by Rona Birenbaum BAS CFP®, CHFS | Jan 14, 2013 | All About Tax
Being self-employed has many benefits, one of which is that business owners get increased tax planning opportunities. Self-employment is a great tax-shelter because of the many tax deductions available to entrepreneurs. CRA allows deductions for a multitude of...
by Rona Birenbaum BAS CFP®, CHFS | Jan 9, 2013 | All About Tax, For Business Owners
Scientific research and experimental development credits (SR&ED) represent a significant financing and cash flow source for Canadian small businesses. Under this tax incentive program, corporations can get a tax credit of nearly 40% on eligible R&D expenses....
by Rona Birenbaum BAS CFP®, CHFS | Jul 23, 2012 | All About Investing, All About Tax, Retirement
These days many Canadians are accepting career opportunities that take them to the United States for a number of years during which they accumulate assets in a U.S. retirement savings plan. Upon returning to Canada, it is possible to transfer the US retirement plan...
by Rona Birenbaum BAS CFP®, CHFS | Feb 5, 2012 | All About Tax
TurboTax is finding ways to make tax filing easy and affordable. I just discovered a couple of discounts being offered when using their online tax preparation software. For Manulife Financial customers: This tax season, Manulife Financial is again offering customers...
by Rona Birenbaum BAS CFP®, CHFS | Jan 29, 2012 | All About Tax, Retirement
Q: I am turning 60 next year. Should I apply for CPP now or wait until I am 65? A: It sounds like you realize that electing to receive CPP prior to age 65 means that your monthly pension will be less than if you waited until age 65 to apply. There is no simple answer...
