Beware of AMT Here is a quick video on what alternative minimum tax is and how it works. Enjoy! Looking for more? Download your Farm Transition Guide Today! Farm Transition Guide A must read for anyone starting their farm transition Please enable JavaScript in your browser to complete this form.Email *Name *FirstLastGet Your Guide…
Does your spouse qualify? This week we interviewed Julien Grenier, accountant and partner at Talbot & Associates. We discuss what CRA looks at when determining whether your spouse can or can’t use their capital gains exemption on the sale of your farmland. Julien can be reached at julien.grenier@talbotcpa.ca or 204-269-7460 Looking for more? Download your Farm…
Here is the recorded version of the Taxes in Retirement: 6 Ways to Beat the System Click the buttons below for more information! Marc Sabourin is a Winnipeg based Financial Advisor and Retirement Specialist with Harbourfront Wealth Management. His specialty is working with pre-retirees and retirees who are looking for retirement, investment, & tax advice. Disclaimer:…
Too much cash in your corp See my latest video going over a case study where one farmer thought his farm corporation qualified for the lifetime capital gains exemption but didn’t due to having too much cash. Click the buttons below for more information! Colin Sabourin is a Winnipeg based investment & financial advisor with…
Here is the recorded version of the Farm Retirement Webinar. Click the buttons below for more information! Colin Sabourin is a Winnipeg based investment & financial advisor with Harbourfront Wealth Management. His specialty is working with farmers who are planning to sell or transition their farms within the next 5 to 10 years. Disclaimer:…
Let’s Multiply Your Capital Gains Exemption As a farmer, you have a lifetime exemption of one million dollar on the sale of farmland. If you exceed that amount, you could be looking at a large tax bill. Here is an option to increase your capital gains exemption. In this video, we will show two things. First, when no plan is in place and the ensuing tax bill. Second, how your tax bill may be substantially decreased with the aid…
This quick video on trusts explains how to keep farmland within the family while being as tax-efficient as possible! Click the buttons below for more information! Colin Sabourin is a Winnipeg based investment & financial advisor with Harbourfront Wealth Management. His specialty is working with farmers who are planning to sell or transition their…
Farmland has been one of the best investments in Canada for the past 25 years.This is clearly shown by an annual growth rate averaging over 5% (as per FCC). If looked at as potential rental income, farmland generates around 7% in annual returns without the wild ride of investing in alternative asset classes. To make…
The US election is weeks away and there is no shortage of predictions on how the winner will impact the markets and economy as a whole. Although our natural reaction is to guess how the outcome of the election will impact your wealth, it becomes a futile exercise when we realize how much there is…
One Stop Shop We work with Farmers looking to have their retirement, investment, tax, and succession planning questions answered. Farm Retirement Planning: How is my income going to look like in retirement? Do I have enough to retire? How can I invest so I am matching the farm rental income that I was receiving? How…