We’re thrilled to announce that LRK will be part of the RHBOT Holiday Celebration on Thursday, December 4, 2025, at the Richmond Hill Centre for the Performing Arts. This festive event is the perfect way to wrap up the year with networking, holiday cheer, and community spirit!
As trusted advisors and entrepreneurs, LRK will also share practical tax planning strategies for both individuals and corporations—from optimizing RRSP contributions and income splitting to corporate compensation planning and succession strategies. Come visit our booth to gain insights that can help you start 2026 on the right financial footing!
Event Details
📍 Location: Richmond Hill Centre for the Performing Arts, 10268 Yonge St, Richmond Hill, ON L4C 3B7
📅 Date: Thursday, December 4, 2025
🕔 Time: 5:00 PM – 7:30 PM
Tickets
🎟Members: $25
🎟Non-Members: $35
🎟Vendor Booths: $100 (Members) | $130 (Non-Members)
Why You Should Attend?
✅Personal Tax Planning Ideas
- Maximizing your RRSP room: You’ve heard this countless times, at the beginning of the New Year you’ll be constantly reminded to maximize your RRSP room. We’ve done the math, and it is indeed a fantastic tool to grow wealth! However, did you also know that following this strategy blindly might cost you dearly in old age, as well as your heirs to your estate?
- Passive income: Earning passive income like interest and dividends is great and a goal for everyone. Paying the taxes on passive income isn’t so great. However, did you know it may be possible to recover a chunk of tax paid on passive income?
- Income splitting: Sharing is caring, unless you are the CRA. CRA has heavily restricted sharing income to achieve income splitting amongst family members to reduce taxes. Despite this, there are still limited and viable strategies that can be implemented to spread income amongst family members that is accepted by CRA.
- Interest deductibility: Most people assume that the interest on their principal residence is automatically not deductible. Wrong. There may be a chance that the interest could be deductible, and if it isn’t, there may be strategies to get the interest deductible.
- AMT: AMT stands of alternative minimum tax. This is a fancy name for a tax to punish those who are successful in reducing their taxes through legitimate strategies like the above. For those who have passive income like dividends and capital gains, this is especially relevant. However, there may be strategies to reduce this AMT to zero.
✅ Corporate Tax Planning Ideas
- Review Compensation Mix (Salary vs. Dividends): Decide how you pull money out. Salary requires paying CPP (~$9k/yr), while dividends allow you to opt out. Consider taking dividends and investing the savings inside your corporation.
- Optimize Income Splitting: Properly structured corporations can pay dividends to family members who are legitimately involved. “Savvy” planning can save thousands annually by utilizing lower tax brackets of spouses or adult children.
- Manage the Small Business Deduction: The first $500k of income is taxed at ~12.2%. If you own multiple corporations, ensure you aren’t accidentally “associating” them and forced to share this single limit.
- “Purify” for Capital Gains Exemption: To sell your business tax-free (up to $1.25M), 90% of assets must be “active.” Move excess cash or passive investments to a Holding Company to keep your OpCo eligible.
- Secure Your Legacy (Estate Freeze): Stop your potential death tax bill from growing. An Estate Freeze locks in your current tax liability and passes all future growth to your family, potentially saving millions.
Meet Our Experts
Thanusan Raveendran, CPA, CA, and Martin Lee, CPA, CA, are not just experienced tax professionals—they’re small business owners themselves. They are passionate about equipping fellow entrepreneurs with strategic tax solutions that address real challenges at every stage of the business journey.
Stop by our booth to learn more about these tax planning strategies and discover how LRK can help you prepare for a successful 2026!
Take the first step toward success!
If you have questions or need expert guidance, we’re here to help you every step of the way. Schedule your free consultation today!