Get in Touch
Fransen Financial Inc.
Aaron Fransen, CFP®, CHS, MFA™
Certified Financial Planner® professional
Tel: 604-531-0022
Email: kelly@fransenfinancial.com
South Surrey, BC
Latest News
About
Many Canadians believe they do not have enough assets to seek the advice of an advisor. This is far from the truth at Fransen Financial. Numerous studies have validated the fact that professional advice works for investors of all circumstances. To secure a healthy financial future for yourself and your family at all stages of life, it’s important to address a number of major issues that will ultimately help reduce financial stress, plan appropriately for your situation and, most importantly, grow your net worth. Aaron is here to help you navigate these challenges and help you stay on track.
Government of Canada to allow up to $400 for home office expenses
/in 2020, Accountants, Blog, Business Owners, tax /by Fransen Financial Inc.For the 2020 tax year, the Government of Canada introduced a temporary flat rate method to allow Canadians working from home this year due to Covid-19 to claim expenses of up to $400.
Business Owners: 2020 Tax Planning Tips for the End of the Year
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate, Estate Planning, financial advice, Financial Planning, incorporated professionals, Investment, Professional Corporations /by Fransen Financial Inc.It’s a great time to review your business finances now that we are nearing year-end. We have listed some of the critical areas to consider and provide you with some helpful guidelines to make sure that you cover all the essentials. We have divided our tax planning tips into four sections:
– Year-end tax checklist
– Remuneration
– Business tax
– Estate
Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
/in Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, corporate, disability, Financial Planning, rdsp, tax /by Fransen Financial Inc.Finance Minister Chrystia Freeland recently provided the government’s fall economic update. It included information on the government’s strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We’ve summarized the highlights for you:
• Corporate Tax Changes, including extensions to subsidy programs.
• Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new “Work from home” tax credit.
• Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields.
For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.