Investments & Tax Services
Every year we file your Individual Income Tax Returns. We help Clients use every conceivable deduction available in the Tax Act in Canada, to benefit you. There are substantial returns from the CRA. Income tax Act desires declaration of all sources of your income.
Simultaneously, CRA offers you a complete array of deductions & credits namely, rent paid/property tax paid, family medical bills, transit passes, locker fees, bank service charges, fees paid for a retirement plan, child care expenses, child health activities, child education, RRSP & Pension contribution deductions, Education tuition & Exam fees paid, Union & professional fees. For self employed individuals, there are numerous other deductions to support their business expenses.
Most Tax Filers do not use the all expense deductions to gradually step down the tax payable on their clients Income Tax Returns. We file your Tax Returns to maximize all available deductions, as a sequel, maximize your refund of income tax. You never get a second chance. You deserve the refund and owe it to yourself, don't you?
Are you ahead of the curve?
The ability to grow returns, is generally forgotten! Your savings enable you not only to reduce the Income Tax you have already paid on your income, but savings are the only source of income you would have at retirement. Since money put into investments earns returns based on the length of time it is invested and more importantly, in the choice of the investment. Most people never try to understand how growing their investment savings is important. They say they don't have the money to invest. To support this reasoning...............
They cite reasons as inadequate cash flow. The fact that all of us continue to exist and pay our bills, means that this constricted cash flow has more to do with incorrectly managed debt payments, than restricted monthly cash in the family income.
Your do have a chance to grow substantially richer. You have a choice, allow your investments to grow or clutch them close to your chest, thus losing it's steam! Money is simply a medium of exchange, which has power to purchase at today's prices. Would you like that purchasing power to be available in the future as well? Money is an enigma, you may use it or lose it. It is like an electric eel which if held firmly can give you a flow of cash, if not, it would slip out and give you a rude electric shock. Application of money is vital for money's existence. Compounded growth is even more of a money multiplier. It's like a small snow ball rolling down a hill, wet with snow. It grows with time.
Beware, if you don't use the intrinsic value of your own money savings, then smarter financial institutions simply pluck it out of your account, by assuring you that they have better use for it than you do! They give you the seeds and eat the juicy pulp. Of course, investors need to realize that money has value only if it is used to grow. By clutching money close to ones chest you don't allow it to earn more for you. If you love money so much, then it is simply stacks of paper in your hands! That is a guaranteed pile of physical money which loses purchasing power each day, due to steady erosion from the increasing cost of living Index.
Take a look at what you are currently doing with your own earned money. Are you ahead of the curve? Do you think you could be worth more? Well Yes & No. If you spend even half the time in using your own money efficiently, then simply clutching it firmly, you would recall what Scotia Bank says" You are richer than you think!" The truth is : you are! But step back, what are you waiting for...take a look at your investment gains, you don't have much time left, till retirement. Retool your strategy and move ahead of the curve!