Pension income splitting versus spousal RRSPs

Published by Josee & Deb on Feb 28, 2018

Pension income splitting can be a great way to reduce taxes. Couples can split their income once their Registered Retirement Savings Plans (RRSPs) become Registered Retirement Income Funds (RRIFs). Read... Continue reading

TFSA vs RRSP

Published by Custom Financial Services Inc. on Jan 30, 2018

Deciding whether to put your savings into an RRSP or a TFSA can be a struggle. Watch this video for some help figuring it out.     March 1, 2018 is the deadline to contribute to an RRSP for the 2017 income... Continue reading

Season's greetings and heartfelt thanks

Published by Josee & Deb on Dec 22, 2017

As we enjoy the holidays we would like to wish you season's greetings and a peaceful and prosperous New Year.    We appreciate your business and look forward to continuing to serve your financial needs... Continue reading

2017 Year-end tax planning tips

Published by Josee & Deb on Nov 27, 2017

As December 31st is quickly approaching, it's a good time to look at some tax planning that needs to be implemented prior to year end. Here's a list of tax tips to keep in mind. ... Continue reading

Estate planning 101

Published by Josee & Deb on Oct 30, 2017

Estate planning isn't just for the affluent - it's for all those who want to protect the people they love and the assets they've worked so hard to build.   In simple terms, estate planning is the process... Continue reading

The family dollar juggling act

Published by Josee & Deb on Sep 29, 2017

For parents, daily life can seem like a juggling act. Adults in the family have a schedule, priorities and commitments. Kids have a schedule, priorities and commitments. Sometimes they match up. Often... Continue reading

Defeating fraud

Published by Josee & Deb on Jul 27, 2017

It's a headline that appears all too often. Fraudsters posing as agents from the Canada Revenue Agency (CRA) call innocent Canadians saying they owe back taxes. The call sometimes includes a threat of... Continue reading

Tax return checklist

Published by Josee & Deb on Mar 17, 2017

What do you need to file your taxes? Use this checklist to help make sure that you're providing your accountant or tax specialist with everything he or she needs, and that you aren't missing opportunities... Continue reading

Less than one month to go!

Published by Josee & Deb on Feb 10, 2017

Tick, tock.   It’s February and we’re in Canada, which means two things. One, it’s really, really cold. And two, you’ve got less than a month to make contributions to your RRSP that will count for tax... Continue reading

Dealing with debt before (or during) retirement

Published by Josee & Deb on Dec 20, 2016

Baby boomers - one of the wealthiest generations in history - are heading into retirement. They're ready to kick back and finally enjoy the fruits of their labours. Yet despite the lure of an early and... Continue reading