http://yfgroup.ca/wp-content/uploads/2019/10/Slide3.jpeg 810 1440 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-09-29 23:12:042019-10-01 06:12:05Succession Planning for Business Owners
Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.
http://yfgroup.ca/wp-content/uploads/2019/09/500x500-6-STEPS-TO-RETIREMENT-SUCCESS-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-08-30 23:15:022019-09-01 06:15:046 Steps to Retirement Success
Retirement planning can be challenging, we’ve outlined what we feel are 6 steps to retirement success. Talk to us about a complimentary comprehensive review of your retirement plan.
http://yfgroup.ca/wp-content/uploads/2019/08/why-conduct-an-insurance-audit-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-07-30 22:12:042019-08-01 05:12:34When and Why You Should Conduct an Insurance Audit
As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation to ensure that you are making the most appropriate and financially favorable decisions. Talk to us we can help.
http://yfgroup.ca/wp-content/uploads/2019/07/differencebetweensegfundsandmutualfunds-coverImage.png 1000 1000 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-06-29 22:12:032019-07-01 05:12:23The Difference between Segregated Funds and Mutual Funds
Segregated Funds or Mutual Funds? What's the difference?
http://yfgroup.ca/wp-content/uploads/2019/06/mortgageLifeInsurance.jpg 405 720 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-06-20 08:06:042019-06-21 15:06:21The Best Way to Buy Mortgage Insurance
Before buying insurance from your bank to cover your mortgage, please consider your options. What does the insurance cover?
http://yfgroup.ca/wp-content/uploads/2019/06/Slide1.jpeg 405 720 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-06-06 10:24:022019-06-07 17:24:15Investing as a Business Owner
Many business owners have built up earnings in their corporation and are looking for tax efficient ways to pull the earnings out to achieve their personal and business financial goals. We outline the factors to consider when investing as a corporation.
http://yfgroup.ca/wp-content/uploads/2019/05/financial-advice-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-05-01 13:15:002019-05-01 09:40:39Financial Advice
An advisor can help you determine where you are today financially and where you want to go. An advisor can provide you guidance on how to reach your short, medium and long term financial goals.
http://yfgroup.ca/wp-content/uploads/2019/04/title-here-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-04-01 09:00:002019-04-01 08:57:30Real Estate or Investments?
One of the age-old financial quandaries asked of financial advisors is “shall I invest in property or funds?”. Predictably, the answer is not at all straightforward and depends on many factors, including your own financial style, personality and circumstances. Let’s take a look at the pros and cons of each choice to help you to be better informed about which could be the most lucrative option for you
http://yfgroup.ca/wp-content/uploads/2019/03/featuredIMage.png 512 1024 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-03-21 06:47:002019-03-21 06:31:412019 Federal Budget
The 2019 budget is titled “Investing in the Middle Class. Here are the highlights from the 2019 Federal Budget.
http://yfgroup.ca/wp-content/uploads/2019/03/2018IncomeTaxYeartaxLines.jpg 405 720 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-03-06 22:51:112019-03-06 15:00:04Tax Lines to Look Out for 2018 Income Tax Year
An outline of the key lines to look out for in the 2018 Income Tax Year.
http://yfgroup.ca/wp-content/uploads/2019/03/500x500-2019-PERSONAL-INCOME-TAX-CALCULATOR-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-03-01 15:00:002019-03-01 07:09:392019 Tax Calculator
Calculate your combined Provincial and Federal Tax in your Province
http://yfgroup.ca/wp-content/uploads/2019/02/500x500-COMPARING-TFSA-AND-RRSP-coverImage.png 500 500 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-02-01 15:00:002019-02-01 07:06:05Comparing TFSA's and RRSP's - 2019
If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can both be effective options for you to achieve your savings goals more quickly. However, each plan does have distinct differences and advantages / disadvantages. Let’s take a look at their key features
http://yfgroup.ca/wp-content/uploads/2019/01/marketing-plan.png 499 814 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2019-01-09 19:30:342019-01-10 20:15:19Active Management Bears Watching
This summer, the US equity market accomplished what few investors would have imagined possible 10 years ago - the honor of being named the longest-running bull market in US history.
http://yfgroup.ca/wp-content/uploads/2019/01/2019.png 512 1024 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2019-01-01 14:46:002019-01-01 06:54:302019 Financial Calendar
Financial Calendar for 2019- All the deadlines you need to know to maximize your benefits!
http://yfgroup.ca/wp-content/uploads/2018/11/2018_Tax_Planning_Tips_Family-page-1.png 792 612 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-11-30 23:19:152018-11-30 15:30:06Tax Planning Tips for End of 2018
Now that we are nearing year end, it’s a good time to review your finances. 2018 saw a number of major changes to tax legislation come in force and more will apply in 2019, therefore you should consider available opportunities and planning strategies prior to year-end.
