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Tax Tips for Filing Your 2024 Income Tax Return

Tax Tips for Filing Your 2024 Income Tax Return

by 3 Planning Group | 2025, Blog, financial advice, incorporated professionals, Individuals, investment, pension plan, personal finances, Professionals, tax

The deadline for filing your 2024 income tax return is April 30, 2025. Stay informed about the latest tax changes and benefits available to maximize your savings and ensure compliance. This guide outlines the key updates and important deductions and credits separated...
The Health Spending Account for Business Owners and Incorporated Professionals

The Health Spending Account for Business Owners and Incorporated Professionals

by 3 Planning Group | Blog, financial advice, Financial Planning, insurance

Are you tired of using your hard-earned after-tax dollars to cover medical expenses? As a business owner, the burden of managing healthcare costs can be overwhelming. However, there’s a little-known solution that can alleviate this financial strain – the...
Stay Ahead in 2024: A Comprehensive Checklist for Federal Tax Updates

Stay Ahead in 2024: A Comprehensive Checklist for Federal Tax Updates

by 3 Planning Group | 2024, Blog, Business Owners, Family, financial advice, Financial Planning, Individuals, investment, retirees, Retirement

With the upcoming 2024 Canadian tax rule changes, it’s important to review your financial strategies. We’ve identified the key changes that we expect to influence financial decisions for investors, business owners, incorporated professionals, retirees, and...
Tax tips to know before filing your 2023 income tax

Tax tips to know before filing your 2023 income tax

by 3 Planning Group | 2024, Blog, Corporate, Family, financial advice, Financial Planning, tax

This year’s tax deadline is April 30, 2024. It’s important to make sure you’re claiming all the credits and deductions you’re eligible for. We’ve separated this article into 2 sections: What’s new for 2023Individuals and FamiliesWhat’s New for 2023Advanced Canada...
Empowering Your Family’s Financial Future: A Comprehensive Guide to Budgeting

Empowering Your Family’s Financial Future: A Comprehensive Guide to Budgeting

by 3 Planning Group | Blog, Debt, Disability, disability insurance, Family, financial advice, Financial Planning, Individuals, insurance, RDSP

Taking charge of your family’s financial well-being through effective budgeting is a crucial step in securing a brighter future. We’ll explore the significance of budgeting and provide practical tips to help you manage your money wisely while ensuring the...
TFSA vs RRSP – 2024

TFSA vs RRSP – 2024

by 3 Planning Group | 2024, Blog, Business Owners, Estate Planning, Family, financial advice, Financial Planning, Individuals, investment, personal finances, Professionals, Retirement, RRSP, Tax Free Savings Account

Tax-Free Savings Account vs Registered Retirement Savings PlanWhen looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. To assist you in understanding the...
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3 Planning Group is not a registered dealer or adviser. Portfolio management services are provided by registered portfolio managers under separate referral arrangements. Information on this site is for advisors considering a business transaction and is not investment advice.