A donation given to a registered charity in Canada can be claimed as a charitable donation on your tax return. The Donation Tax Credit available after the first $200 of annual donations is effectively the top marginal tax rate in a given Province or Territory.
How much should I invest in an annuity? The amount of money that you invest in it will depend largely on your capability to pay the premiums offered by the insurance company. Things to...
There is a lot of talk about Donald Trump after the New York Times released his tax returns. Because of a big loss in 1995 he won’t need to pay taxes for the next...
Life insurance for retirees – are you approaching retirement age and deciding whether or not to buy life insurance? With the new year coming up so quickly, I have noticed that many people are...
Canada’s finance ministers came to an agreement to make changes to the CPP. They came up with an expansion to the Canada Pension Plan to help future Canadians save for retirement. These changes happened...
If you (or loved one) do not have your elder estate planning in order and you die without a Will, this situation is called being “intestate.” The State and probate court will then become...
There are a number of ways to reduce the amount of taxes you owe, and keep more money in your pocket at tax time. The Canada Revenue Agency (CRA) can help you learn more...
Press Release Local Independent Insurance Broker & Personal Financial Specialist advises careful attention to investment, retirement and estate planning during tax season Orleans, Ontario March 19th, 2013 – Your tax return is more than a tally...
