A Challenge for New Clients: How to Choose a Trusted Advisor

If you’re in business for yourself, you have a unique opportunity to build wealth in an asset class that others don’t have: equity in a business enterprise that some day may be sold for millions of dollars. In addition, that business can spin off income for family members that can provide significant tax advantages, done well. Understanding how to realize on this asset requires the help of a trusted financial advisory team. Who should be on that team and how do you find them? This is a challenge your next new business clients may wrestle with. Here are some tips on how you can open discussions to help them:

To cushion errors in contributions due to fluctuating RRSP room, an over-contribution limit of $2,000 is allowed without penalty, provided you are at least 18 in the preceding taxation year.

Knowledge Bureau is pleased to be a sponsor at the IPBC convention being held September 20-22 in Mississauga, Ontario.

Canada may be the most expensive place in the world for money management. Fees matter more when the market is not performing well—and no investment product performs well all the time—so you can’t tie your value proposition to the whims of the markets.

Featuring Evelyn Jacks, Larry Frostiak and sponsor Cameron Peters of TaxCycle, Knowledge Bureau is proud to give you everything you need to know about corporate tax filing for micro businesses in this comprehensive one day workshop. 

Be inspired by 50 outstanding Canadians as they tell their stories—the tough, and at time tragic, challenges they faced and the life lessons they learned as they came through the other side. A must-have guide for young leaders, parents, business executives and bright stars everywhere.

Newly updated, T1 Professional Tax Preparation–Proprietorships will give you the upper hand in attending to your clients’ unique tax preparation and planning requirements. Covering the needs of sole proprietors, partnerships, farmers, fishermen, and professionals, you’ll place your clients in a position to leverage their valuable time and money. Enrol by September 11 to save $200.