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/2018/11/2018_Tax_Planning_Tips_Family-page-1.png792612YF GROUPhttp://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.pngYF GROUP2018-11-30 23:19:152018-11-30 15:30:06Tax Planning Tips for End of 2018
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/2018/11/financialPlan-Russ-Young.png792612YF GROUPhttp://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.pngYF GROUP2018-11-01 15:01:002018-11-01 07:12:19The Importance of a Financial Plan
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/2018/10/StrategiesForTaxationOfCorps-Russ-Young-1.png792612YF GROUPhttp://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.pngYF GROUP2018-10-01 15:00:002018-10-01 07:11:35Passive Investment Income Limit
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/2018/09/Getting_the_best_from_a-Financial_advisor.png600600YF GROUPhttp://yfgroup.ca/wp-content/uploads/2018/07/newLogoblack.pngYF GROUP2018-09-01 15:00:002018-09-01 07:14:44Getting the best from a financial advisor
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