As-salamu Alaykum,

Don't leave money on the table! Join our tax strategies webinar led by financial experts to reduce your tax obligation before December 31st, 2023.

We will reveal specific, actionable steps personalized for investors and business owners to utilize key opportunities like tax-loss harvesting, registered account contributions, income splitting, and maximizing business deductions.

This live 1.5 hour online event provides a timely education in tax minimization to grow your wealth headed into the new year.

Agenda:

Tax Tips for Individuals:

• Tax-Loss Selling: Learn how to strategically manage capital gains and losses.

• RRSP Contributions: Maximize your Tax savings through Registered Retirement Savings Plans.

• TFSA Contributions: Explore tax-free savings opportunities with Tax-Free Savings Accounts.

• FHSA Contributions: Understand the benefits of First Home Savings Accounts.

• RESP Contributions: Discover tax-efficient ways to save for your child’s education before year end.

• Charitable Donations: Learn how charitable giving can reduce your tax liability.

Tax Tips for Businesses:

• Income Splitting - Consider paying salaries to family members involved in the business to distribute income and reduce overall tax burden.

• Optimize Salary/Dividends - Determine the ideal mix of deductible salary and lower taxed dividends for incorporated owners.

• Year-End Purchases - Make necessary business purchases before year-end to claim expenses in current year.

• Capital Cost Allowance - Claim CCA depreciation on assets purchased for your business to reduce taxable income.

• Maximize Expenses - Carefully record all allowable business expenses such as office supplies, vehicle, etc. to reduce taxable profits.

Islamic Topics:

• Haram Wealth and Acts of Worship: Delve into the spiritual implications of wealth management.

Join our panel of experts including Hash Assad, Shaykh Navaid Aziz, and Yasmeen Khan for a valuable discussion on building wealth as a Muslim woman.

Presenters:

• Hash Assad: Executive Financial Planner

• Shaykh Navaid Aziz: Imam and Educator

• Nasir Abbas: Chartered Professional Accountant

Downloads:

• 2023 Year-end tax planning checklist for Individuals

• 2023 Year-end tax planning checklist for Business owners

Articles:

• Important dates to help you get ready for tax season

• Year-end tax planning tips for business owners

• What should I be focused on for year-end tax planning?

• Year-end strategies to enhance your charitable giving