Category: Finance & Operations

Creating a Professional Corporation

Finance & Operations, NewOptometrist, Perspectives, Planning, Recent, Resources, Sponsors |

Creating a Professional Corporation is a privilege that exists in most provinces in Canada. Many years ago, the tax benefits were obvious. With the tax reforms of the late 2010s, near perfect integration was achieved. Today, creating a professional corporation is no longer a simple decision.

Marginal vs. Average Tax Rate – Say What?

Finance & Operations, NewOptometrist, Perspectives, Planning, Recent, Resources, Sponsors |

Understanding how taxes work is the first step in reducing your tax burden. Roxanne Arnal, Optometrist and Certified Financial Planner breaks down tax terms that may feel unfamiliar and confusing.

Salary or Dividends?

Finance & Operations, NewOptometrist, Perspectives, Planning, Recent, Resources, Sponsors |

Roxanne Arnal, Optometrist and Certified Financial Planner discusses whether you should take a salary or dividends for those owning professional corporations. Finding the right balance between extra lifestyle withdrawals for additional investing vs corporate investing needs to be reviewed on an ongoing basis.

Should I invest in a RRSP or a TFSA?

Finance & Operations, NewOptometrist, Perspectives, Planning, Recent, Resources, Sponsors |

Roxanne Arnal, Optometrist and Certified Financial Planner discusses whether you should invest in a RRSP or a TFSA. She draws a side by side comparison of the two account types and provides some general guidelines on how to make the decision.

Getting a tax refund is exciting, but should it be?

Finance & Operations, NewOptometrist, Perspectives, Planning, Recent, Resources, Sponsors |

Roxanne Arnal, Optometrist and Certified Financial Planner challenges you to think differently about getting a tax refund. Maybe you shouldn’t get too excited about that refund.