Paying too much tax hurts.

As an advisor, an important part of our value proposition is to identify strategies that will help our clients' minimize the amount of tax they pay.

Below are identified a number of tax challenges that clients may face and provides easy-to-understand solutions.

Below are a selection of 13 Tax Managed Investing Strategies:

Tax Managed Investing � Strategy #1
Capitalizing on Capital Losses  (PDF, 76KB)
If you or your spouse have realized capital gains in the last three years, consider selling an investment that has dropped in value to recover the taxes paid on those gains

Tax Managed Investing � Strategy #2
Fighting the Clawbacks �Reduce Line 234  (PDF, 77KB)
Dividend income is the least "income friendly"to retirees because the grossed-up amount is reported on their tax returns. Although the dividend tax credit provides preferential tax treatment, the grossed-up amount exaggerates the total income on line 234.

Tax Managed Investing � Strategy #3
Maximizing Discretionary RRIF Income by Borrowing To Invest (PDF, 77KB)
If you are an investor with discretionary RRIF income, you can put that income to good use. By borrowing to invest, you not only achieve tax savings each year, but gain the potential to significantly increase the value of your non-registered investment portfolio over the long term.

Tax Managed Investing � Strategy #4
Final RRSP Contributions at Age 69  (PDF, 75KB)
The clawback of government benefits can have a significant impact on an individual's retirement income. Some careful RRSP planning as age 69 approaches, however, can reduce taxable earnings in retirement � and reduce the clawback of government benefits.

Tax Managed Investing � Strategy #5
 Unlocking Locked-In Funds (PDF, 71KB)
While pension assets represent an important source of retirement income, locking-in restrictions can hamper retirement income planning flexibility. By making full use of maximum withdrawal limits, thousands of dollars of pension savings can be unlocked while remaining tax-sheltered.

Tax Managed Investing � Strategy #6
Lower the Family Tax Bill � Income Splitting Using Loans (PDF, 75KB)
Demand Promissory Note  (PDF, 18KB)
People often consider tax saving strategies on an individual basis, but overlook family strategies that can save significant tax dollars. The use of intra-family loans to split income and save taxes is a good example.

Tax Managed Investing � Strategy #7
 Cross-Border Investment Planning (PDF, 72KB)
There are significant investment tax-saving opportunities for Canadians who take up residence in the United States. In order to benefit, it's important for individuals to properly structure their investment portfolios before they leave.

Tax Managed Investing � Strategy #8
Little Known Facts About the Canada Pension Plan (CPP) (PDF, 83KB)
For Canadians at or nearing retirement, the Canada Pension Plan (CPP) remains a bit of a mystery. Many people realize they've been contributing to it for a good portion of their lives, but may not be sure how much they will receive at retirement.

Tax Managed Investing � Strategy #9
(RESPS no longer just for kids (PDF, 108KB)
When most people think of Registered Education Savings Plans (RESPs), they think of an educational savings plan for children. Did you know that RESPs are a great savings plan for adults?

Tax Managed Investing � Strategy #10
Giving more for less � maximize donations to charities (PDF, 670KB)
Not only do charitable donations provide individuals with the satisfaction of giving back to their communities, recent changes to Canadian tax laws now ensure that there has never been a more tax-advantaged time to give.

Tax Managed Investing � Strategy #11
 Put your retained earnings to work (PDF, 642KB)
Many business owners have built up significant retained earnings in their corporation and are looking for ways to pull that money out. Well, there's a simple strategy available that moves retained earnings out of the company and puts them to work generating investment returns � in a tax efficient way.

Tax Managed Investing � Strategy #12 
Individual Pension Plans - and the family business  (PDF, 675KB)
With the 2003 changes to pension limits and the ability to include an Individual Pension Plan (IPP) in a succession plan, IPPs have become the RRSP alternative for many business owners.

Tax Managed Investing � Strategy #13 
Alter Ego Trusts: the answer to probate fees? (PDF, 829KB)
Alter ego and joint partner trusts have been gaining in popularity as a way to avoid probate, but are there alternatives? This strategy looks at alternatives to Alter Ego trusts and the advantages of and disadvantages to both.