When it comes to saving money, there are many ways to invest it, like choosing between riding a bike or taking the bus. Some people pick stocks or funds that will do better than others, like betting on which horse will win a race. But does this really work better than...
The financial world can be complex, especially when planning for your future. With so many different professionals offering their services, it can be challenging to understand who does what and which one is right for you. Two of these professionals are financial...
The question of whether it’s worth paying for a financial planner is one that many individuals grapple with. This is especially true when considering the abundance of free financial advice and tools available online. However, the best financial planning services...
The Tax on Split Income (TOSI) is a set of tax rules designed to prevent income splitting between family members to reduce overall tax liability. The aim is to ensure that high-income individuals cannot allocate their income to family members subject to lower tax...
This study discusses the decision faced by corporation (CCPC) owners on whether to pay themselves through salary or dividends. The tax code aims for a similar tax rate regardless of your choice via something called “integration.” A common strategy suggests...
