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Is Your Advisor a Little Too Close for Comfort?

By Nancy Graham · June 22, 2017 - 0 comments

In my last post, You, Your Retirement, and Your Best Friend, I introduced a conflict you can bring to your own best interests if you hire a friend or family member as your financial advisor. It just doesn’t seem worth exposing either of you (or your entire family) to the problems that can arise when the dual roles clash.

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Turning a Car Accident into a Better Credit Score

By Susan Daley · June 21, 2017 - 0 comments

Talk about a silver lining. In March 2016, my poor Ford Focus was totaled on HWY 401. What was a somewhat traumatic experience turned out to be a good thing financially. Although I could easily purchase a new (to me) car in cash with my insurance cheque, instead I took out car loan for my new vehicle. To find out how this action helped improve my credit score, watch my latest video.

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Corporate Taxation: Tax Integration of Active Business Income

By Justin Bender · June 19, 2017 - 0 comments

In my last blog post, I introduced the wild world of corporate taxes, illustrating how an Ontario business owner could end up paying only 15% in combined federal and provincial corporate taxes. If this amount seems low to you, fear not. The government has a way of making sure everyone pays their relative due by having corporate shareholders perform personal and corporate tax integration.

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