Why I moved to being fee based and independent
I’ve worked in the best interest of clients as an accountant for 20+ years and so working with a commission only and proprietary only financial services firm presented a difficult challenge to me. It just didn’t “sync” with how I prefer to operate. It may have been more lucrative to stay where I was in […]
5 last minute retirement related tax tips for 2018
A CIBC poll reported that 77% of Canadians don’t think about their taxes until Dec. 31 which is the date when many tax-planning opportunities expire. It’s most likely the biggest reason why more than 75% of Canadians will miss tax saving opportunities. It’s much better to think about ways to reduce your 2018 tax bill […]
The Magic Number!
The conversation with clients about retirement income planning is much different from those conversations that occur over the years while they are building retirement assets using vehicles such as pensions, RRSPs, LIRA’s, TFSAs and so on. Often, their focus is on being “conservative” because their understanding from public sources suggest that this is the appropriate […]
A Little Knowledge Can Make Life Less Taxing
It doesn’t take long after receiving your first paycheck to realize that all of your money is not your own. The Canadian government is an active partner in your earnings, and the more money you make, the larger it takes. A better understanding of taxes and how they apply to you can result in […]
Grandma and Grandpa Santa
Is it Christmas again already? Time passes too fast when you achieve grandparent status, and George and Grace are wondering once again what to give their grandchildren. Some years ago they realized they had no idea what toys were suitable, so started giving them cash. It seemed to get frittered away on things that soon […]
