Tax Saving Strategies for Sole Proprietors
Sole proprietorships are the most basic form of business organization. They are actually an extension of the person and are taxed as such. Due to its simplicity, many business start-ups begin as this form of organization. As your business grows, there are numerous taxation benefits to setting it up as a corporation. Speaking to a […]
A Hot Start to the Summer
We’ve found ourselves raving about the beautiful, hot weather that we’ve been getting here in Southern Alberta only to catch ourselves and remember how much damage this heat can do. While we have really enjoyed all of the sunshine here in the Calgary area, we know that clients in other parts of the province have […]
Divorce and Your Finances
Canadian government statistics continually show that roughly half of all marriages end in divorce. If a couple is contemplating moving forward with a divorce, it is important to carefully consider how this event will affect their overall financial situation. Understanding how a divorce changes financial and estate plans can help reduce legal costs and […]
Are you a Retirement Savings Late Starter?
Harry and Sally both earned high incomes and liked to live the good life. They leased higher end European cars, took two-week exotic vacations almost every year, and lived in a house much larger than they truly needed. To accomplish this lifestyle, they put off retirement savings. Now in their forties, Harry and Sally are […]