https://clarkinsurance.ca/wp-content/uploads/2020/12/Personalfirstname.lastname@example.org 563 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-12-02 14:07:542020-12-02 22:51:23Personal Tax Planning Tips – End of 2020 Tax Year
To help our clients, we’ve put together a comprehensive article filled with great tips on how to get ready for 2020 tax season. Here’s a summary of our personal tax tips article: • Details about the different COVID-19 benefits programs and the tax ramifications of them • Information about family tax issues including the Canada Child Benefits and tips on how to split income. • Managing investments. Details about contributing to various savings plans such as a TFSA, RESP, or RDSP. Also tips on how and when to donate to charity and how to time the purchase or sale of investments. • Retirement planning. How to make the most of your RRSP, things to know if you’ve turned 71, and tips on RRIF conversion.
https://clarkinsurance.ca/wp-content/uploads/2020/11/CERS_STARTS_TODAY.gif 280 500 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-11-23 14:01:152020-11-23 23:00:15Applications for the new Canada Emergency Rent Subsidy starts today!
The new Canada Emergency Rent Subsidy is open for applications today! Unlike the previous program, this subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords. CERS covers up to 65% of rent for businesses, charities and non-profits impacted by COVID-19. An additional 25% Lockdown Support is available during a public health lockdown order.
https://clarkinsurance.ca/wp-content/uploads/2020/11/differencebetweensegfundsandmutualfunds-coverImage.png 1000 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-11-01 06:30:002020-11-01 15:33:13The Difference between Segregated Funds and Mutual Funds
Segregated Funds or Mutual Funds? What's the difference?
https://clarkinsurance.ca/wp-content/uploads/2020/10/CRB@2x.png 640 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-10-13 14:54:192020-10-13 23:15:14Applications for Canada Recovery Benefit now open!
The Canada Recovery Benefit (CRB) is now open for applications. If you are eligible for the CRB, you can receive $1,000 ($900 after taxes withheld) for a 2-week period. If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 13 eligibility periods (26 weeks) between September 27, 2020 and September 25, 2021.
https://clarkinsurance.ca/wp-content/uploads/2020/10/CERS_CEWS_CEBA@2x.png 640 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-10-09 16:23:562020-10-10 00:18:08New Canada Emergency Rent Subsidy | Wage Subsidy extended | CEBA additional $20,000 loan
Great news for businesses! The new Canada Emergency Rent Subsidy will be available directly to business owners who need rent relief. The Wage Subsidy has been extended to June 2021. And the CEBA has been expanded to provide up to $20,000 interest-free loan.
https://clarkinsurance.ca/wp-content/uploads/2020/10/CRSB_CRCB_starts_today@2x.png 640 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-10-05 13:51:472020-10-05 21:57:20Applications for Canada Recovery Sickness Benefit and Caregiving Benefit starts today!
Starting October 5, 2020, the Government of Canada will be accepting online applications for the Canada Recovery Sickness Benefit (CRSB) and the Canada Recovery Caregiving Benefit (CRCB).
https://clarkinsurance.ca/wp-content/uploads/2020/10/500x500-ACCESSING-CORPORATE-EARNINGS-coverImage.png 500 500 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-10-01 07:00:002020-10-01 14:12:18Accessing Corporate Earnings
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way. Please contact us to learn how we can get more money in your pocket than in the government's.
https://clarkinsurance.ca/wp-content/uploads/2020/09/ThroneSpeech@2x.png 640 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-09-24 15:47:422020-09-24 23:42:11Throne Speech: Recovery Plan Highlights
On September 23rd, in a speech delivered by Governor General Julie Payette, Prime Minister Justin Trudeau outlined the Federal government's priorities.
https://clarkinsurance.ca/wp-content/uploads/2020/09/CEBA_extended_to_Oct_31_and_expanded@2x.png 640 1000 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-09-01 16:44:542020-09-02 00:42:06CEBA extended to October 31st. Expanded to include more businesses.
On August 31st, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the extension of the Canada Emergency Business Account (CEBA) to October 31st, 2020. This will give small businesses 2 additional months to apply for the $40,000 loan. In addition, the Federal Government said it was working with financial institutions to make the CEBA program available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account.
https://clarkinsurance.ca/wp-content/uploads/2020/09/Slide3.jpeg 810 1440 Clark Insurance Inc. https://clarkinsurance.ca/wp-content/uploads/2018/03/clarkInsuranceEnfold-300x100.jpg Clark Insurance Inc.2020-09-01 15:21:002020-09-01 22:39:04Succession Planning for Business Owners
Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.