Hold on to more of your money and build your wealth with these tax-saving strategies!

You work hard for your income ? keep more of it in your wallet with this concise, practical guide. Compiled by a group of skilled accounting professionals, these 78 smart strategies offer something for everyone, whether you’re an aggressive investor or someone struggling with debt, an employee or self-employed, a student or retiree. With succinct tips explaining just what you need to know for year-round tax-planning, this book is an essential reference that just may save you thousands of dollars!

• Get started with the basics ? understand the different types of taxes, find out how to organize your tax records, and investigate how to handle disagreements with the Canada Revenue Agency
  • Protect your income ? use taxable benefits to your advantage, discover which expenses you can deduct, and claim all the credits available to you
    • Run a tax-smart small business ? choose the ownership structure that’s right for you, maximize your capital cost allowance claim, and realize tax wins through income losses
      • Reduce the taxes you pay on investments ? explore tax-efficient investment vehicles, discover the best strategies for income properties, and make the most of capital losses
        • Claim all the credits available to you and your family ? ensure that you don’t miss a credit and that you claim all acceptable expenses to realize the greatest possible savings
          • Keep taxes low in retirement ? find out when to take your CPP/QPP pension, how to manage RRIF withdrawals, and which credits you can claim to reduce your tax burden
            • Create an estate plan that leaves more for your heirs ? consider strategies that reduce your estate’s exposure to income tax and probate fees

              Open the book and find:

              • What to do if you’re missing receipts or slips
                • How to reduce your tax through charitable donations
                  • The non-taxable benefits you should negotiate for
                    • Home office expenses you can deduct
                      • How to sell your business in a tax-savvy way
                        • Which insurance products can help cut your tax bill
                          • Ways to split your income to pay less tax
                            • How to maximize your childcare and medical expense claims

                              Learn to:

                              • Apply tax-saving strategies throughout the year
                                • Maximize your deductions and credits
                                  • Minimize tax on investment income
                                    • Avoid an audit