Canada’s tax and energy advantages are coming to a sudden end, and we should expect businesses will move more investment to the U.S.

When Justin Trudeau shuffled his federal cabinet last week, it signalled he’s taking the next United States president seriously. Finding the right mix of people to work with White House officials is important.

Continue reading Trudeau’s Challenges: Trump, Taxes and Energy at The Afro News.

Canada’s tax and energy advantages are coming to a sudden end, and we should expect businesses will move more investment to the U.S.

When Justin Trudeau shuffled his federal cabinet last week, it signalled he’s taking the next United States president seriously. Finding the right mix of people to work with White House officials is important.

Continue reading Trudeau’s Challenges: Trump, Taxes and Energy at The Afro News.

At 42.1%, taxes eat up more of your income than any other single family expense

If you asked average Canadian families what their largest expense is, many would probably say: housing. And, you can’t blame them. Mortgage and rental payments are a painful monthly reminder of how much we pay for this basic necessity.

Continue reading Your Family’s Largest Expense may Surprise you at The Afro News.

After the 2008 economic crisis, many people assumed they would never be able to reach true financial independence – the ability to live comfortably off one’s savings and investments with no debt whatsoever.

However, individuals willing to use their time horizon to plan and adjust their spending, savings and investment behaviors might just find financial independence is possible.

Continue reading 10 Ways to Become Financially Independent at The Afro News.

Crowdfunding – the online method of raising money from people around the world – is less than a decade old, allowing artists, activists and a growing number of entrepreneurs to connect with financial support far outside the conventional lending system.

Here’s how crowdfunding works. Through sites like Kickstarter, Indiegogo or RocketHub, campaigners seeking funding create a pitch that educates potential funders – or “backers,” as they’re often called – on their project.

Continue reading Crowdfunding and Taxes: What You Should Know at The Afro News.

For millions of Americans, 2015 open enrollment for employer-provided benefits is right around the corner. While it may be tempting to simply opt for the same coverage you have this year, doing so could cost you hundreds – or thousands – of dollars in tax savings.

Have I captured your attention?

Find out if your employer offers flexible spending accounts (FSAs).

Continue reading Flexible Spending Accounts, Commuter Benefits Cut Your Taxes at The Afro News.

If Canadians paid all of their taxes up front, June 10 is the day they can start working for their families

By Charles Lammam  and Milagros Palacios

No one really thinks we should abolish all taxes. After all, how would governments fund important public services that form the foundation of our economy?

Continue reading Are You Happy Working For The Government Until June 9? at The Afro News.

Canadian governments take $44 out of every $100 your family earns

By Charles Lammam and Hugh MacIntyre

Like other Canadians, you work hard for your money.

Faced with essential expenses such as food, clothing, and shelter, your household budget may feel squeezed. But what if we told you, your family’s biggest expense is taxes?

Continue reading Taxes Squeezing Household Budgets at The Afro News.

Continue reading Turning your RRSP into a RIF at The Afro News.

Continue reading Withdrawals from RESPs at The Afro News.