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Tax Planning for You and
Your Family 2012 |
Reduce your family's tax bill and raise your
family's wealth.
In Canada, taxes are one of the biggest obstacles
to the creation and preservation of independent wealth. Whether you're a
student, a married or single parent, an executive or the owner-manager of your
own business, Tax Planning for You and Your Family 2012 offers
practical, easy-to-understand strategies that can help you keep more of your
hard-earned dollars and boost your family's net worth.
Up-to-date for
2012 by the tax and financial planning team at one of Canada's largest
professional services firms, KPMG, Tax Planning for You and Your Family
gives you the latest on: |
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- Creating a sound financial plan for your family's
future and your retirement.
- Making the most of the special tax breaks available
for students, working parents, first-time home buyers, seniors and people with
disabilities.
- Developing an investment strategy and planning for
investments in tax-effective vehicles like stocks, bonds, mutual funds, income
funds and life insurance products.
- Deferring taxes through popular savings vehicles
like RRSPs, Tax-Free Savings Accounts and Registered Pension Plans.
- Reducing taxes on your income from your job or
your business by maximizing your claims for items such as automobiles, moving
costs, and home office expenses.
- Structuring your charitable donations, both during
your lifetime and in your will, to help maximize the value of the gift to the
charity and the tax benefits to you or your estate.
- Shielding your earnings and property from U.S.
income and estate taxes.
- Creating a plan to leave more to your heirs and
less tax to the tax authorities through strategies such as estate freezing,
family trusts, and business succession planning.
- Fulfilling your obligations to a deceased person's
estate and beneficiaries as an executor and estate trustee.
- Dealing with tax collectors, from filing your
return to launching an appeal of taxes in dispute.
In addition to updated federal and provincial tax
rates and tax credit amounts, the 2012 edition offers new information on:
- Changes to the federal tax brackets and the
amounts used to compute the basic personal, spousal, eligible dependant and age
credits
- New federal tax credits for children's art lessons
and volunteer firefighters
- Changes affecting Individual Pension Plans
- More flexibility to allocate assets among
siblings' Registered Education Savings Plans • Extension of the "income
splitting tax" to include capital gains
- An updated round-up of HST and provincial sales
tax rates in effect across Canada
- Personal Quebec tax changes announced in the
province's 2011 budget, including extensions of the credit for caregivers of
related adults
- Recent U.S. tax law developments that could affect
the estate and generation-skipping transfer tax burden of Canadians owning U.S.
assets
- New requirements to report information to the IRS
for U.S. citizens in Canada.
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A comprehensive index, complete cross-references,
current tables of federal and provincial tax rates and credits, and summaries
of key tax planning points in each chapter make it easy to quickly pinpoint the
information you need.
Tax Planning for You and Your Family is
your guide for saving money at tax time and all year round.
Information
in this edition is current to July 1, 2011, and reflects the law and publicly
announced proposals for changes as of that date.
This is an annual
publication. The 2012 edition was released October 2011. |
| DESCRIPTION |
| Editors-in-Chief |
Paul B. Hickey, C.A. of KPMG LLP, Sandra
Bussey, C.A. , Joseph Petrie, BA (Toronto), Carol Bethune, MA (Toronto) |
| Publisher |
Carswell |
| Year of release |
2011 |
| Format |
Softcover |
| Pages |
367 pages |
| Catalogue No. |
978-0-7798-3695-6 |
| Price |
24.95$ |
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| Bilingual |
No |
| Available in French |
Yes: Vous, votre
famille et le fisc 2012 |
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©Publications Gouvernementales
2000-2012
1185, rue University, Montréal, Québec, Canada, H3B
3A7
Téléphone: (514) 954-1633 · Ligne sans frais:
1-888-834-1633 · Courriel: infos@pubgouv.com |
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