Planning for the Surviving Spouse: Financial Considerations for Retirement
When planning for retirement, it's important to consider how finances will be managed if one spouse outlives the other.
Preparing for Retirement: Tax Planning Strategies for BC Business Owners
For business owners in British Columbia, retirement represents not only a time to relax and enjoy the fruits of your labor but also a critical period for ensuring your financial security. Proper retirement planning, especially from a tax perspective, can make a significant difference in how much of your hard-earned wealth you can retain. As […]
Top Payroll Mistakes BC Businesses Make and How to Avoid Them
Running a business in British Columbia comes with its fair share of responsibilities, and payroll management is one of the most critical aspects. Errors in payroll can lead to costly penalties, dissatisfied employees, and even legal issues. As a business owner, avoiding these mistakes is essential to maintaining compliance with provincial and federal regulations, keeping […]
Securing the Future: Why Diversification is Key for Intergenerational Family Wealth
In the world of business and finance, diversification stands as a cornerstone for securing intergenerational family wealth. For family-owned businesses, particularly in the farming and agricultural sectors, diversification is not just a strategy but a necessity to ensure resilience against market fluctuations, economic downturns, and sector-specific challenges. At Dhanda & Co., we emphasize the importance […]
Navigating New Capital Gains Taxes in Canada: Strategic Tax Planning for Family Offices
Strategic Tax Planning for Family Offices New capital gains tax policies in Canada necessitate strategic adjustments for family offices, potentially impacting investment decisions and economic outcomes. As an Abbotsford-based CPA firm specializing in tax advisory services, we’ve prepared a comprehensive summary of the new capital gains tax regulations in Canada, which are particularly relevant to […]