Stop Letting the CRA Eat Your Profits | The Corporate Cash Traps Crushing Business Owners

Stop Letting the CRA Eat Your Profits | The Corporate Cash Traps Crushing Business Owners

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

You worked hard. You took the risk. You built the business. So why does it feel like the CRA is the biggest partner you never invited in?

On today's episode, Darren and Christina break down the most dangerous corporate cash traps business owners fall into — often without even realizing it. From passive income clawbacks to estate planning disasters, these mistakes quietly erode your profits and limit your future options.

This is required listening for Canadian business owners who want control, flexibility, and tax efficiency — not surprises from the CRA.

Show notes:

00:00 - Introduction

1:50 - What are corporate cash traps?

3:10 - The passive income trap

7:10 - Inefficient profit distribution

9:25 - Corporate association rules

11:55 - Estate planning traps

14:20 - Loss of the lifetime capital gains exemption

17:50 - How do we solve these traps?

21:15 - Real life example



FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true



Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.



The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.

Episoder(254)

Breaking Down Inflation: How Did We Get Here? | Real Inflation Vs. Fake Inflation

Breaking Down Inflation: How Did We Get Here? | Real Inflation Vs. Fake Inflation

On today's episode, Darren and Christina break down inflation and how we've found ourselves in this position with inflation still on the rise. The two also chat about stagflation, how you can measure ...

10 Nov 202234min

Inflation Slightly Down But Interest Rates Continue To Rise | Weak Canadian Dollar | November Update

Inflation Slightly Down But Interest Rates Continue To Rise | Weak Canadian Dollar | November Update

On this month's C&C update, Darren and Christina cover the recent interest rate hike, the struggling Canadian Dollar, the current outlook of the real estate market, as well as some exciting news for u...

7 Nov 202212min

Busting RRSP Myths | Get Access to YOUR Money When You Need It

Busting RRSP Myths | Get Access to YOUR Money When You Need It

On today's episode, Darren and Christina are debunking all the RRSP myths that you've been told over the years including how a lot of people think they're getting a tax deduction when they put money i...

31 Okt 202221min

How To Get Money Out Of Your Business TAX FREE | Breaking Down The Benefits Of The Health Care Spending Account

How To Get Money Out Of Your Business TAX FREE | Breaking Down The Benefits Of The Health Care Spending Account

On this week's episode, Darren and Christina break down the advantages business owners have when incorporating the use of the health care spending account. Unlike group insurance, this type of account...

24 Okt 202223min

A Permission Slip To SPEND Your Money | How a Death Benefit Works in an Infinite Banking Policy

A Permission Slip To SPEND Your Money | How a Death Benefit Works in an Infinite Banking Policy

We've talked a lot about what the infinite banking strategy can do for you when you're taking advantage of opportunities before retirement but on today's episode, Darren and Christina are breaking dow...

17 Okt 202216min

Dave Ramsey is WRONG about Infinite Banking | Why Infinite Banking is NOT a Scam

Dave Ramsey is WRONG about Infinite Banking | Why Infinite Banking is NOT a Scam

On today's episode, Darren and Christina debunk the infamous Dave Ramsey video on YouTube where he tells a caller on his show why infinite banking is a scam and why this caller should stay away from t...

10 Okt 202233min

Why You're MISSING OUT On Retirement Savings | The Importance of an Uncorrelated Asset | Using Infinite Banking Policy To Win

Why You're MISSING OUT On Retirement Savings | The Importance of an Uncorrelated Asset | Using Infinite Banking Policy To Win

On today's episode, Darren and Christina show you how you can double your retirement income and at the same time reduce your retirement risk! Believe it or not, there's a way you can do this and if yo...

6 Okt 202211min

Are We Headed Towards A Bear Market? | Another Interest Rate Hike | C&C October Update

Are We Headed Towards A Bear Market? | Another Interest Rate Hike | C&C October Update

On today's episode, Darren and Christina are coming at you with the October Update and go over a few topics including a quick look at the Stock Market and if Canada is headed to a bear market, another...

3 Okt 202214min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
utbytte
pengesnakk
stormkast-med-valebrokk-stordalen
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
liberal-halvtime
rss-sunn-okonomi
lederpodden
rss-pa-konto
rss-investering-gjort-enkelt
rss-markedspuls-2