by Bold Barrel Financial | Dec 14, 2024 | Blog, business owners, DRAFT, Family, farmers, financial advice, financial planning, insurance, Professionals, retirees, tax
Why do individuals give to charity: ● Leave a legacy ● Essential to organizations ● Meaningful tax relief for contributors There are many ways to give and lots of potential tax savings: 1. Simple Cash Gifts – Charitable tax credit 2. Gifts in Kind –...
by Bold Barrel Financial | Dec 5, 2024 | 2024, Blog, business owners, financial planning, tax
As a business owner, managing your finances well can make a big difference for your business’s future. Whether it’s choosing how to compensate yourself or making the most of opportunities like the small business deduction and lifetime capital gains exemption,...
by Bold Barrel Financial | Dec 3, 2024 | 2024, Blog, financial planning, individuals, tax
The end of 2024 is quickly approaching – which means it’s time to get your paperwork in order so you’re ready when it comes time to file your taxes!In this article, we’ve covered five different major types of 2024 personal tax tips:Investment...
by Bold Barrel Financial | Nov 1, 2024 | Blog, disability, disability insurance, investment, RDSP
A Registered Disability Savings Plan (RDSP) is a means of supporting those who are disabled and in receipt of Disability Tax Credit to save for the future. Here are some important things to know about these savings plans:The person who is registered as...
by Bold Barrel Financial | Sep 30, 2024 | Blog, business owners, 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...
by Bold Barrel Financial | Aug 31, 2024 | Blog, Debt, Family, life insurance
Post-secondary education can be expensive, however having the opportunity to plan for it helps with making sure that you’re capable to meet the costs of education. In addition, when you have a plan, it’s easier to make financial decisions that align with your goals...
