Kerr Financial turned 45 years old!  Over the years we have worked with many successful Canadian families, helping them maximize their personal finan...

  Kerr Financial turns 45 years old!  Over the years we have worked with many successful Canadian families, helping them maximize their personal...

  Kerr Financial turns 45 years old!  Over the years we have worked with many successful Canadian families, helping them maximize their personal...

Managing Concentrated Stock Portfolio Risk: Strategies and Solutions “Success breeds complacency. Complacency breeds failure. Only the paranoid surv...

The Family Cottage: Managing Tax and Trust implications for Your Legacy For many, a family cottage is a treasured getaway, a place of relaxation and c...

In the world of financial planning, one strategy that has been particularly beneficial for high net-worth individuals in Canada is the use of prescrib...

As the RRSP deadline for the 2023 tax year approaches, remember, investing in your future is not just a February ritual but a year-round commitment. T...

Experienced investors typically approach risk assets with a long-term view, utilizing short-term volatility to invest in themes they believe will pan ...

Canadians now have several tax effective savings vehicles to choose from, with the new tax-tree First-Home Savings Account (“FHSA”), the tax-free ...

Registered Education Savings Plans (RESPs) are an important tool in helping families save for your children’s post-secondary education. RESP account...

The end of the year is almost here and many of us are looking forward to 2023. High inflation and rising interest rates have made managing our finance...

Overview of the Tax-Free First Home Savings Account (FHSA) As part of the 2022 Budget, the federal government introduced the Tax-Free First Home Savin...

How to inflation proof your financial plan 2022 has been a challenging year for personal finances. Poor market performance, high market volatility, an...

Managing a Concentrated Portfolio Holding “Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” ― Andy Grove The ...

Love & taxes - yes they do go together! With Valentine’s Day around the corner, are you part of the growing number of married Canadian’s looki...

“Snowbird’s dilemma” Buying versus renting and 7 factors to consider Are you a snowbird facing the dilemma of whether to buy or rent a property ...

Selling your business?  Here are 3 options & the steps you can take now If you are a business owner who is ready to move on from what you worked ...

Five Steps to Optimize your Financial Resources before a Liquidity Event A liquidity event is much more than just a sudden inflow of capital. For many...

Claiming Home Office Expenses in 2020 In 2020, a number of people worked from home for a part of the year.  Some returned back to the office, some ke...

Top 3 benefits of RESPs and how they can be used to attain your education goals Many parents are thinking of starting a family or already have young c...

Millenials and Gen Zers Finances during COVID-19 Along with the rest of the population, Millenials and Gen Zers have been coping with the repercussion...

Selling a Property in the US is Complicated Selling real estate in a foreign land is usually subject to income taxes, both in Canada and the host coun...

3 Advantages of Dealing with A Financial Planner The tools available to self-directed individuals to help them manage their personal finances has grow...

4 things you should do if you have lost your job No doubt, the COVID-19 crisis has produced massive layoffs as shown in the unemployment numbers.  In...

How to pay for the COVID-19 Government Debt? The parliament’s budget office (PBO) has stated that it is likely the federal deficit for the year will...

Much Needed - Payroll Tax Relief for Eligible Employers - through the TWSE In response to the COVID-19 crisis and the ensuing economic fall-out the go...

Keep your Employees on the Payroll The federal government responded to the economic fall-out from the COVID-19 crisis with the introduction of the Can...

Federal Government Support for small businesses or not-for-profit organizations With the economic fall-out from the COVID-19 crisis the federal govern...

Financial Assistance for Small Businesses Renting Commercial Property During COVID-19 - CECRA The government of Canada recently introduced the Canada ...

Opportunity with Tax Loss Harvesting When there is a decrease in asset prices there may be a tax planning opportunity in the form of tax loss harvesti...

Kerr Financial turned 40 years old!  Over the years we have worked with many successful Canadian families, helping them maximize their personal finan...

  Kerr Financial turns 40 years old!  Over the years we have worked with many successful Canadian families, helping them maximize their personal...

Supersize your retirement Retiring Canadians are downsizing their homes to supersize their lives in retirement.   If you are considering how to  ma...

Celebrating  post divorce freedom?! What happens when the party’s over and you’re the new CFO of your household? Krista Kerr, wealth advisor shar...

Let's be honest, for most of us, tax time is usually a nightmare. Krista Kerr has some tips on how to tidy up your financial processes so that taxes s...

Shocked by how much tax you paid this year?  Here are a few strategies to consider to reduce your families tax bill next year. Do you make large regu...

