Kickstart Your Corporation - by Andrew Feindel (Hardcover)
Similar Products
Products of same category from the store
All
Product info
<p/><br></br><p><b> About the Book </b></p></br></br>"Most professionals just see their corporation as a holding company for investments that allow them to pay a lower tax rate, but the power of incorporation goes much further than that. The rationale for incorporation is the difference between paying income taxes at your personal rate, which can be as high as 53.53% or your corporate (Small Business Deduction or SBD) rate of 12.5%. But in addition to the (potentially substantial) tax benefits of incorporation, they also get increased flexibility in choosing which government programs to participate and invest in"--<p/><br></br><p><b> Book Synopsis </b></p></br></br><p><b>A detailed look at financial planning strategies surrounding professional corporations for doctors, dentists, lawyers, business owners and other Canadian professionals.</b></p> <p>If you're a doctor, a dentist, a lawyer, or a business owner--virtually any type of professional in Canada--you strongly <i>need</i> to consider how incorporating fits into your financial plan.</p> <p>A good financial planner should acknowledge they have absolutely no control of the markets. However, taxes are completely controllable, and having a corporation is a powerful tool that allows professionals to control their tax bill. Using a mix of personal observations, real-life examples, and strategy evaluations, this book guides the professional along their path to using their corporation in the most efficient way.</p> <p><i>Kickstart Your Corporation: The Incorporated Professional's Financial Planning Coach</i> is your practical guide to controlling your tax bill and taking advantage of all that a Professional Corporation has to offer. Drawing upon decades of hands-on experience in wealth management, author Andrew Feindel provides clear and accurate advice on making the incorporation decision, setting up and investing inside your corporation, optimizing your salary and dividend compensation mix, valuing permanent insurance on your corporate balance sheet, using prudent leverage, weighing the pros and cons of active or passive investment management, using alternative strategies like a Capital Gains Strip, Individual Pension Plans and Retirement Compensation Arrangements, and much more. This must-have book: </p> <ul> <li>Provides Canadian professionals with an accurate and straightforward investment and financial planning guide to incorporation</li> <li>Covers the basics of incorporating for the professional and business owner, including a review of the process and the costs to incorporate, and the likely benefits</li> <li>Analyzes the best financial strategy for various situations</li> <li>Offers real-world advice on structuring compensation, risk management, borrowing to invest, and the role of trusts in professionals' financial plans</li> <li>Written by a senior vice president at an independent leading-edge wealth management firm</li> </ul> <p><i>Kickstart Your Corporation: The Incorporated Professional's Financial Planning Coach</i> is essential reading for any professional who has incorporated and is looking to maximize benefits, and those wanting to incorporate for the first time with expert guidance.</p><p/><br></br><p><b> From the Back Cover </b></p></br></br><p>Are you one of the many professionals unnecessarily paying the taxman hundreds of thousands of dollars? In <i>Kickstart Your Corporation, </i> you'll find out if you are and, more importantly, how to put a stop to it. <p>In this book, accomplished financial analyst and planner Andrew Feindel walks you through the foundational and advanced subjects necessary to get a full grasp of how you can take advantage of a corporation's tax-efficient structure. With concepts like tax deferral and the small-business deduction, this book identifies all the potential perks and drawbacks to incorporating your professional practice. <p>Relying on personal observations drawn from his many years of experience in the field, the author also provides real-life examples and strategy evaluations to show you how others have used his techniques to save countless dollars on their taxes and improve their financial plans. <p>You'll learn the ins-and-outs of incorporating your practice and why to do it, how to invest money inside your corporation, how to optimize your dividend and salary mix, how to value permanent insurance on the holistic corporate balance sheet, how to use leverage prudently, how to evaluate the role of trusts, and alternative corporate income strategies like the IPP/RCA and a Capital Gains Strip. Finally, you'll learn how to put all of these strategies together with a comprehensive financial plan. <p><i>Kickstart Your Corporation</i> will show you how to take advantage of the increased flexibility afforded to you by incorporation. You'll learn to invest in those government programs that truly benefit you and how to avoid the rest. <p>Perfect for any doctor, dentist, lawyer, accountant, or business owner curious about the potentially beneficial effects of incorporation, <i>Kickstart Your Corporation</i> is also an invaluable resource for financial planners and consultants hoping to improve the guidance and advice they offer to clients. The book delivers a message that demands to be heard by any business owner or professional who wants to keep more of the money they earn.<p/><br></br><p><b> About the Author </b></p></br></br><p><b>ANDREW FEINDEL, CFA, CFP, CLU, CIM, CSWP, FCSI, FMA, CSA, HBA, </b> is Senior Vice President and Investment Advisor at Richardson GMP. He is a graduate of the Richard Ivey School of Business and the Stockholm School of Economics. He is a Chartered Financial Analyst and Certified Financial Planner.
Price History
Price Archive shows prices from various stores, lets you see history and find the cheapest. There is no actual sale on the website. For all support, inquiry and suggestion messagescommunication@pricearchive.us