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Tip:
Tax planning can produce dramatic
results. I recently saved a client approx.
$10,000 in one tax year and
implemented an easy to follow plan
that would ensure this savings
continued for several years. Obviously,
I can't guarantee this dramatic
of a result for all clients, but
it illustrates how much
money can be saved when tax planning
is put into place.
Denise Fernandez,
Affordable
Business Services
"The rich in this world legally
pay the least taxes because they
are advised by experts".
Robert Kiyosaki, Author of Rich
Dad-Poor Dad, Multi-Millionaire
And Wealth Coach
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 Paying Too Much Tax?
No one
wants to pay more tax than they need
to, especially if they are paying
thousands too much each year.
Unfortunately this is an area that
is often overlooked by the average
taxpayer.
Listed below are just a
few of the steps
taken to ensure that you pay the least
amount of tax possible:
-
Tax planning, prior
to year end, is a very effective
way to reduce your taxes. Your
situation will be reviewed and
recommendations made.
-
Registered Retirement Savings
Plans (RRSPs) are a great
way to save on taxes.
-
We
will advise whether dividend
income
offers a better tax strategy for your
situation.
-
Not
incorporated yet but
wondering whether you should? We
will review your business and
advise whether incorporation is
your best option. It
may cost to incorporate, but
there are additional tax
benefits that might make it
worth the expense.
-
Are you taking
all of the tax
deductions/write offs that
you are entitled to?
We will make sure of it.
Strategies such as income splitting
may reduce your
family's tax bill.
Note: there are far
too many tax deductions to
list here, this list just
provides you with a few
points that will be reviewed
by Affordable Business
Services.
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