Understanding RRSPs

Understanding RRSPs

“Don’t miss the deadline!” “Contribute today!” “Save on tax!” These are common phrases we see all around us as the RRSP (registered retirement savings plan) deadline approaches. The financial industry has led Canadians to this view of if you don’t want to pay taxes,...
The Gift that Keeps Giving

The Gift that Keeps Giving

The holiday season is upon us. Do you have your Christmas gift list ready? Personally, it seems like everyone on my list is getting increasingly more difficult to shop for. I am not blameless here myself, as I too am picky and tend to just shop for items I need as...
Tax Tips For Entrepreneurs – Part 1

Tax Tips For Entrepreneurs – Part 1

Do you have a side hustle? Picked up some freelance work? Fully ditched your day job for self-employment work? If so, here are some items you should consider with regards to income taxes.This blog post is the first of a two-part series on tax tips for entrepreneurs....
5 Tips For Personal Tax Season

5 Tips For Personal Tax Season

April 30th is quickly approaching – are you ready to file your taxes?For some, this time of year is overwhelming. The below are some tips to help ease the process and ensure you maximize your return. Tip #1 – FILE your tax returnEven if you think you do not owe...
Time vs. Money – Which is on your side?

Time vs. Money – Which is on your side?

A big misconception about investing is that it takes a lot of money to make a lot of money. What it takes is some money and a lot of time. Time is a crucial component to investing.The time value of money is the idea that money available at the present time is worth...