by EK Financial | 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 EK Financial | 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 EK Financial | Dec 2, 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 EK Financial | Apr 17, 2024 | Blog, Business Owners, Estate Planning, Family, Financial Planning, incorporated professionals, Individuals, investment, Mortgage, personal finances, Professional Corporations, Professionals, retirees, Retirement, tax
On April 16, 2024, Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, presented the federal budget. While there are no changes to federal personal or corporate tax rates, the budget introduces: An increase in the portion of capital gains...
by EK Financial | Mar 31, 2024 | 2024, Blog, corporate, Family, financial advice, Financial Planning, tax
This year’s tax deadline is April 30, 2024. It’s important to make sure you’re claiming all the credits and deductions you’re eligible for. We’ve separated this article into 2 sections: What’s new for 2023Individuals and FamiliesWhat’s New for 2023Advanced Canada...
by EK Financial | Dec 31, 2023 | 2024, Blog, Business Owners, financial advice, Financial Planning, Individuals, personal finances, Professional Corporations, Professionals, retirees, tax
2024 Financial CalendarWelcome to our 2024 financial calendar! This calendar is designed to help you keep track of important financial dates and deadlines, such as tax filing and government benefit distribution. You can bookmark this page for easy reference or add...
