Taxes can quietly drain wealth—through missed credits, mistimed withdrawals, and inefficiencies you didn’t even know were there. At Deacon Wealth Management, we believe in tax planning that’s proactive, not reactive. It’s not something you do once a year—it’s something we think about every day, so you don’t have to.
Whether you’re a business owner looking to keep more of what you earn or a high-net-worth family seeking smarter tax strategies, our approach is hands-on, forward-looking, and fully integrated with your overall wealth plan.
Tax strategies for high-net-worth individuals
If you’ve built substantial wealth, you know that taxes don’t stop when you retire. In fact, they often become more complicated. We create high-net-worth tax strategies that minimize erosion and maximize opportunity—coordinating withdrawals, timing, income splitting, and investment strategies that keep your wealth working. We look at the big picture:
- How can we lower your tax burden today and over time?
- Which accounts should you draw from first?
- Are your investments aligned with your tax bracket and goals?
- Can we preserve more of your legacy through charitable giving or trusts?
At Deacon Wealth Management, these aren’t add-ons—they’re built into the heart of every plan.
Tax planning for business owners and entrepreneurs
Running a business creates opportunities—but also complexity. As a business owner, your personal wealth is often tied directly to corporate structure, cash flow, and tax exposure. We specialize in tax planning for businesses and owner-managed corporations, helping you stay one step ahead.
From corporate income deferral to dividend strategies, shareholder compensation, and capital gains planning, we help you:
- Minimize tax in both your corporate and your personal return
- Plan your salary/dividend mix with intent
- Strategically plan investments and asset sales to your advantage
- Prepare for a tax-efficient business exit
Your accountant handles filings. We handle the strategy behind them—mapping out where you’re going and how to get there with the least tax friction possible.
Corporate tax planning that makes every dollar count
We work closely with your accountant to ensure your corporate structure supports long-term goals. That includes decisions around holding companies, investment accounts inside corporations, and integrating your business planning with your personal retirement and estate goals.
Whether it’s unlocking capital gains exemptions, setting up an Individual Pension Plan (IPP), or planning your eventual exit—we ensure your corporate tax plan fits into your larger wealth strategy.
Tax reduction through full-picture coordination
Our clients don’t guess at tax savings. They see them clearly. That’s because we coordinate every piece—investments, insurance, retirement income, and estate planning—with tax efficiency in mind.
Tax reduction happens when everything is working together:
- RRIF and TFSA withdrawals timed to reduce bracket creep
- Strategic use of spousal loans and prescribed rate strategies
- Insurance-based solutions to offset tax on estate assets
- Properly sequenced withdrawals from personal and corporate accounts
It’s all connected, and at Deacon Wealth Management, we make sure the pieces fit.
Planning for what’s next—even when it’s unexpected
Life doesn’t always follow a plan. A sudden inheritance, sale of a business, or a health challenge can shift your tax situation overnight. Our role is to adapt quickly—protecting you from surprises and helping you move forward with confidence.
We update your plan as life evolves. Tax brackets change. Rules get updated. We track every change and respond before it affects your bottom line. That’s the kind of hands-on support our clients count on.
Safeguarding your legacy from unnecessary tax
Your legacy shouldn’t be defined by what gets lost to tax. We help ensure your wealth moves to the next generation or your chosen charitable causes with as little tax impact as possible.
That may include:
- Estate freezes and intergenerational transfers
- Strategic use of life insurance
- Trust planning
- Charitable giving strategies
We look ahead, so your loved ones aren’t left cleaning up loose ends or paying unnecessary tax.
Tax planning as a partnership
You’re not just hiring a financial advisor. You’re building a long-term partnership with a team that sees the full picture and treats your financial life with care. At Deacon Wealth Management, we believe tax planning is about more than numbers—it’s about peace of mind.
We explain every strategy in clear language. We coordinate directly with your accountant. We meet regularly to keep your plan updated and aligned. And we’re here when the unexpected happens—ready with answers, not delays.