Business Owners & Professionals

Running your own business can be both challenging and exciting.  As business owner you have to wear many hats and in many cases are stretched out to the limit as you grow your business.   The Orgil Wealth Management Group works with our business owner and professional clients to help them navigate some of the many aspects of financial management that is not their core competency.

With the help of their other trusted advisors, we assist our clients in ensuring their corporation is structured effectively to take advantage of the many opportunities offered to business owners.   We also help uncover issues that may not have been addressed in the past.

Webinars:

Tax & Investment Strategies for Business Owners & Professionals

Part I - Personal Pension Plan (PPP) - The PPP is a relatively new and unknown strategy for Canadian professionals and Business Owners.   This strategy has some similar characteristics to strategies currently available but addresses some of their shortfalls.  Some of the benefits of this strategy include:
    - Creditor protection of your assets
    - Annual contribution is tax-deductible to your corporation
    - Administrative and management fees of the pension are tax-deductible to your corporation
    - Broader range of investment opportunities than an RRSP
    - Higher annual contribution amount than an RRSP contribution

Click here to watch the webinar.

 

Part II - Using Life Insurance to Maximize Investment Returns in your corporate account - In this session will focus on how the use of life insurance within the corporation can be used to maximize your investment returns in a tax-efficient manner.  Some of the key points discussed will include:
    - Can Life Insurance be treated as a distinct Asset Class?
    - How Life insurance complements a diversified portfolio
    - What does the risk/return profile look like
    - Accessing assets classes not available to the average investor
 We will also highlight a number of case studies to show how this works in the real world.

Click here to watch the webinar.

 

Part III - Tax-efficient Investment Strategies - In this session we will look at the various types of income that can be generated within the corporation and how it is taxed.  The session will also look at how to tax-efficiently structure the portfolio to maximize the returns while minimizing the tax.  Some of the key points discussed will include:
    - What is Integration and how does it work?
    - Active vs. Passive Income
    - Key tax rates
    - Investing personally vs. corporately
    - RRSP vs. Corporation

Click here to watch the webinar.

 

Part IV - Corporate Structures - How to set up your corporation - In this session we will discuss the various ways to set up and manage your business or professional corporation.  We will also discuss any benefits and limitations to various structures.  Finally, we will review the general tax structure as well as potential succession opportunities.

Click here to watch the webinar.