by Legacy Wealth | Jun 16, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, individuals
CERB Extended 2 more monthsGreat news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. As the country begins to restart the economy, the Federal government will be making changes to the program to...
by Legacy Wealth | May 23, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
Lower rent by 75% for small businesses that have been affected by COVID-19The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th. The description from the CMHC website: “Canada Emergency Commercial Rent...
by Legacy Wealth | Feb 29, 2020 | Blog, Business Owners, corporate, health benefits, life insurance, long term care, pension plan, rrsp, Tax Free Savings Account
As a business owner, one of your challenges is learning how to balance between reinvesting into the business and setting money aside for personal savings. Since there are no longer employer-sponsored pension plans and the knowledge that retirement will come...
by Legacy Wealth | Jan 1, 2020 | Blog, Business Owners, corporate, individuals, Investment, rrsp, tax, Tax Free Savings Account
2020 Financial Calendar Financial Calendar for 2020 – All the dates you need to know to maximize your benefits!
by Legacy Wealth | May 1, 2019 | Blog, Business Owners, corporate, life insurance
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way.There are 5 standard methods:SalaryDividendShareholder LoansTransfer Personal AssetsIncome SplittingThere are also unique ways utilizing...
by Legacy Wealth | Apr 1, 2019 | Blog, Business Owners, corporate
Financial Planning for business owners is often two-sided: personal financial planning and planning for the business.Business owners have access to a lot of financial tools that employees don’t have access to; this is a great advantage, however it can be...
Recent Comments