by Rockmoor Wealth | Blog, Estate Planning, tax
In 2015, CIBC conducted a poll to see how many Canadian business owners had a business transition plan. Almost half of them didn’t have one. No business owner likes to think about handing over their business they’ve built from the ground up. But the fact...
by Rockmoor Wealth | 2021, Blog, Family, Individuals, investment, retirees, RRSP, tax, Tax Free Savings Account
If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can both be effective options for you to achieve your savings goals more quickly. However, each plan does have distinct differences and advantages / disadvantages. We’ve...
by Rockmoor Wealth | Blog, Business Owners, Corporate, Family, Individuals, investment, retirees, RRSP, tax, Tax Free Savings Account
When putting together your financial plan, there is no question about the benefits of consolidation. It’s common to have your finances all over the place. Savings at the bank, investments with several financial institutions, retirement savings at another. The...
by Rockmoor Wealth | 2021, Blog, tax
On April 20, 2021, the B.C. Minister of Finance announced the 2021 budget. We have highlighted the most important things you need to know. Requirement to repay B.C Emergency Benefit for Workers has been waived If you are self-employed and received the B.C. Emergency...
by Rockmoor Wealth | 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 Owners Personal Tax Changes Supplementary Highlights Business Owners Extending...
by Rockmoor Wealth | 2021, Blog, tax
Tax season is upon us once again. But since 2020 was a year like no other, the 2021 tax-filing season will also be different. Both how we worked and where we worked changed for a lot of us in 2020. Some Canadians got to work from home for the first time but saw no...
