Browse WME Course For Financial Planners (WME-FP)

Chapter 9: Tax Reduction Strategies

In this section

  • Techniques to Minimize Taxes
    Maximize Canadian tax effectiveness by leveraging deductions, credits, income-splitting strategies, tax-deferred accounts, and capital gains management in personal and business contexts.
  • Tax-Free Savings Accounts
    Discover the essentials of Canadian Tax-Free Savings Accounts, including contribution rules, withdrawal strategies, over-contribution penalties, and effective wealth management approaches for a tax-efficient portfolio.
  • Registered Plans Used for Non-Retirement Goals
    Explore how Canadian-registered plans like RESPs, RDSPs, the Home Buyers’ Plan, and the Lifelong Learning Plan can help you meet non-retirement goals through tax-deferral, government grants, and flexible withdrawal options.
  • Incorporation and Tax Reduction Strategies in Canada
    Learn when, why, and how to incorporate in Canada to optimize tax savings, protect liability, and leverage corporate structures for professional and small business success.