by Legacy Wealth | 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 Legacy Wealth | Dec 7, 2020 | Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, corporate, disability, Financial Planning, rdsp, tax
On November 30, Finance Minister Chrystia Freeland provided the government’s fall economic update. The fall economic update provided information on the government’s strategy both for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We’ve...
by Legacy Wealth | Aug 31, 2020 | Blog, Business Owners, corporate, Investment, rrsp, Tax Free Savings Account
Investing as a Business OwnerMany business owners have built up earnings in their corporation and are looking for tax efficient ways to pull the earnings out to achieve their personal and business financial goals such as: building and protecting your savingsproviding...
by Legacy Wealth | Jul 16, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program. The major changes he announced were:”First, we’re proposing to extend...
by Legacy Wealth | Jul 12, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December. The Prime Minster stated:”You’ve seen me come out to talk with Canadians about what we’re doing to help you and your...
by Legacy Wealth | Jul 2, 2020 | Blog, Business Owners, buy sell, corporate, Disability Insurance, Group Benefits, health benefits, Insurance, life insurance, travel insurance
For business owners, making sure your business is financially protected can be overwhelming. Business owners face a unique set of challenges when it comes to managing risk. Insurance can play an important role when it comes to reducing the financial impact on your...
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