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...

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...

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 wi...

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...

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...

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...

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...

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...

There is a secret savings account out there Canadians, that few people will ever tell you about its called a Health Spending Account.I want to take a brief moment to explain what it is, and  you...