Tax Planning for Business Owners 2024 – Live Webinar June 13, 2024

Business owners are regularly in need of succession planning guidance, and tax laws are continually changing. Owners have usually heard of the capital gains exemption available on the sale of small business shares, but rarely understand the advanced planning that may be necessary to be able to use it.

Overview

Estate freezes often accompany such planning, and can come in many forms, each bearing its own unique set of risks, considerations and complexities. Likewise, business succession plans overall require a careful weighing of several separate factors including tax, business and family circumstances.

Join Tina Tehranchian, Senior Wealth Advisor of Assante Capital Management Ltd. for a practical analysis of the complexities of business succession planning. This webinar will explore the alternatives available to business owners to minimize tax on business and value growth, as well as offering some methods of passing wealth on to family or charity.

TOPICS:

The unique challenges faced by business owners
Tax effective investment strategies for holding companies
The tax advantages of corporate class funds for corporations
The best methods of funding shareholder agreements
Using life insurance to minimize passive income and grow assets on a tax deferred basis
Using Personal Pension Plans to pass on wealth to the next generation, have a fully creditor proof source of retirement income, and save significantly more than possible with RRSPs.
Tax smart giving strategies to maximize the impact of charitable donations by business owners

LEARNING OBJECTIVES:

Enhancing your knowledge of tax related to business owners
Building tax effective strategies to help your clients
Using other means to build the tax strategy

MINIMUM REQUIREMENTS:

You will require an Internet connection and a phone/voice connection at the same time. Most attendees use their computer for the audio. Participants are able to submit questions and comments during the session via a Q&A text panel. Terms, conditions, pricing and services subject to change.

TARGET AUDIENCE:

This webinar will be of most interest to accountants and financial planners advising their clients on retirement planning.

PROFESSIONAL DEVELOPMENT CREDITS (CPE HOURS):

Wolters Kluwer professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation.

Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for 12 months following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

CANCELLATION POLICY:

Due to the costs involved with planning Web sessions, cancellations must be confirmed in writing at least one (1) business day before the beginning of the Web session. If we receive your cancellation notice within the above-mentioned period, you will receive a full refund. No refund will be issued for notices received after the cancellation period.

THIS WEBINAR INCLUDES:

12 months to review the webinar recording
Print version of the presentation slides
PD Certificate for 2 hours

PRESENTER:

This webinar is being presented by: Tina Tehranchian, CFP®, CLU®, CH.F.C.®, CIM®, MFA-P™ (Philanthropy)

Senior Wealth Advisor
Assante Capital Management Ltd.

A financial advisor since 1991, Tina Tehranchian, MA, CLU®, CFP®, CHFC®, MFA-PTM (Philanthropy), is a senior wealth advisor at Assante Capital Management Ltd. She specializes in assisting business owners and self-employed professionals grow their wealth and develop sound financial and estate plans. She is also an expert in devising charitable tax planning strategies and helping philanthropic Canadians multiply their bequests to charities while reducing their taxes and leaving greater inheritances for their beneficiaries.

Tina is a FP Canada™ Fellow (formerly Fellow of FPSC™) and was among the first-ever group of Certified Financial Planner (CFP®) professionals in Canada to receive the Fellow of FPSC™ distinction from the Financial Planners Standards Council in 2011.

In 2021, Tina became the first woman and the first Canadian to be selected as the Top Senior Wealth Advisor of the Decade by the International Association of Top Professionals (IAOTP) and in 2020, Tina became the first Canadian to be selected as the Top Senior Wealth Advisor of the Year by the same organization. Amongst the numerous other awards she has received are the Women's Executive Network's Canada's Most Powerful Women : Top 100 Award (2020), Women in Finance Awards Canada’s Financial Advisor of the Year Award (2019), and the International Alliance for Women’s World of Difference Award (2019). More recently, Tina was listed as one of the Top 50 Leading Women in Wealth, by Wealth Professional in 2023.

Tina is often quoted as an expert in her field in major newspapers such as The Globe and Mail, The Toronto Star, The National Post, and The Wall Street Journal, as well as industry-specific magazines like The Investment Executive and The Insurance Journal. She has also been featured on national radio and television stations including BNN, CBC, and CTV as a financial planning expert, and is a frequent contributor to the Canadian Business Journal. In addition, Tina has taught personal financial planning at Centennial College’s Centre for Entrepreneurship for over a decade.

Since 2000, Tina Tehranchian has helped raise over $3 million for various charities and has served on the boards of The McMichael Canadian Art Collection, the Mackenzie Health Foundation, the Fort York Foundation, Seneca College, Art Canada Institute, and the Encyclopaedia Iranica Foundation, amongst other charities. She currently serves on the Fundraising Advisory Board of The Princess Margaret Cancer Foundation and is the chair of the ONE LIFE gala committee, a fundraiser in support of the Foundation.