Family | 4 Corner Financial

When and Why You Should Conduct an Insurance Audit

by 4 Corner Financial | Mar 2, 2022 | Blog, Business Owners, Family, individuals, life insurance

As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation...

Why Insurance Is So Important If You’re A Single Parent

by 4 Corner Financial | Nov 1, 2021 | Blog, Family, insurance, life insurance

Why Insurance Is So Important If You’re A Single ParentYour kids mean everything to you – and you want to make sure they’re protected no matter what. As a single parent, you must have the right health and life insurance options in place to make that happen. We...

Federal Budget 2021 Highlights

by 4 Corner Financial | Apr 22, 2021 | 2021, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, Debt, Family, financial advice, Financial Planning, incorporated professionals, individuals, personal finances, Professional Corporations, tax

On April 19, 2021, the Federal Government released their 2021 budget. We have broken down the highlights of the financial measures in this budget into three different sections:Business OwnersPersonal Tax ChangesSupplementary HighlightsBusiness OwnersExtending Covid...

Leaving a Legacy

by 4 Corner Financial | Mar 2, 2021 | Blog, Charitable Gifting, estate planning, Family, individuals

Leaving a legacyThere are so many options designed to help you to use a portion of your estate to benefit a good cause when you pass away. The estate planning process helps you to ensure that your estate is distributed as per your wishes and in the most tax efficient...

2021 Comparing TFSAs and RRSPs

by 4 Corner Financial | Jan 11, 2021 | 2021, Blog, Family, individuals, investment, retirees, RRSP, tax, Tax Free Savings Account

If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can both be effective options for you to achieve your savings goals more quickly. However, each plan does have distinct differences and advantages / disadvantages. We’ve...

Personal Tax Planning Tips – End of 2020 Tax Year

by 4 Corner Financial | Dec 2, 2020 | 2020 Only, Blog, Charitable Gifting, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Coronavirus - Students, disability, disability insurance, Family, financial advice, Financial Planning, health benefits, pension plan, RDSP, Registered Education Savings Plan, RRSP, tax, Tax Free Savings Account

Now that we are reaching the end of the tax year, it’s an excellent time to review your finances. We’ve listed below some of the critical areas to consider and provide you with useful guidelines. We have divided our tax planning tips into five sections:...

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Essential tips and tricks for paying less tax and keeping more of your retirement income November 1, 2022
It’s important to make the most of your retirement income. To do so, you need to be aware of what income is and isn’t taxable, and also how to make the most of the tax breaks you’re entitled to. This article outlines the four main steps you need to take to ensure you keep as […]
4 Corner Financial
Insurance Planning for Incorporated Professionals October 3, 2022
For incorporated professionals, making sure your business is financially protected can be overwhelming. Incorporated Professionals face a unique set of challenges when it comes to managing risk. Insurance can play an important role.
4 Corner Financial
Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner September 1, 2022
You have worked long and hard to build up your business, and now you are ready to withdraw money from your business' bank account. But you don't want to get hit with a huge tax bill. So here are 5 ways to withdraw money from your business in a tax-efficient manner.
4 Corner Financial
The Six Steps to Financial Planning August 1, 2022
A certified financial planner is trained to focus on all aspects of your finances – everything from your taxes to retirement savings. The six steps to financial planning are: • Meeting your financial planner • Determining your goals and expectation • Reviewing your current financial state • Developing a financial plan • Implementing a financial […]
4 Corner Financial
The Five Steps to Insurance Planning July 5, 2022
It’s essential to have enough insurance to give you peace of mind and make sure you are sufficiently insured. Working with an insurance agent can help make sure you are adequately insured. The five steps to insurance planning are: • Finding an insurance agent • Meeting with your insurance agent • Reviewing your insurance options […]
4 Corner Financial