Income tax planning and elections for a deceased individual client.Diss, William T
ITR 5 Form is meant for firms, LLPs, AOPs (Association of persons) and BOIs (Body of Individuals), Artificial Juridical Person (AJP), co-operative society, Estate of deceased, Estate of insolvent, Business trust and investment fund, subject to some conditions. ITR 6 is a tax return form...
ARegistered Education Savings Plan (RESP)is the equivalent of a United States529 plan. It allows savings for college to grow tax-free until the money is withdrawn, at which time taxes onwithdrawalstend to be low or nonexistent because students typically have little to noincome.2The majority o...
but by converting an RRSP into an RRIF, people can keep their investments under a form oftax shelter, while still having the chance toallocate assetsaccording to their specifications
amend or even expand beyond the original tax cuts created by TCJA. Which means that the question going forward is not so much whether TCJA will be extended, but rather which portions will remain in their current form and which may have some 'wiggle room' for change in the next tax bill....