Inactive Income — Why It Matters & When?

Join us for an insightful and practical discussion with Dean Klippenstine and Tyson Kennett of MNP as we explore the growing importance of inactive income in today’s tax and estate planning landscape.

Changes to tax rules over the past several years have significantly impacted private corporations earning passive (inactive) income. For business owners, holding companies, and incorporated professionals, understanding how inactive income affects small business deductions, refundable taxes, and long-term planning has never been more critical.

During this session, Dean and Tyson will cover:

What qualifies as inactive (passive) income

How inactive income affects the Small Business Deduction

The interaction between corporate investment income and refundable tax mechanisms

Planning considerations for business owners and their advisors

When inactive income becomes a strategic opportunity — and when it becomes a problem

Whether you advise incorporated clients or work with private corporations, this session will provide practical insights you can immediately apply in your planning conversations.