With the 66.7% inclusion rate now in effect, I'm advising my clients on new year-end strategies: crystallizing gains under $250K at the 50% rate, using capital losses more aggressively, considering corporate structures for investment portfolios, and timing asset sales across calendar years.
I keep a close eye on developments like these so my clients don't have to. Tax law changes can significantly affect your filing strategy, and I believe the earlier you understand them, the better positioned you are to plan effectively.
Whether you file in Canada, the United States, or both, staying current on these changes is essential. In my cross-border practice, I've seen firsthand how policy shifts in one country can create unexpected obligations — or opportunities — in the other.
If you have questions about how this affects your specific situation, please don't hesitate to reach out. I'm here to help you navigate these changes and make the best decisions for your financial future.