Shane Schepens

Dec 11, 2024 | bccpa.ca | Bilal Kathrada |Denise Deveau |Shane Schepens

A lot has changed over the past year, including the proposed capital gains tax changes in Canada, which took effect on June 25, 2024 and saw the capital gains inclusion rate increase from one-half to two-thirds for capital gains in excess of $250,000 per year for individuals, and on all capital gains for corporations and most types of trusts. This is important to note if you sold capital property any time in 2024 and have capital gains or losses to report on your 2024 income tax return.

Nov 6, 2024 | bccpa.ca | Denise Deveau |Shane Schepens

Some parents wait until their kids are almost teenagers to start teaching budgeting. But experts will tell you that you can start to lay the groundwork from a much earlier age. “It’s so critical, especially at a very young age, to expose kids to very simple financial scenarios,” says CPA Roshan Quraishi, financial consultant, William Osler Health System in Brampton and a financial literacy volunteer.

Nov 5, 2024 | bccpa.ca | Shane Schepens

Over the past decade, budgeting apps have gained a lot of popularity, meeting the diverse financial needs of individuals, couples, and families. These financial management tools range from basic budgeting tools to advanced platforms focused on investments and financial goal tracking. With Mint now discontinued in Canada, many users have been on the hunt for alternative budgeting apps.

Oct 16, 2024 | bccpa.ca | Shane Schepens |John Oakey

Are you ready to turn your financial dreams into reality? Imagine having a clear, visual roadmap to guide you towards your financial goals. Enter the financial vision board - a powerful tool that can transform your financial aspirations into tangible targets. It’s similar to a traditional vision board used for personal goals, but with a laser focus on your financial ambitions and the lifestyle you desire.