Tax Management
Properly managing your taxes will always mean saving yourself money - we help you get a fairer and more efficient tax rate across all income levels.
Tax season doesn't have to be difficult, and neither should tax management.
We know from working with many clients that taxes are often a confusing and frustrating process – and oftentimes tax regulations and rules can be contentious even among auditors and regulators themselves.
That’s why we hold strong in our convictions that taxes should be simple, transparent, and managed from a comprehensive perspective that pairs both tax reduction strategies with further generating growth through tax-advantaged investment opportunities. Tax management and reduction shouldn’t come at the expense of your regular income or savings and our integrated approach allows us to address this concern.
In any case, whether you’re planning for your retirement and seek to maximize your Old Age Security and Guaranteed Income Supplements or you’re seeking to offset the capital gains from selling a property, we are equipped with many tools to support the mitigation of tax consequences for your needs.
Tax Credits
Tax credits are often an underutilized tool by many people but used correctly with the qualifying factors met, tax credits can be a powerful tool for generating a reduced tax liability over the course of a year.
Our team of professionals are familiar with all varieties of tax credits that may be applicable to you and our assessments of your financial situations will include a thorough review of the availability of tax credits.
Tax Advantaged Investments
Investments that come with tax-advantaged returns or credits can be a powerful tool in any investors portfolio as they often allow you to de-risk tax liabilities of various other investments and income sources. Our strong network of partners allows us a broad exposure to many unique investment opportunities given governmental tax benefits and our clients enjoy access to a variety of instruments that can support their tax planning.
Flow Through Shares¹
Working on the cutting edge of Canadian resource developments, our access to Flow Through opportunities related to Canadian development and exploration expenses allows us a strategic tool to target tax reduction goals during high income years for our clients to generate large tax savings and reducing marginal tax rates.
Strategic Registered Plan Management
Registered savings plans have always been an integral tool issued by the government to help Canadians better manage their taxation and savings. However, like any other tool, figuring out how to best optimize your registered plans comes with a comprehensive understanding of your goals and plans and we're here to take a long term perspective beginning with contributions and ending with melting down your accounts in a tax efficient way to help you support your lifestyle.
Disclosures & Disclaimers
¹ All private securities such as Flow Through Shares offered by Monic Financial Group are provided through our sponsoring firm Rethink and Diversify Securities Inc., a registered Exempt Market Dealer in the provinces of British Columbia, Alberta, Manitoba, Prince Edward Island, Saskatchewan and Ontario. The contents contained within this website is not intended to assist you in making any investment decision regarding the purchase of securities and is intended for informational purposes only.
The contents of the information contained within this site, while obtained from sources which are believed to be reliable, is not guaranteed as to its accuracy or completeness and confers no right to investors. The information contained on this site does not constitute an offer to sell or a solicitation to buy securities. The contents within this website are for informational purposes only and does not constitute advice or is intended to assist you in making investment decisions regarding the purchase of securities. You should not act on any information provided from this website without seeking professional advice.
Monic Financial Group Ltd. can only provide the products and services contained in this webpage to areas that are legally permitted at that time. There is no intention for Monic Financial Group Ltd. to provide information on these pages to persons or organizations who are in or reside in areas where laws/regulations restrict Monic Financial Group Ltd. from distributing such information. Further, while there may be updates, posts, and content added to the website, Monic Financial Group Ltd. is not obligated to continually update existing content or inform visitors of changes made.
