What is a Tax Credit?

Geoff Cook - CFP, CHAIP

What is a Tax Credit?A tax credit is an amount of money that will be returned to you based on the selected credit.A tax deduction reduces taxes payable. A tax credit is money in your pocket.For exampl...

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What is a Tax Deduction?

Geoff Cook - CFP, CHAIP

When financial planning - taxes become a very important piece of the puzzle in many different times in our lives. It is often best to start with the basics before we can go in to strategizing. This wa...

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How to Save the Family Cottage

Geoff Cook - CFP, CHAIP

We have all heard the old saying, “Two things are guaranteed in life: 1. Death 2. Taxes.”We are at an interesting time right now where prices of assets over the last 50+ years have seen a tremendo...

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Taxes 101 - What is a Tax Credit?

Geoff Cook - CFP, CHAIP

Last time we talked about tax deductions. The next important piece to understand is tax credits. There is a couple more moving parts to a tax credit, but it is still simple to understand.What is a Tax...

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Taxes 101 - What is a Tax Deduction?

Geoff Cook - CFP, CHAIP

When financial planning - taxes become a very important piece of the puzzle in many different times in our lives. It is often best to start with the basics before we can go in to strategizing. This wa...

Continue reading

Useful Calculators

Geoff Cook - CFP, CHAIP

Check out these great useful calculators that will help you understand and get organized with your financial affairs. Send us a message if you would like help using or understanding one. Financia...

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RRSP 101 - Deductions

Geoff Cook - CFP, CHAIP

Alot of people arent totally aware of how the RRSP tax refund works, so I am going to do my best to explain it to you. I think it is important that people understand the pros and cons of RRSP`s and wh...

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Dont Forget These Two Simple Steps When Estate Planning

The pure purpose of Estate Planning is to make an efficient transfer of wealth. Efficiency of Estate Planning is measured in two parts:1) Tax: It is important to plan your estate in a way that will transfer wealth in a tax-efficient manner—set...

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How to Save the Family Cottage

We have all heard the old saying, “Two things are guaranteed in life: 1. Death 2. Taxes.”We are at an interesting time right now where prices of assets over the last 50+ years have seen a tremendous growth spurt. I always find it interesting talk...

Read more
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