by Dave Acheson | Mar 1, 2023 | Blog, Business Owners, corporate, Family, financial advice, Financial Planning, incorporated professionals, Individuals, personal finances, Retirement, Tax
On February 28, 2023, the B.C. Minister of Finance announced the province’s 2023 budget. This article highlights the most important things you need to know about this budget.No Changes To Corporate or Personal Tax RatesThere are no changes to the province’s personal...
by Dave Acheson | Aug 1, 2022 | Blog, Tax
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...
by Dave Acheson | Jul 5, 2022 | Blog, Business Owners, corporate, Tax
Five Ways To Withdraw Money From Your Business In A Tax-Efficient MannerYou have worked long and hard to build up your business, and now you are ready to withdraw money from your business’ bank account. But you don’t want to get hit with a huge tax bill....
by Dave Acheson | Apr 1, 2022 | Blog, Tax
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...
by Dave Acheson | Jul 2, 2021 | Blog, Estate Planning, Tax
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...
by Dave Acheson | Apr 26, 2021 | 2021, Blog, Tax
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...