Canadians often neglect their highest expense…taxes.
Most Canadians focus on paying off their mortgage quickly. With today’s interest rates being so low, paying off your mortgage quickly may not be the best strategy.
While you hopefully have a great accountant who will show you deductions, we can help you look at tax planning for your future. There are numerous tax reducing strategies that could work for you like practicing tax efficient investing or income splitting with your spouse, and using life insurance to pay for your estate taxes. We will help educate you to fully understand the current tax laws and any changes in legislation that may help or affect you meeting your financial goals.