What tax implectations are when giving financial gifts or loans to your children.
One of the more common questions that come up in our office is “How much can I gift to my kids without triggering taxes?” Keep in mind that there are very different rules for “gifting” when it comes to US taxes, and I won’t touch on that in this article. If you want to know more related to US taxes and gifts, I encourage you to reach out to our resident US Tax Expert – Tyler Pocsik – he will be happy to answer questions related to US tax.
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If you are reading this, you have likely spent hours researching to determine the next steps to launching your product or services business.
| Read MoreEverything you need to know about wills.
At JMH & Co. we appreciate that as we grow older, the importance of having a will also grows. If you are unsure of where to start or what you need to have in place, we have the information to help guide you.
| Read MoreCPP | When should I start collecting?
One of the most common questions we are asked at JMH & Co. is, “When should I start collecting CPP?”
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