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Critical Illness vs. Disability Insurance: Why Professionals Need Both

Financial security depends not only on growing your practice but also on protecting the income that sustains your lifestyle. That’s where insurance plays a critical role. Two policies often come up in conversations around financial protection: Critical Illness Insurance and Disability Insurance. While they may seem similar at first glance, they are designed for very different purposes. Understanding how they complement each other is essential for anyone looking to create a strong, tax-efficient protection plan. Learn More

Oct 20, 2025

SRED Credits

Scientific Research and Experimental Development (SRED) credits, administered by Canada Revenue Agency (CRA), allow companies to claim tax credits and refunds for eligible expenditures related to Research and Development (R&D) efforts. SRED credits are an important part of Canada’s innovation strategy, designed to encourage businesses to take part in R&D activities. Learn More

Aug 08, 2025

Canadians Holding U.S. Entities/Property/Income

As a Canadian resident, you are required to report and pay tax on your worldwide income, including U.S. sourced income. This income may be subject to U.S. Withholding Tax for non-U.S. residents, generally at a rate of 15% for Canadians. To avoid double taxation, Canada’s tax laws generally allow you to claim a Foreign Tax Credit (FTCs) for U.S. taxes. Learn More

Aug 06, 2025

Maximizing Tax Savings with QSBC Shares and the Lifetime Capital Gains Exemption (LCGE) in Canada

For Canadian entrepreneurs, the ability to sell a business tax-efficiently is a crucial part of long-term financial planning. One of the most powerful tax-saving tools available is the Lifetime Capital Gains Exemption (LCGE), which allows individuals to shelter a significant portion of their capital gains from taxation when selling shares of a Qualified Small Business Corporation (QSBC). Learn More

Jul 21, 2025