Blog
Find our most talked about topics below.
Read, learn and become involved with our blogs!
Subscribe to our newsletter
Want to stay up to date with our most recents articles?Sign up below to recieve emails whenever we have a new story!
How Canadians Can Split Their Income And Lower Their Tax Bills
The article "How Canadians can split their income and lower their tax bills" was originally published in Financial Post on September 8, 2022. PHOTO BY CHLOE CUSHMAN/NATIONAL POST ILLUSTRATION FILES. Jason Heath: There are ways to pay less tax during your working years...
FP Answers: How Can You Avoid A Big Capital Gains Tax Bill When You Die?
The article "How can you avoid a big capital gains tax bill when you die?" was originally published in Financial Post on September 2, 2022. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Adding a child's name to your assets won't accomplish your goal of reducing capital gains...
FP Answers: When Should I Take CPP?
The article "FP Answers: When should I take CPP?" was originally published in Financial Post on July 20, 2022. Photo by GETTY IMAGES/ISTOCKPHOTO. The timing for collecting benefits is more important than seniors think FP Answers has received a mountain of questions...
What The Bank Of Mom And Dad Should Consider When Dispensing Money — Especially If It Might Want To Be Paid Back Someday
The article "What the Bank of Mom and Dad should consider when dispensing money — especially if it might want to be paid back someday" was originally published in Financial Post on July 4, 2022. PHOTO BY JIM WELLS/CALGARY SUN/QMI AGENCY FILES. Jason Heath: There are...
What Are The Taxes On Transferring Real Estate To Your Kids?
The article "What are the taxes on transferring real estate to your kids?" was originally published in MoneySense on June 27, 2022. Photo Zen Chung from Pexels. Joan and her partner own the condo her son lives in, but they want to transfer ownership to him. What are...
Capital Gains, Taxes And More: The Implications Of Inheriting Real Estate
The article "Capital gains, taxes and more: The implications of inheriting real estate" was originally published in MoneySense on June 20, 2022. Photo Greta Hoffman from Pexels. There are tax, estate and other implications when inheriting real estate, even from...
What Is The Benefit Of A Graduated Rate Estate When Doing Estate Planning?
The article "What is the benefit of a graduated rate estate when doing estate planning?" was originally published in Financial Post on June 17, 2022. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Here's a little-known tax tip that could save your family money when doing estate...
How Much Are Withholding Taxes On RRSPs And RRIFs?
The article "How much are withholding taxes on RRSPs and RRIFs?" was originally published in MoneySense on June 13, 2022. Photo by Mikhail Nilov from Pexels. Anne wants to take extra RRIF withdrawals beyond her annual minimum amount and is worried about the tax...
Here’s How To Accelerate Your Retirement Timeline, Without Taking On Too Much Risk
The article "Here's how to accelerate your retirement timeline, without taking on too much risk" was originally published in Financial Post on June 6, 2022. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Jason Heath: Those approaching retirement can consider these strategies to...
Should You Borrow To Invest With The Smith Manoeuvre?
The article "Should you borrow to invest with the Smith Manoeuvre?" was originally published in MoneySense on June 6, 2022. Photo by Andrea Piacquadio from Pexels. Warren is trying to crunch the numbers on borrowing to invest using a strategy often referred to as the...
FP Answers: How Should I Invest The $260,000 My Father Left Me In His Will?
The article "How should I invest the $260,000 my father left me in his will?" was originally published in Financial Post on June 3, 2022. Photo by GETTY IMAGES/ISTOCKPHOTO. Both debt repayment and investing are good options, financial planner says Q: I’m 52 years...
Where To Start Investing With ETFs In Your 20s
The article "Where to start investing with ETFs in your 20s" was originally published in MoneySense on May 30, 2022. Photo by Andrea Piacquadio from Pexels. Learning about investing in your 20s can be as fun as it is challenging. Here are some thought-starters. I want...
The Tax Implications Of Owning Multiple Properties During Probate
The article "The tax implications of owning multiple properties during probate" was originally published in MoneySense on May 24, 2022. Photo by Erik Mclean from Pexels. When a spouse passes away, what are the tax, probate and mortgage implications for multiple...
Should You Loan Money To Someone Who Is House Rich And Cash Poor?
The article "Should you loan money to someone who is house rich and cash poor?" was originally published in MoneySense on May 17, 2022. Photo by Andrea Piacquadio from Pexels. Loaning money to someone who is house rich and cash poor requires some consideration. Even...
The Tax Implications Of Transferring A Stock Between Spouses
The article "The tax implications of transferring a stock between spouses" was originally published in MoneySense on May 9, 2022. Photo by Vlada Karpovich from Pexels. Joe wants to transfer his 50% ownership of a stock he owns jointly with his wife to her. He is...
FP Answers: Am I On Track To Retire In 25 years If I Have $350,000 Saved Now?
