Don’t lose all your hard-earned money to taxes

Don’t lose all your hard-earned money to taxes

Don’t lose all your hard-earned money to taxesTax planning is an essential part of managing your money – both while living and after your death. You want to maximize the amount of money to your beneficiaries, not the government. We have three tips to help you reduce...
2021 Income Tax Year Tips

2021 Income Tax Year Tips

Tax Tips You Need To Know Before Filing Your 2021 TaxesThis year’s tax deadline is April 30, 2022. We’ve got a list of tips to help you save on your taxes!Claiming home office expensesYou can claim up to $500 under the “flat rate” method if you worked at home due to...
Estate Freeze

Estate Freeze

In 2015, CIBC conducted a poll to see how many Canadian business owners had a business transition plan. Almost half of them didn’t have one.No business owner likes to think about handing over their business they’ve built from the ground up. But the fact of...
British Columbia 2021 Budget Highlights

British Columbia 2021 Budget Highlights

On April 20, 2021, the B.C. Minister of Finance announced the 2021 budget. We have highlighted the most important things you need to know. Requirement to repay B.C Emergency Benefit for Workers has been waived If you are self-employed and received the B.C. Emergency...
Federal Budget 2021 Highlights

Federal Budget 2021 Highlights

On April 19, 2021, the Federal Government released their 2021 budget. We have broken down the highlights of the financial measures in this budget into three different sections:Business OwnersPersonal Tax ChangesSupplementary HighlightsBusiness OwnersExtending Covid...