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October 2015

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CRA Red Tape Reduction and new government

What Does the Consultation Report Say about the 2014 Red Tape Reduction?

Corporate TaxBy Sam SeidmanOctober 16, 2015Leave a comment

As many businesses are aware the CRA took significant steps to help cut the CRA red tape for business.   This is a plan that is supposed to take two years to get into full action.  In order for the CRA to devise a red tape reduction plan they relied on the feedback from small…

Online business using drop shipments

Is Drop Shipping a Business You Want to Consider?

Drop shipping, Online businessBy Sam SeidmanOctober 15, 2015Leave a comment

A lot of people would love to have their own online business.   The problem is they don’t know what they could offer.   Some people are into hobbies that can be turned into a part time business or even grown into a full time operation.   Then there are others that just don’t feel they…

land business to internet strategy

Do You Need to Have Your On Land Business On the Internet?

Canada Business, Online businessBy Sam SeidmanOctober 14, 2015Leave a comment

There is no doubt that there are tons of businesses on the internet.   It has become a very important way of doing business.   At the same time there are many businesses that do not sell online.   So in this case is there any reason to have a online presence? The short answer…

investment summary after tax

Can Your Investments Help Your Tax Situation?

Investments, Personal TaxBy Sam SeidmanOctober 13, 2015Leave a comment

So many people are sick of paying high taxes that they have gotten to a point where they are no longer enthusiastic about investing.   They ask themselves why bother when the government is only going to take it off them anyway.   They don’t want the hassles of tying up their hard earned money…

Senior planning

Modern Day Thinking for the Senior Year

Retirement, Senior incomeBy Sam SeidmanOctober 12, 2015Leave a comment

When children become young adults their parents are often full of advice for them to be successful in their future.   They even try to educate them on planning for their senior years.   The problem is what worked for the parents in their day just might not be the way to go for the…

Deciphering Credit Card Interest

Deciphering your Credit Card Interest

Credit card debtBy Sam SeidmanOctober 9, 2015Leave a comment

Nobody likes to be in a tough financial situation.   However, if one learns from their mistakes then they can take this situation and learn from it, once they have turned it around. It is so easy to get caught up in credit card debt that it becomes a real life changer.   Sometimes individuals…

Ontario Pension Plan ORPP

What Does the ORPP Mean To You?

Ontario pension plan, ORPPBy Sam SeidmanOctober 8, 2015Leave a comment

You have no doubt been hearing the rumblings of an ORPP which means Ontario Retirement Pension Plan.   This can be pretty difficult for many people to focus on when they are struggling to make ends meet right now financially.   Yet the government is driving them to focus on their future. While this may…

ontario healthcare

Is the Ontario Government Affecting Your Health Care and You Don’t Know it?

Family physicians, Ontario health careBy Sam SeidmanOctober 7, 2015Leave a comment

Most people care about their health and what affects it.  They know that their Doctor is their life line to good health.  They also know how hard it can be to find a doctor that will provide that care for them.   So in general there is no shopping around when it comes to your…

buy or renovate your home

Torn Between Home Buying or Home Improvement?

Home buyingBy Sam SeidmanOctober 6, 2015Leave a comment

It really can be tempting to at least start thinking about moving to a new home.   Maybe you are thinking you would like to try a new neighborhood, or perhaps buy a home with additional space.   You are thinking that the interest rates for doing this are great.   With the housing boom…

credit cards

Is it a Bad Idea Not to Have a Credit Card

Credit card debtBy Sam SeidmanOctober 5, 2015Leave a comment

Every generation seems to have their own take on how they should control their finances. Generation X were pretty liberal with the use of credit cards. It wasn’t uncommon for most individuals to have at least two and most likely three.   Now the millennial generation is developing a whole new pattern when it comes…

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