It’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that:
1. Learn how to make the most of the lifetime capital gains exemption.
2. Figure out ways to decrease your end-of-life tax bill.
3. Look into Immediate Financing Arrangements.
https://horizonfinancial.ca/wp-content/uploads/2022/09/Dont-lose-all-your-hard-earned-money-to-taxes.png300500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-09-01 06:00:002022-09-01 06:44:36Don’t lose all your hard-earned money to taxes
You have worked long and hard to build up your business, and now you are ready to withdraw money from your business’ bank account. But you don’t want to get hit with a huge tax bill. So here are 5 ways to withdraw money from your business in a tax-efficient manner.
https://horizonfinancial.ca/wp-content/uploads/2022/08/5-ways-to-withdraw-money-from-your-business.png300500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-08-01 06:00:002022-08-01 06:54:21Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner
A certified financial planner is trained to focus on all aspects of your finances – everything from your taxes to retirement savings.
The six steps to financial planning are:
• Meeting your financial planner
• Determining your goals and expectation
• Reviewing your current financial state
• Developing a financial plan
• Implementing a financial plan
• Monitoring the plan
A certified financial planner will develop a plan that works for you both today and in the future.
https://horizonfinancial.ca/wp-content/uploads/2022/07/The-six-steps-to-financial-planning.jpg281500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-07-06 06:00:002022-07-06 13:09:42The Six Steps to Financial Planning
You may have had life insurance for as long as you can remember. You knew it was important to make sure that your family would be taken care of and be able to pay their bills if anything happened to you.
But now that you’re over 60, your children are grown, and your mortgage is paid off, you may feel you don’t need life insurance anymore. However, there are some circumstances under which it may still make sense for you to have life insurance:
• You still have substantial debt.
• You have dependent children or grandchildren.
• You want to be able to leave a financial legacy.
https://horizonfinancial.ca/wp-content/uploads/2022/06/Life-Insurance-after-60.jpg281500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-06-03 06:00:002022-06-03 10:04:18Life Insurance after 60- is it necessary?
For business owners, making sure your business is financially protected can be overwhelming. Business owners face a unique set of challenges when it comes to managing risk. Insurance can play an important role.
https://horizonfinancial.ca/wp-content/uploads/2022/05/insurancePlanningforBusinessOwnersFI.jpg8101440Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-05-01 06:00:002022-05-01 09:04:07Insurance Planning for Business Owners
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Don’t lose all your hard-earned money to taxes
/in Blog, tax/by Horizon FinancialIt’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that:
1. Learn how to make the most of the lifetime capital gains exemption.
2. Figure out ways to decrease your end-of-life tax bill.
3. Look into Immediate Financing Arrangements.
Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner
/in Blog, Business Owners, corporate, tax/by Horizon FinancialYou have worked long and hard to build up your business, and now you are ready to withdraw money from your business’ bank account. But you don’t want to get hit with a huge tax bill. So here are 5 ways to withdraw money from your business in a tax-efficient manner.
The Six Steps to Financial Planning
/in Blog, Financial Planning/by Horizon FinancialA certified financial planner is trained to focus on all aspects of your finances – everything from your taxes to retirement savings.
The six steps to financial planning are:
• Meeting your financial planner
• Determining your goals and expectation
• Reviewing your current financial state
• Developing a financial plan
• Implementing a financial plan
• Monitoring the plan
A certified financial planner will develop a plan that works for you both today and in the future.
Life Insurance after 60- is it necessary?
/in Blog, Insurance, life insurance/by Horizon FinancialYou may have had life insurance for as long as you can remember. You knew it was important to make sure that your family would be taken care of and be able to pay their bills if anything happened to you.
But now that you’re over 60, your children are grown, and your mortgage is paid off, you may feel you don’t need life insurance anymore. However, there are some circumstances under which it may still make sense for you to have life insurance:
• You still have substantial debt.
• You have dependent children or grandchildren.
• You want to be able to leave a financial legacy.
Insurance Planning for Business Owners
/in Blog, Business Owners, buy sell, corporate, disability insurance, Group Benefits, health benefits, Insurance, life insurance, travel insurance/by Horizon FinancialFor business owners, making sure your business is financially protected can be overwhelming. Business owners face a unique set of challenges when it comes to managing risk. Insurance can play an important role.