by Financial Tech Tools | Dec 5, 2024 | 2024, Blog, Business Owners, Financial Planning, tax
As a business owner, managing your finances well can make a big difference for your business’s future. Whether it’s choosing how to compensate yourself or making the most of opportunities like the small business deduction and lifetime capital gains exemption,...
by Financial Tech Tools | Dec 3, 2024 | 2024, Blog, Financial Planning, Individuals, tax
The end of 2024 is quickly approaching – which means it’s time to get your paperwork in order so you’re ready when it comes time to file your taxes!In this article, we’ve covered five different major types of 2024 personal tax tips:Investment...
by Financial Tech Tools | Dec 2, 2024 | Blog, Debt, disability, disability insurance, Family, financial advice, Financial Planning, Individuals, insurance, RDSP
Taking charge of your family’s financial well-being through effective budgeting is a crucial step in securing a brighter future. We’ll explore the significance of budgeting and provide practical tips to help you manage your money wisely while ensuring the...
by Financial Tech Tools | Nov 5, 2024 | Blog, Estate Planning, financial advice, tax
A common belief among Canadians is that they will be taxed on money they inherit. However, Canada does not impose an inheritance tax. Instead, after someone passes away, their final tax return must be filed, covering the income they earned up to the date of death. Any...
by Financial Tech Tools | Oct 1, 2024 | Blog, life insurance
When should I buy life insurance?No matter what stage of life you are in, Life insurance can benefit you. It will give you peace of mind knowing your loved ones will receive the financial support they need after you die. It is never too soon or too late to buy life...