EDUCATION CENTRE

Every year in Canada, millions of dollars in tax deductions and credits go unclaimed. Here are 6 of the most overlooked deductions and credits that can help minimize your tax bill and maximize your refund. Union duesUnion dues can be deducted! Box 44 of your T4 slips will contain the total amount of dues you’ve […]

According to the Fraser Institute, The average Canadian family now spends more of its income on taxes (43%) than it does on necessities such as food, shelter, and clothing combined (37.4%). However, the Canada Revenue Agency offers families a variety of tax relief benefits and programs to help them keep more of their hard-earned dollars. […]

No advisor can guarantee a future rate of return, but a good advisor can always guarantee a level of tax savings. There are 5 categories of tax planning:1. Income Deferral2. Income Splitting3. Tax Sheltering4. Income Spreading5. Tax Credit Maximization Ongoing tax planning is the key to reducing your tax burden, while increasing your income.

Treat your password like your toothbrush. Don’t let anybody else use it and get a new one every six months. ✅ _____________________________On a serious note, we not only make it a point to speak with our clients about the need to secure their passwords but also to ensure their Executors and Powers of Attorneys know […]

7% of Canadians plan to fund their retirement through lottery and gaming winnings??? There are many recipes for retirement success, but the key ingredient in almost all successful retirements is good planning. Don’t roll the dice, contact us today for your personalized retirement plan.