Budget 2015 proposed a phased-in two-percent small business tax rate reduction, and to ensure similar rate of total tax paid by those who earn income through a corporation versus those who do not, the dividend gross-up factor and Dividend Tax Credit (DTC) will be adjusted as follows: 2015 2016 2017 2018 2019 Small Business Tax [...]
Category Archives: Business
By Floyd Murphy, CFP, CLU, CHFC, The Nakamun Group, Vancouver When somebody dies, family and friends want to do something to help the closest loved one(s), and with the best of intentions can inadvertently cause estate chaos. An action-oriented relative might take on notifying the deceased’s banks, others might contact credit card companies, insurance holders, [...]
By Garry Keiller, The Nakamun Group, Edmonton Hoping for an early refund, many people file their income tax return in March, and then have to file an amendment when more information arrives in the mail in April.
By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg A new scam has surfaced in Canada. Anyone who owns, plans to purchase, or even has no interest whatsoever in life insurance can be targeted. Be suspicious of anyone offering to pay your premiums for life insurance or give you money in connection with [...]