The article "FP Answers: Am I on track to retire in 25 years if I have $350,000 saved now?" was originally published in Financial Post on May 6, 2022. Photo by GETTY IMAGES/ISTOCKPHOTO. Q: I’m 40 years old and want to retire at age 65 with an after-tax net income of...
Buying A Home After Divorce
The article "Buying a home after divorce" was originally published in MoneySense on May 3, 2022. Photo by Andrea Piacquadio from Pexels. During a divorce, one or both spouses may move into new homes. A MoneySense reader has a question about her eligibility for home...
There’s An Upside To Higher Interest Rates, Despite The Pain To Borrowers
The article "There's an upside to higher interest rates, despite the pain to borrowers" was originally published in Financial Post on May 2, 2022. PHOTO BY JUSTIN TANG/BLOOMBERG FILES. One eventual benefit is that borrowers will have a more realistic monthly payment...
How Do Quarterly Income Tax Installments Work?
The article "How do quarterly income tax installments work?" was originally published in MoneySense on April 25, 2022. Photo by Nataliya Vaitkevich on Pexels. Explore how tax installments work, how to best plan to paying them on time, and what happens if you paid in...
Can You Avoid Probate Taxes On TFSAs?
The article "Can you avoid probate taxes on TFSAs?" was originally published in MoneySense on April 18, 2022. Photo by Sora Shimazaki from Pexels. Find out how to shield TFSAs from probate taxes, when no beneficiary or successor has been named for the registered...
How Are You Taxed When You Sell A Small Business?
The article "How are you taxed when you sell a small business?" was originally published in MoneySense on April 11, 2022. Photo by Andrea Piacquadio on Pexels. How do you report the income from the sale of a small business? What are the tax implications? And what do...
What To Do When You Overcontribute To Your RRSP
The article "What to do when you overcontribute to your RRSP" was originally published in MoneySense on April 4, 2022. Photo by Andre Furtado from Pexels. What happens when you inadvertently contribute too much to a RRSP? Find out if there’s anything you can do to...
Converting A Segregated Fund To A RRIF
The article "Converting a segregated fund to a RRIF" was originally published in MoneySense on March 29, 2022. Photo by Kampus Production. If you hold a segregated fund and want to convert it to a registered retirement income fund, this is what’s involved. I have a...
Here’s What The Soaring Inflation Rate Means For Your Retirement
The article "Here's what the soaring inflation rate means for your retirement" was originally published in Financial Post on March 22, 2022. PHOTO BY CHLOE CUSHMAN/NATIONAL POST ILLUSTRATION FILES. Jason Heath: Time horizon and...
When Can You Claim Medical Expenses On Your Tax Return
The article "When can you claim medical expenses on your tax return" was originally published in MoneySense on March 21, 2022. Photo by Anna Shvets from Pexels. After you pay for out-of-pocket medical expenses, what should you do with the receipts? Find out if you...
Capital Gains When Selling Property To Family
The article "Capital gains when selling property to family" was originally published in MoneySense on March 18, 2022. Photo by cottonbro from Pexels. If you sell a property to a relative for a bargain price, does that mean you pay less tax for capital gains? Do I have...
Should You Start OAS If You Are Still Working?
The article "Should you start OAS if you are still working?" was originally published in MoneySense on March 17, 2022. Photo by Tim Mossholder from Pexels. Not retired yet? Wondering about applying for Old Age Security? Here are the things to consider first. I’m...
Understanding The 1994 Capital Gains Tax Election
The article "Understanding the 1994 capital gains tax election" was originally published in MoneySense on March 14, 2022. Photo by Abby Savage on Unsplash. There is a $100,000 capital gains exemption that applied until 1994. Find out if it can be used to reduce the...
Can I Save Tax By Transferring An Investment Property To A Corporation?
The article "Can I save tax by transferring an investment property to a corporation?" was originally published in Financial Post on March 11, 2022. Photo by ERNEST DOROSZUK/TORONTO SUN/POSTMEDIA FILES. The potential transfer of the property presents an opportunity to...
Capital Gains On Subdivided Land, And HST On Vacant Land
The article "Capital gains on subdivided land, and HST on vacant land" was originally published in MoneySense on March 10, 2022. For property that you can subdivide, you can sell some of the land and build a house on the rest. But would you owe any tax? Our primary...
Objective Financial Partners Inc.
675 Cochrane Drive
East Tower, 6th Floor
Markham, Ontario
L3R 0B8
T. 416.691.8471
Toll Free. 1.855.691.8471
Providing fee-only financial planning to clients in Toronto or worldwide via Zoom or Skype
Copyright © 2018 |Objective Financial Partners Inc. | All rights reserved.
We don't sell investments, so we're not going to tell you which stocks to buy and sell. However, we can build you a comprehensive and truly objective financial plan.
