Finuity Blog
Advanced Tax Planning: Minimizing Tax Exposure for Senior Executives
For executives and business owners, financial success often brings new layers of complexity to tax...
Creative Approaches to Building a Competitive Total Compensation Package
Why Total Compensation Matters More Than Ever With a significant portion of today’s workforce...
The Importance of Analyzing and Updating Shareholders’ Agreements
In the intricate world of corporate governance, shareholders’ agreements stand as vital documents, orchestrating the rhythm of business relationships, decision-making, and overall company direction. These agreements act not just as legal necessities but as strategic...
2024 Tax & Savings Dates & Information
Savings/Pensions RRSP contributions: Maximum contribution for 2023: $30,780 Last day for 2023 contribution: February 29, 2024 Maximum contribution for 2024: $31,560 January 1: new RRSP contribution room becomes available for 2024 December 31: deadline to contribute to...
Key Person Life Insurance: Essential Protection
The Essential Role of Key Person Insurance Key person life insurance is an indispensable tool for businesses of all sizes. This insurance, taken out on a key employee or executive, safeguards a company’s operations and financial health against the sudden loss of such...
Factors Influencing Group Insurance Coverage and Eligibility
In the complex landscape of group insurance, several key factors play a pivotal role in determining both eligibility and the extent of coverage. Understanding these factors is essential for business owners and managers tasked with navigating the nuances of group...
The Business Case for Wellness: 10 Key Benefits
Inspired by insights from Indeed and Wellable In today’s fast-paced business world, the health and well-being of employees are more than just personal concerns; they are central to an organization's prosperity and success. This is particularly true in the demanding...
Tax Obligations After a Loss: A Guide for Executors
In the face of loss, executors face the daunting task of managing the deceased's financial affairs, including the crucial aspect of tax filing. This summary, drawn from an insightful Advisor.ca article, provides a guide to help executors navigate these...