Better Manage Owner-Manager Compensation Discussions

As a result of recent corporate tax rate changes and adjustments to the taxation of dividends, one of the key issues faced by the owner/manager of a private business is how to best manage his or her compensation to maximize the amount of after-tax income available to the family.

Knowledge Bureau’s Tax Planning for Corporate Owner Managers course will explain how and provide the experience and credentials to better manage owner-manager compensation so that advisors can better equip themselves with a broad understanding of the tax changes as well as the compensation planning options available for the family business and its family members, using practical case study examples and student versions of professional tax software.

   

Knowledge Bureau’s Tax Planning for Corporate Owner Managers course is one of six courses in the Business Services Specialist – Master Financial Advisor program. Students learn to define the components of compensation, including salary, dividends, and bonuses, their tax attributes and the opportunities and/or constraints imposed by recent income tax changes. They will acquire the knowledge and skills required to provide advice throughout the year with a view to minimizing the total amount of income taxes paid by the family, and apply recent personal/corporate tax changes to the family’s best benefit using true-to-life case studies.

What Our Students Say:

“This was an excellent course, one of the best I have taken in the MFA Designation Program. The course was very challenging and the information contained was valuable to me in my practice.  I plan to keep my journal nearby as a reference when required.  This is a very valuable course for anyone in private practice.” Heather M, Dartmouth, NS

Equip yourself with a broad understanding of the tax changes as well as the compensation planning options available for the family business and its family members.  Then use your knowledge to implement Real Wealth Management™ strategies to help families accumulate, grow, preserve and transition their wealth over time with proper retirement investment plans.

For more information and personal assistance call 1-866-953-4769 or click here to learn more online.

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