Could you benefit from an integrated team? Kerr's Toronto Wealth Management Team - recently participated by including a piece in the Toronto City Post...

The benefits of working with an integrated team when managing your taxes, investments and estate planning! It’s an exciting time for David and Saman...

Are you thinking of starting your own business? According to a recent report from BNP Paribas Global Entrepreneur, millennials are starting businesses...

Dear Canadian Residents - Your estate might be subject to U.S. estate tax! Most Canadians believe they are far from any exposure to U.S. estate tax be...

Have Harry and Meghan thought through their finances? Krista and Robert share financial tips for all engaged couples, royal or not.     RETURN T...

Krista Kerr - Advice on avoiding tax chaos Worried about your taxes?  Krista Kerr shares her advice on how to get through tax time.   RETURN TO HOME...

KRISTA KERR - Talks Tax: Worried about your taxes?  Krista Kerr shares three top things to keep in mind as you organize to prepare your families taxe...

In the March 22, 2017 federal budget, the government announced that, in order to achieve a more equitable tax system, tax planning strategies involvin...

Why defer tax when you can save it altogether? With the RRSP contribution deadline past, most Canadians have turned their attention away from tax brea...

Canadians may be able to brag to our American neighbours about being allowed to sell our principal residence free of capital-gains tax. But no doubt t...

Time is running out to max out your 2016 RRSP contribution. Amid the annual RRSP blitz from various financial institutions to invest before the March ...

It can happen - you get a tax slip late, or you fail to remember you owned an asset which generates income.  Or, maybe you received a tax refund last...

Tax, investment & financial planning strategies you need to know Stock options can be a lucrative bonus for high-achieving employees or a remunera...

Take control  of your finances with these easy financial planning guidelines The new year is well underway and it appears 2017 will be a year of con...

For a country that traditionally has eschewed high taxation, the United States nonetheless has a long fiscal reach beyond its borders. You don’t hav...

Airbnb is an innovative travel company that offers accommodations around the world in private homes. The advantages are lower costs and unique surroun...

Donating to charity brings a double benefit: you help a worthy cause – and you pay less income tax. The year is nearly over, but there’s still tim...

Upcoming Breakfast Seminar on U.S. Tax from 8:30AM to 10:30AM  Wednesday  December  7,  2016  @ KERR Financial (1000 Sherbrooke St. West, # 1600...

Substantial Presence Test - Tracking your days You can be deemed to be a U.S. resident for tax purposes and taxable in the U.S. on your worldwide inco...

In Canada if your income exceeds $200,000 you have graduated to the highest federal tax bracket. Congratulations! In many provinces this brings your m...

Every year, tax authorities make millions of dollars at the expense of taxpayers not claiming all tax deductions and credits available to their family...

With April fast approaching and tax season about to start it’s a good idea to get organized so that you can reduce your taxes or increase your refun...

Did you get “Hitched” in 2016? With Valentine’s Day around the corner, are you part of the growing number of married Canadian’s looking forwar...

It’s that time of the year again when you’re rushing around and trying to do more things than you have the time for. No, not holiday preparations ...

Since Canada makes up only a small fraction of the Global Investment Market, you may already have considered diversifying your portfolio with U.S. and...

There was much talk among tax professionals and taxpayers at this time last year about the new foreign reporting requirements issued by Canada Revenue...

On July 24, 2014, the Ontario budget was passed. With this, Ontarians can expect to see changes to their personal income tax rates. These changes incl...

As you gather your tax documents to prepare your 2013 income tax returns, it’s a great time to review your current financial situation with your fin...

The recent Canadian budget tabled on February 11, 2014 contained a number of measures intended to close perceived tax loopholes.  One measure, previo...

One of the more important strategies enabling individuals to reduce income taxes is income splitting between spouses.  However, with the increase in ...

WEALTH ATTACK – A SUMMARY The tax authorities may be after you! Tax authorities from around the globe and across Canada are focusing on individuals ...

Most individuals are aware that making a donation to a charity provides a fairly generous tax break.  For high income taxpayers, a cash donation prov...

Tax authorities are trying to balance the need to stimulate the economy with the need to reduce deficits and begin to reduce debt. If they try too har...

Quebec is again following the very poor practice of advising Taxpayers of what they owe as balance of taxes (plus adding interest), even though paymen...

A diligent client recently sent us an email purporting to come from the Canada Revenue Agency advising him of a refund available to him of $189.82.  ...