http://yfgroup.ca/wp-content/uploads/2018/11/financialPlan-Russ-Young.png 792 612 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-11-01 15:01:002018-11-01 07:12:19The Importance of a Financial Plan
The importance of a financial plan. Working with us to create your financial plan helps you identify your long and short term life goals.Talk to us to see how we can help you.
http://yfgroup.ca/wp-content/uploads/2018/10/StrategiesForTaxationOfCorps-Russ-Young-1.png 792 612 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-10-01 15:00:002018-10-01 07:11:35Passive Investment Income Limit
Morneau’s federal budget announced earlier this year informed us how the government will treat passive income in a Canadian Controlled Private Corporation. (CCPC) The government’s main concern was that under the current rules a “tax deferral advantage” exists since tax on active business income is usually lower than the top personal marginal tax rate. Therefore if the corporate funds were invested for a long period of time, shareholders might end up with more after-tax amount than if it was invested personally.
http://yfgroup.ca/wp-content/uploads/2018/09/Getting_the_best_from_a-Financial_advisor.png 600 600 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-09-01 15:00:002018-09-01 07:14:44Getting the best from a financial advisor
Working with a professional to help you to make sense of your finances can be a wise move, but for this relationship to work effectively it is important that you understand what to expect from your financial advisor.
http://yfgroup.ca/wp-content/uploads/2018/08/teenage-students-sitting-examination-with-teacher-P4NE2VS-e1533161892294.jpg 833 1250 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-08-01 15:00:002018-09-18 01:56:57Paying for Education
Post-secondary education can be expensive, however having the opportunity to plan for it helps with making sure that you’re capable to meet the costs of education. In addition, when you have a plan, it’s easer to make financial decisions that align with your goals and provide peace of mind.
http://yfgroup.ca/wp-content/uploads/2018/09/How-to-Make-the-Best-of-Inheritance-Planning-coverImage.png 500 500 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-07-01 01:58:362018-09-18 01:59:41How to Make the Best of Inheritance Planning
Inheriting an unexpected, or even an anticipated, lump sum can fill you with mixed emotions – if your emotional attachment to the individual who has passed away was strong then you are likely to be grieving and the thought of how to handle your new-found wealth can be overwhelming and confusing but also exciting.
http://yfgroup.ca/wp-content/uploads/2018/09/TAX-SERIES_-PRIVATE-CORPORATIONS-coverImage-1.png 500 500 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-06-01 02:41:512018-09-18 02:42:54Tax Strategies for Private Corps
Last summer, Finance Minister Morneau announced a number of tax reforms for Small Business Owners, including the changes to income sprinkling, minimizing the incentives to keep passive investments and reducing the transfer of corporate surpluses to capital gains.
http://yfgroup.ca/wp-content/uploads/2018/07/Alberta_Budget_2018_Featured_Image.png 600 600 YF GROUP http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png YF GROUP2018-04-03 21:29:002018-07-12 13:39:05Alberta Budget 2018
The 2018 budget for Alberta focuses on the diversification of its post-recession economy, with the aim of creating more stability and less vulnerability to future fluctuations in oil prices. Read for some of the highlights
http://yfgroup.ca/wp-content/uploads/2018/09/businessSuccession-Russ-Young.png 792 612 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-04-01 03:04:042018-09-18 03:04:21Easy Exit: Business Succession in a Nutshell
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
http://yfgroup.ca/wp-content/uploads/2018/09/FederalBudget2018-BusinessOwners-1.png 600 600 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-03-04 02:50:462018-09-18 02:55:262018 Federal Budget Highlights for Business
A key objective of the budget is to decrease the small business limit for CCPCs with a set threshold of income generated from passive investments. This will apply to CCPCs with between $50,000 and $150,000 of investment income.
http://yfgroup.ca/wp-content/uploads/2018/09/FederalBudgetFamilies2018.png 600 600 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-03-04 02:45:152018-09-18 02:48:262018 Federal Budget Highlights for Families
Several key changes relating to personal financial arrangements are covered in the Canadian government’s 2018 federal budget, which could affect the finances of you and your family.
http://yfgroup.ca/wp-content/uploads/2018/09/BC_Budget_2018-Russ-Young.png 792 612 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-02-22 02:58:472018-09-18 03:01:46BC Budget Highlights 2018
BC Finance Minister Carole James delivered the province’s 2018 budget update on February 20, 2018. The budget anticipates a surplus of $219 million for the current year, $281 million for 2019 and $284 million in 2020.
http://yfgroup.ca/wp-content/uploads/2018/09/estatePlanningForBusinessOwners-Russ-Young.png 792 612 Russ Young http://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.png Russ Young2018-01-02 03:06:212018-09-18 03:06:54Estate Planning for Business Owners
Writing an estate plan is important if you own personal assets but is all the more crucial if you also own your own business. This is due to the additional business complexities that need to be addressed, including tax issues, business succession and how to handle bigger and more complex estates.
Get in Touch
We are a financial services organization with a commitment to maintaining a premium level of professionalism and value to our clients.