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CRA reverses course, exempts bare trusts from new regulations

CRA reverses course, exempts bare trusts from new regulations

Jamie Golombek: Bare trusts will be exempt from trust reporting requirements for 2023 https://financialpost.com/personal-finance/taxes/cra-reverses-course-exempts-bare-trusts-new-regulations #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA reverses course, exempts bare trusts from new regulations Read More »

Foreign divorce can undermine bid for spousal support

Foreign divorce can undermine bid for spousal support

Adam Black: The question of which country’s laws govern the split can have significant consequences https://financialpost.com/personal-finance/family-finance/foreign-divorce-undermine-spousal-support #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Foreign divorce can undermine bid for spousal support Read More »

Income averaging is an old idea that deserves another shot

Income averaging is an old idea that deserves another shot

Kim Moody: Re-think criticisms of income averaging to restore fairness and equity https://financialpost.com/personal-finance/taxes/income-averaging-old-idea-deserves-another-shot #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Income averaging is an old idea that deserves another shot Read More »

What Is a Budget Surplus?

What Is a Budget Surplus?

A budget surplus is when a government, business or individual brings in more money than is spent in a given period. It’s the opposite of a budget deficit, which is when an entity spends more than it collects. Often, when people talk about budget surpluses and deficits, they’re referring to the national deficit or surplus.

What Is a Budget Surplus? Read More »

Looking for a safer retirement income stream? Consider annuities

Looking for a safer retirement income stream? Consider annuities

Recent rise in interest rates has made it worthwhile to give annuities a second glance https://financialpost.com/investing/looking-safer-retirement-income-stream-consider-annuities #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Looking for a safer retirement income stream? Consider annuities Read More »

5 tax changes to watch out for in the upcoming federal budget

5 tax changes to watch out for in the upcoming federal budget

Jamie Golombek: Possibilities include changes to the capital gains inclusion rate, retirement taxes and top tax bracket https://financialpost.com/personal-finance/taxes/5-tax-changes-watch-upcoming-federal-budget #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

5 tax changes to watch out for in the upcoming federal budget Read More »

3 things to consider when trying to help adult children out financially

3 things to consider when trying to help adult children out financially

Ted Rechtshaffen: The risk is always whether you can afford to make a gift in the first place https://financialpost.com/personal-finance/3-things-consider-financially-help-adult-children #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

3 things to consider when trying to help adult children out financially Read More »

The CRA already has your info, so make automatic tax filing a reality already

The CRA already has your info, so make automatic tax filing a reality already

Kim Moody: To get access to significant cash handouts via credits, people must timely file their tax returns https://financialpost.com/personal-finance/taxes/cra-already-has-your-info-make-automatic-tax-filing-reality #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

The CRA already has your info, so make automatic tax filing a reality already Read More »

FP Answers: Can beneficiaries override a parent’s wishes in a will?

FP Answers: Can beneficiaries override a parent’s wishes in a will?

Beneficiaries can choose to disagree with any harsh conditions — and can do almost anything if they all agree https://financialpost.com/personal-finance/can-beneficiaries-override-parent-wishes-will #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

FP Answers: Can beneficiaries override a parent’s wishes in a will? Read More »

New trust reporting rules are daunting and expensive if you fail to file on time

New trust reporting rules are daunting and expensive if you fail to file on time

Kim Moody: Rules invasive and complex, especially as they relate to requirement to file for bare trusts https://financialpost.com/personal-finance/taxes/new-trust-reporting-rules-daunting-expensive-fail-file-on-time #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

New trust reporting rules are daunting and expensive if you fail to file on time Read More »

5 tips to help keep the CRA off your back this tax-filing season

5 tips to help keep the CRA off your back this tax-filing season

Jamie Golombek: These tax tips should help reduce the anxiety that can come with filing returns https://financialpost.com/personal-finance/taxes/tips-keep-cra-off-back-tax-filing-season #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

5 tips to help keep the CRA off your back this tax-filing season Read More »

Married couple need roadmap to ensure their comfortable lifestyle continues in retirement

Married couple need roadmap to ensure their comfortable lifestyle continues in retirement

Couple winding down successful business need $250,000 a year before tax to maintain lifestyle https://financialpost.com/personal-finance/family-finance/married-couple-need-roadmap-ensure-comfortable-retirement #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Married couple need roadmap to ensure their comfortable lifestyle continues in retirement Read More »

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