IMACA.CA

OUR VALUE PROPOSITION

TRUST

EXPERTISE

INDEPENDENCE

ATTENTION TO DETAIL

RESPECT CLIENTS AND COMMUNITY

Our Value Proposition is uncompromisable. Our clients appreciate the peace of mind this provides.

TRUST: Trust is like a currency. Everything we do is based on trust. As a professional CPA CA, this is paramount.

EXPERTISE: Chartered Accountant, past CFO, practical, real life experience of over 35 years. Expert at dealing with financial institutions to better help you navigate those complex waters.

INDEPENDENCE: Not affiliated with any financial service company; you always come first. We follow Canadian Institute of Chartered Accountants (CICA) ethics and professional guidelines.

ATTENTION TO DETAIL: We personally look after you, not an app. You are not a number to us. You are important!

RESPECT CLIENTS AND COMMUNITY: Without it, nothing else really matters.

REAL LIFE STORIES:

To add perspective, here are a few recent real life stories:

Retirement Income Planning: A Business owner having multiple assets and sources of income, about to retire, materially maximized his after tax income thorough the Retirement Income Process. This included timing of CPP and reducing CPP claw backs.

Estate Planning: Significantly reduced taxes and market risk by restructuring investment holdings using our philosophy. This avoids probate costs, makes timely payment to beneficiaries, estate privacy, and most importantly secure in the knowledge that their final wishes will be respected. And making sure you don’t outlive your money.

Wealth Accumulation: Being several years from retirement and realized had not saved enough, restructured investments and set up a realistic plan, increased their confidence for retirement.

Individual Pension Plan: Several successful business owners with solid retained earnings transferred these tax free, to their individual personal pension plans that we set up. The entire amount was deducted from taxes. The investments are potentially capital guaranteed and creditor proof. This became even more popular when the Government recently disallowed many dividends to family members.

Pension Plan Transfer: Leaving an employer has most people unclear of their pension plan options. HR provides minimal guidance. We explained the various options. This helped protect and accumulate their wealth and helped during a stressful period.

Income Splitting (big savings): People mistakenly believe that their tax preparation service identifies all income splitting opportunities. Most preparers not only fail to identify all opportunities, but they miss even the most basic ones.

The reason is that most tax software requires the preparer to identify the opportunities. We do not prepare tax returns. We do identify tax saving opportunities. In one example, a married couple saved $6,000 in tax by a simple investment reallocation process. This paid for their month in Florida in the winter!

These are a few examples. The intent is to provide an overview as to some of the opportunities available when reviewing your financial affairs with an experienced professional, who not only is a Chartered Accountant that has been responsible for the financial affairs of large corporations, but also has real life personal experience to draw upon.

Perhaps you are doing things on your own. Maybe you cannot find the right person. Or maybe you had a bad experience in the past. Perhaps you are working with someone but feel they have not listened in detail to your needs. Are you sure they have identified all tax savings, and are growing and preserving your wealth / estate, and finally providing just good plain old fashioned professional advice?

Feel free to contact us for a second opinion. At worst, you will confirm that you are on the right path. At best you will discover a problem you did not know you had and see a solution you did not know existed. At the very least you will make a new acquaintance!

PRODUCTS AND SERVICES:

Unlike may others who try to promote a specific product, we listen to your needs and find the optimal solution. We can obtain most products and ensure your custom solution uses the one best suited for your needs.

Some of the products and services, or tools we use are:

Segregated funds (guaranteed and non guaranteed, tax preferred with market value resets and death benefit guarantees), mutual funds (regular and tax preferred corporate class), Guaranteed Investment Certificates, life insurance including permanent, term and hybrid, Juvenile life insurance savings plan, tax preferred corporate owned life insurance, critical illness and disability insurance, Business Owner Buy/Sell Agreement Funding, Group Benefits, Group Retirement Savings, Group Employee Education, Business Succession Planning, Individual Pension Plans, employer pension plan commutation, technical analysis of complex insurance products, amongst many others. Please contact us if you have a specific question.