Blog

We are pleased to provide a variety of resources on accounting and assurance, financial planning, retirement and other related subjects that we hope will be helpful to both individuals and businesses.

Have a question that isn’t answered here? We can help. Simply contact us by email or give us a call at 905-474-0303. We would be happy to meet with you for a free, no-obligation consultation.

Disclaimer:
The content provided on this website is for general informational purposes only and is not intended as professional accounting, tax, or financial advice. While efforts are made to ensure the accuracy and timeliness of the content, errors or omissions may occur. The content does not constitute a client-advisor relationship. Readers should consult with a Chartered Professional Accountant or other financial professional for advice tailored to their specific needs. We are not liable for any actions one might take based on the information provided on this website.

14 January 2025
Tax Planning
CRA
Planning
The age at which you should start taking Canada Pension Plan (CPP) benefits depends on your personal financial situation, health, and retirement plans. You can begin taking CPP anytime between age 60 and 70, but the timing significantly impacts your ...
30 December 2024
Tax Planning
CRA
Planning
Saving
Taxes

Now that you understand how a RRIF works, you need to take the Tax Implications of RRIF Withdrawals into account to maximize your income. Not doing so could lead to lower returns in your pocket.

16 December 2024
Tax Planning
CRA
Saving
Taxes
This article is timely, with the end of the year in sight. A Registered Retirement Income Fund (RRIF) is a retirement income vehicle in Canada, designed to provide a steady income stream to retirees by converting savings from a Registered Retirement ...
12 December 2024
Business Planning
Government
The Canada Small Business Financing Program (CSBFP) is a federal initiative that helps small businesses obtain financing to start, expand, modernize, or improve their operations. Administered by Innovation, Science and Economic Development Canada (IS...
26 November 2024
Employment
Business Planning
The 2025 Canada Summer Jobs Grant program applications are now open until December 19, 2024 at 11:59 p.m. PST. ...

M Bloomberg Professional Corporation
95 Mural Street
Suite 203
Richmond Hill, ON, L4B 3G2
Phone: 905-474-0303
Fax: 866-606-9694