Simon Wong
Taxes can feel overwhelming, but breaking them into simple concepts makes them easier to manage. Capital gains taxes, which apply when you profit from selling investments, are particularly important to … Read more
Shared ownership critical illness insurance is not just a safety net—it’s a strategic tool that offers financial security and significant tax advantages. By splitting the cost and benefits of a … Read more
Universal Life (UL) insurance has been trending on social media, often presented as a hidden secret to wealth accumulation. Some insurance agents, particularly those involved in multilevel marketing, may tout … Read more
Corporate life insurance is a powerful tool—when used correctly. However, a poorly planned policy can leave you, the business owner, facing a tax nightmare. Here’s a look at what can … Read more
I often meet retirees who aren’t fully aware of a valuable tax-saving strategy called pension income splitting. Introduced in 2007, this tool allows retirees to significantly lower their tax bill … Read more
Being a U.S. citizen living in Canada brings exciting opportunities but also some unique financial challenges, especially when it comes to managing your taxes and investments. The good news is, … Read more
As a business owner, you likely focus on running your company and protecting your family’s financial future. But there’s a hidden tax issue that could catch you off guard: the … Read more
Navigating the financial implications of common-law partnerships in Canada can be challenging. While the legal rules may seem straightforward, the financial consequences are often overlooked. As a Certified Financial Planner … Read more
Introduced in 2015, the Graduated Rate Estate (GRE) has become a crucial tool for effective estate planning. What makes it special? Unlike most trusts, which are taxed at the highest … Read more