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7 Tips on Getting a Credit Card After Bankruptcy

By Vanessa Santilli Published: March 14, 2013 If you've been through bankruptcy, you're not alone. More than 74,000 Canadians filed for bankruptcy in 2012. Getting back on the horse after a tumble like that takes time, but it's important to re-establish credit if you want to be part ...

Comments Off on 7 Tips on Getting a Credit Card After Bankruptcy   |   Posted in Latest News,Uncategorized May 17, 2013

Employee Profit Sharing Plans

The following is one of the most important aspects of the budget that will have a direct impact on your financial planning and you should take note of. This is based on the 2012 Federal Budget paper written by Jerry S. Rubin, Vice President of ...

Comments Off on Employee Profit Sharing Plans   |   Posted in Financial Planning for Business Owners,Severance Packages,Tax Planning,Uncategorized May 31, 2012

Estate Administration Tax – A New Chapter Begins

By Jordan Caplan, BBA, CA, Partner — Assurance & Advisor Earlier this year, the Ontario government announced major changes to the Estate Administration Tax (also known colloquially as “probate fees”) in its annual budget. These amendments are a direct result of Ontarians implementing numerous planning techniques ...

Comments Off on Estate Administration Tax – A New Chapter Begins   |   Posted in Estate Planning,Financial Planning for Business Owners,Life Insurance,Life Insurance,Uncategorized February 07, 2012

CPP Changes in 2011 and their Impact on your Retirement Planning

. Starting January 2011 the rules that apply to Canada Pension Plan (CPP) have changed. Since the CPP is a component of retirement income for all Canadians it is important that you are aware of the changes and consider them in your retirement ...

Comments Off on CPP Changes in 2011 and their Impact on your Retirement Planning   |   Posted in Financial Planning for Business Owners,Retirement Planning,Tax Planning,Uncategorized June 03, 2011

Useful Website for Entrepreneurs

When it comes to helpful web sites for small business owners and entrepreneurs, most people don’t automatically think of government web sites as a top choice. However, a quick look at the Canada Business web site may help change your ...

Comments Off on Useful Website for Entrepreneurs   |   Posted in Business Succession Planning,Financial Planning for Business Owners,Uncategorized October 31, 2010

Closing the Loophole on Interest on Overpaid Taxes

If you have been looking for short-term liquid savings options for the cash in your corporate account lately you would know that the current interest rates are at historically low levels. The government has been paying interest on outstanding corporate taxpayer balances each quarter at ...

Comments Off on Closing the Loophole on Interest on Overpaid Taxes   |   Posted in Financial Planning for Business Owners,Savings and Investments,Tax Planning,Uncategorized May 16, 2010

The Effect of Harmonized Sales Tax on Mutual Fund Investors

The proposal to harmonize the PST with the GST will effectively increase the management fee on a mutual fund investment by 8% (the PST) effective July 2010. This is not in the best interests of mutual fund investors or the people of Ontario. The main reason ...

Comments Off on The Effect of Harmonized Sales Tax on Mutual Fund Investors   |   Posted in Mutual Funds,Savings and Investments,Tax Planning,Uncategorized October 05, 2009