by Numo Financial | Apr 2, 2024 | 2024, Blog, corporate, Family, financial advice, financial planning, tax
This year’s tax deadline is April 30, 2024. It’s important to make sure you’re claiming all the credits and deductions you’re eligible for. We’ve separated this article into 2 sections: What’s new for 2023Individuals and FamiliesWhat’s New for 2023Advanced Canada...
by Numo Financial | Sep 30, 2023 | Blog, business owners, corporate, incorporated professionals, insurance, life insurance, tax
An Immediate Financing Arrangement (commonly known as an IFA) is a financial planning vehicle which combines life insurance coverage with tax advantaged wealth accumulation.Who could benefit from an Immediate Financing Arrangement?An IFA is a financial strategy which...
by Numo Financial | Sep 30, 2023 | 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 Numo Financial | Mar 13, 2023 | Blog, business owners, corporate, Family, financial advice, financial planning, incorporated professionals, individuals, personal finances, Retirement, tax
On February 28, 2023, the B.C. Minister of Finance announced the province’s 2023 budget. This article highlights the most important things you need to know about this budget.No Changes To Corporate or Personal Tax RatesThere are no changes to the province’s personal...
