Search Results for 'tina tehranchian'

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What the HST means to you

From children’s sports activities and home renos to simply driving around, life is about to get more expensive in Ontario.
BY TINA TEHRANCHIAN
On July 1, the Ontario government will introduce the new Harmonized Sales Tax (HST). This means that certain purchases that were only subject to the 5% Goods and Services Tax (GST) before this date, will [...]

June 22nd, 2010 | admin | 0 comments | Continued
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The Individual Pension Plan (IPP) – A Jumbo RRSP

Individual pension plans have been around for years but they have recently started to gain popularity with business owners who are in a high tax bracket. According to Canada Revenue Agency there are only about 10,000 individual pension plans in Canada. However, as of late, individual pension plans have also come on the [...]

February 3rd, 2010 | Tina Tehranchian | 0 comments | Continued
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SUCCESSION PLANNING FOR BUSINESSES

Being a business owner who owns a successful business but has no succession plan in place is similar to being an individual who has amassed significant wealth but has no retirement or estate plan in place.  In both cases unnecessary taxes, fees and legal implications can threaten the enjoyment of a comfortable retirement and the [...]

October 22nd, 2009 | Tina Tehranchian | 0 comments | Continued
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Writing Off Home Office Expenses

An office in the home is important for many people because of the convenience and economy that it offers.  To the extent an office is operated out of an individual’s home, a certain amount of house-related expenses may be tax deductible against the income generated.
There are three types of individuals who can claim expenses related [...]

April 14th, 2009 | Tina Tehranchian | 1 comment | Continued
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Financial Planning Tips for Surviving and Thriving in a Recession

The scary media headlines about the impending doom and gloom in the economy have certainly caused much anxiety for many people. The dramatic declines in world stock markets have compounded the problem causing many retirees or those approaching retirement to panic and go through sleepless nights thinking about how to finance their retirement.
Amidst all this [...]

February 15th, 2009 | Tina Tehranchian | 2 comments | Continued
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Financial Planning Tips for Business Owners

1-    Diversification - Most business owners invest the bulk of their savings in their own business because they understand it well and know how to make a profit in their business. In other words, the business is their retirement plan.  However, this means that they tend to have all their eggs in one basket [...]

January 29th, 2009 | Tina Tehranchian | 0 comments | Continued
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Severance and Early Retirement Packages

If you have the faintest feeling that you may be receiving an early retirement or severance package from your company soon, don’t wait until it actually happens - start planning right away. Usually when the package is offered the deadline for making a decision is quite tight and this can mean you will be under [...]

January 29th, 2009 | Tina Tehranchian | 13 comments | Continued
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Tina Tehranchian

Background:

Tina has often been quoted as an expert in her field in The Toronto Star and the National Post, as well as in financial industry magazines such as The Investment Executive, Advisor.ca, and the Insurance Journal. She has also been featured in local and national radio and television shows as a financial planning expert. She [...]

January 28th, 2009 | admin | 0 comments | Continued
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An Overview of RRSP Loans

If you do not have enough money saved to contribute to your RRSP, an RRSP loan could be an option worth considering.
Since you cannot deduct the interest on money borrowed to purchase RRSPs, you should opt for the shortest possible period that you can pay off the loan.
Short-Term Top-Up Loans
Therefore, short-term top-up loans that can [...]

January 18th, 2008 | Tina Tehranchian | 0 comments | Continued
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Creditor Protection For Business Owners

Whether you have been successfully running a business for many years or just starting out, it is important that you regularly review your creditor protection strategy. Most business owners, officers and directors don’t realize that their personal assets are at risk of creditor claims in the event that something goes wrong with their business.
In fact, [...]

February 15th, 2007 | Tina Tehranchian | 0 comments | Continued