3 RRSP Meltdown Hacks That Save Tons Of Tax!
Most Canadians spend decades building up their RRSPs but give almost no thought to how they will take that money out. That’s where the problems start. Without a proper drawdown plan, retirees get hit with unexpected tax bills, Old Age Security (OAS) clawbacks, and ballooning RRIF withdrawals. The worst part is that much of this […]
Where Should I Invest?
[vc_row][vc_column][vc_video link=”https://youtu.be/sv3I9T39enc” css=”.vc_custom_1653491806784{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1653493472178{padding-top: 20px !important;padding-bottom: 20px !important;}”]Today I will be discussing an option that business owners have when they have some cash inside the corporation that they do not need to fund their business. The question is “I have some money. Where should I invest? Inside my corporation, or should […]
Tax Season: Part 2
[vc_row][vc_column][vc_video link=”https://youtu.be/bbMEJFP5NQg” css=”.vc_custom_1641915791229{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text] Tax Preparation In Tax Season – Part 2, I dive deeper into what exactly tax preparation is and what you should look for. Whether you’re a do-it-yourself tax filer or hiring someone to do it for you, it can help you understand what questions you should ask and […]
How to Tackle Inflation
[vc_row][vc_column][vc_column_text] I just paid $100 for a chocolate bar! Some of you may remember when inflation hit double digits in the ’80s. Back then, paying 15% on your mortgage was reasonable, and Canada savings bonds were doubling your money every five years. When the cost of goods goes up, it has many effects. Only time […]