by Investing with Purpose | Apr 14, 2022 | 2022, Blog, incorporated professionals, Individuals, Tax
Manitoba 2022 Budget HighlightsOn April 12, 2022, Manitoba’s Minister of Finance delivered the province’s 2022 budget. These are the highlights of it.No Changes To Corporate or Personal Tax RatesBudget 2022 did not introduce any changes to Manitoba’s...
by Investing with Purpose | Nov 1, 2021 | Blog, Estate Planning, incorporated professionals, Retirees
Financial advice for incorporated professionals is often two-sided- advice for the practice and personal financial advice. A few things to keep in mind for professionals are:Professionals are typically in the highest income tax bracket, therefore incorporating...
by Investing with Purpose | Apr 22, 2021 | 2021, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, Corporate, Debt, Family, financial advice, financial planning, incorporated professionals, Individuals, personal finances, Professional Corporations, Tax
On April 19, 2021, the Federal Government released their 2021 budget. We have broken down the highlights of the financial measures in this budget into three different sections:Business OwnersPersonal Tax ChangesSupplementary HighlightsBusiness OwnersExtending Covid...
by Investing with Purpose | Dec 11, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, Corporate, Estate Planning, financial advice, financial planning, incorporated professionals, Investment, Professional Corporations
It’s a great time to review your business finances now that we are nearing year-end. Your business may be affected by recent tax changes or new measures to help with financial losses due to COVID-19. Figuring out the tax ramifications of these new measures can...
by Investing with Purpose | Apr 1, 2020 | Blog, Corporate, Health Benefits, incorporated professionals, Life Insurance, Long Term Care, Pension Plan, RRSP, Tax Free Savings Account
For incorporated professionals, preparing for retirement can go beyond finances, one of the biggest challenges is concern for the future of their clients or patients. Planning for retirement can take several advisors including a financial advisor, tax specialist and...