In this Snippets episode, Leon Goren sits down once again with John Mendis, tax partner at McGovern Hurley, for a timely conversation on year-end tax planning strategies for individuals and business owners. With December 31st fast approaching, John shares practical reminders and actionable insights to help listeners make informed tax decisions before the deadline.

Learn about key personal tax considerations such as TFSA versus RRSP planning, tax-loss harvesting rules, and charitable giving strategies. John also dives into important corporate tax topics, including shareholder loans, salary versus dividend planning, bonuses, and common pitfalls business owners should watch for as the year closes.

Tune in for a comprehensive overview of smart, proactive tax planning.

In this Snippets episode, Leon sits down with John Mendis, tax partner at McGovern Hurley, to discuss key year-end tax strategies for individuals and business owners. John shares valuable insights on optimizing tax planning, maximizing deductions, and understanding the latest changes in Canadian tax regulations.

While this conversation originally focused on fourth-quarter tax planning for 2024, the insights remain highly relevant beyond the year-end deadline. Whether you’re preparing for your next tax filing, strategizing for the current financial year, or looking to optimize your long-term tax planning, John’s advice can help you stay ahead. Topics include RRSP contributions, tax-free savings accounts, small business deductions, passive income rules, and evolving capital gains tax regulations.

No matter the time of year, smart tax planning is essential. Tune in for expert strategies to minimize liabilities and maximize financial success!

Special thanks to Aird & Berlis for bringing you today's episode of Snippets with Leon Goren.

Tune in as Leon chats with Alex Talmor, the President of the Canadian Operations at GlassHouse Systems, a North American company that provides IT infrastructure, security, cloud, and managed services for large corporations and governments.

Starting as a sales executive, Alex rose in the ranks, becoming President in 2022. He offers key insights into career advancements within organizations and provides observations regarding recruiting talent in both small and large organizations. He also shares with us reflections on working while having a young family and favourite travel destination.

If you’re interested in our Snippets podcasts or The Way Forward live webcasts, please take a moment and visit us at peo-leadership.com. Guests have included Morgan Housel, Professor Janice Stein, Michael Beer, Rob Chesnut, Dr. Jason Selk, and Mitchell Goldhar. We’ve covered such topics as growth, uncertainty, mental health, leadership, the new world, and a host of others.

If you’d like to learn more about our leadership community, please feel free to contact lgoren@peo-leadership.com.

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