The Greenard Index

Kevin Greenard: Shareholders agreement useful in planning

Over half of the corporations we work with have a shareholder situation that is relatively straightforward 鈥� either a sole shareholder or jointly owned with their significant other.

Sep 17, 2021 12:01 PM Read more >

Kevin Greenard: Making charitable donations from a corporation

As a portfolio manager, our No. 1 objective is to help our clients achieve their goals 鈥� both financial, such as a desired level of income in retirement, and non-financial, such as making a charitable impact.

Sep 10, 2021 9:01 AM Read more >

Kevin Greenard: Estate planning for corporations

In my introductory accounting textbooks, it talks about how a corporation can not die. It also mentions that all corporations have one or more voting shareholders. The voting shareholder(s) appoint one or more directors to oversee the corporation.

Sep 3, 2021 1:25 PM Read more >

Kevin Greenard: Refund of corporate taxes previously paid

Corporations have a notional account that is referred to as the Refundable Dividend Tax On Hand (RDTOH) 鈥� in fact, as of 2019 corporations have two of these notional accounts.

Aug 27, 2021 9:01 AM Read more >

Kevin Greenard: Clarifying the confusion between eligible and non-eligible dividends

In sa国际传媒 there are two types of dividends: 鈥渘on-eligible dividends鈥� and 鈥渆ligible dividends.鈥� Eligible dividends are subject to a larger 鈥済ross-up鈥� than non-eligible dividends, but as a result, they are eligible for a larger dividend tax credit.

Aug 20, 2021 12:01 PM Read more >

Kevin Greenard: The Greenard Group's 10 items to consider 鈥� salary or dividends?

Our professional clients and business owners who are incorporated (combined we will refer to both as 鈥渂usiness owners鈥�) must juggle a few different balls when it comes to determining corporate versus personal taxation, and the overall combined tax ef

Aug 13, 2021 12:01 PM Read more >

Kevin Greenard: Investing under a corporate umbrella

When a corporation is set up for an active business, it is typically referred to as an operating company. Once our clients have retired from the active business, the operating company is often sold, closed, or converted to a holding company.

Aug 6, 2021 12:01 PM Read more >

Kevin Greenard: Corporations help high-income professionals

Dentists, doctors, lawyers, accountants and other professionals have the option to incorporate. These corporations are often referred to as professional corporations (PC).

Jul 30, 2021 12:00 PM Read more >

Kevin Greenard: Understanding tax-free capital dividends

Taxation for corporations is different from taxation for individuals. Our corporate clients can take advantage of many things: tax deferral, income splitting possibilities, tax-efficient dividend payments, etc.

Jul 23, 2021 1:10 PM Read more >

Kevin Greenard: Breaking down the stages of retirement

The levels of retirement that we see correspond directly to the performance of the stock market. When returns exceed projections in a financial plan, many people speed up their plans for retirement.

Jul 2, 2021 12:00 PM Read more >