by Financial Tech Tools | Aug 4, 2020 | Blog, Business Owners, corporate, life insurance
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way.There are 5 standard methods:SalaryDividendShareholder LoansTransfer Personal AssetsIncome SplittingThere are also unique ways utilizing...
by Financial Tech Tools | Jul 17, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program. The major changes he announced were:”First, we’re proposing to extend...
by Financial Tech Tools | Jul 13, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December. The Prime Minster stated:”You’ve seen me come out to talk with Canadians about what we’re doing to help you and your...
by Financial Tech Tools | Jul 3, 2020 | Blog, Business Owners, estate planning
10 Essential Decisions for Business OwnersBusiness owners can be busy… they are busy running a successful business, wearing lots of hats and making a ton of decisions. We’ve put together a list of 10 essential decisions for every business owner to consider; from...
by Financial Tech Tools | Jun 17, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, individuals
CERB Extended 2 more monthsGreat news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. As the country begins to restart the economy, the Federal government will be making changes to the program to...
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