The hardest thing to understand in the world is the income tax.
– Albert Einstein
What you keep is more important than what you earn.
– Four Pillar Financial Inc.
Taxes are a lifetime liability. For some people, it is the largest expense of their lives. It is your right do everything allowable under the Income Tax Act to reduce your tax bill.
Tax rules change year to year and can affect things such as:
– Retirement plan contribution limits
– Tax rates for the year
– Credit eligibility
– Exclusion amounts
By waiting until April to consider your taxes, you ensure that you overpay. Throughout the year, proactive decisions and steps can be taken to greatly reduce your tax liability. Four Pillar Financial Inc. will exploit tax saving opportunities, such as:
– informing you of the most profitable times to invest, save, borrow, and spend
– reducing or deferring income taxes, especially the income taxed at the highest rate
– taking full advantage of all government-sponsored programs such as pension, LIF, LIRA, RDSP, RESP, RRSP, TFSA
– managing capital gains, charitable donations, and transfers of property
– assisting you with estate planning and trusts
The goal of tax planning is to professionally reduce your taxes to the fullest extent allowable by law. Most people are not knowledgeable enough to accomplish this on their own.
Four Pillar Financial will help you with everything tax-related, including:
– GST/HST & PST
– Personal taxation
– Corporate taxation
– Non-resident tax issues
– Estate planning
– Family trusts