Holding Companies

Holding Companies

What is a holding company? A holding company is simply a corporation that does nothing but own a controlling interest (shares) of one or more other companies that are actually…

Income Sprinkling under the Microscope

The common small business practice of income sprinkling – distributing business income among the owner’s family members using dividends, with the aim of reducing the family’s overall tax – has…

How SMEs Can Avoid Common Pitfalls

Small business owners often limit their potential for financial success through lack of awareness and careful planning, says Jennifer Black, president of Dedicated Financial Solutions, a financial planning company based…

Wealth Management Solutions for Business Owners

Wealth Management Solutions for Business Owners Lifetime Capital Gains Exemption Effective for 2014, the Lifetime Capital Gains Exemption (LCGE) is increased to $800,000. Qualification for the Exemption The capital gains…