Written By: Jasmine Taylor Learning the basics of investing can be difficult and honestly quite time consuming. There are many different things to consider before you invest your first dollar. One of the biggest mistakes in investing is failing to do your homework and just investing in something that you do not really understand. When...Continue reading
Written By: Jasmine Taylor Definition: A digital record of transactions The name comes from its structure, which individual records “blocks”, are linked together in a single list, called a “chain”. Block chains are used for recording transaction made with cryptocurrencies, such as Bitcoin, but have many other applications. As new data comes in, it is...Continue reading
Written By: Jasmine Taylor Overview Beneficiary Definition: any person who receives a benefit from an insurance policy or your investments when you die. In Canada, there are two main routes that your assets can take after you pass away. The first is to a beneficiary and the second is to your estate. If you have...Continue reading
Written by: Jasmine Taylor Take the first step to reaching your financial goals! Are you saving to buy a home? A car? Saving for a well needed vacation after COVID? Or looking to renovate your home? These are all dreams that can be achieved by turning them into goals. Establish Your Goal First you need...Continue reading
Written By: Sean Gardhouse Taxes! Taxes! Taxes! It's that time of year again. Even without all the complexities that the pandemic has created, navigating your tax return can sometimes be a daunting task. Not to worry, the professionals of Gardhouse Financial Counsel are here to help you take advantage of all the tax credits available...Continue reading
Finn Financial has a story to tell you about the time that someone tried to claim arson as a tax deduction. Long story short, he did NOT get away with it...
Here is how to win: 1) Like the Gardhouse Financial Council Facebook Page 2) Fill out this short financial questionnaire That’s it! We will be randomly drawing the winner on March 1, 2021 @ 4pm
We look forward to assisting with your tax return this year. We are a locally owned and operated business and we are very happy to offer reasonably priced tax returns completed by our knowledgeable tax professionals. Our starting price is $59.95 and includes one free T-slip. As we continue to deal with the effects of...Continue reading
Big changes surround the Principle Residence Exemption (PRE) for the 2016 Tax Year. The Canada Revenue Agency (CRA) states the following: Starting with the 2016 tax year, individuals who sell their principal residence will have to report the sale on Schedule 3, Capital Gains of the T1 Income Tax and Benefit Return. Reporting will be...