Debt Shield Canada

04/17/2024

Here is a summary of yesterday's Federal budget:

Highlights:
1) No changes to personal tax brackets
2) Capital gains inclusion rate increases from 50% to 66.67% for realized capital gains that exceed $250,000 for individuals after June 25, 2024
3) Capital gains inclusion rate increases from 50% to 66.67% for corporations and trusts
4) Home buyers' plan withdrawal limit is increasing from $35K to $60K
5) The Federal government will allow individuals to claim 80% of the charitable donation tax credit, up from 50% when calculating the Alternative Minimum Tax (AMT)
6) The Federal government kept its proposal to include 30% of capital gains on the donation of publicly listed securities in the calculation of AMT. Whether the 30% inclusion rate is enough to trigger the AMT will depend on the donor's specific situation.

Contact us at https://api.leadconnectorhq.com/widget/bookings/debtsheildcanada to see how you can best navigate this new financial landscape to secure your financial freedom!

04/16/2024

Breaking news- Canadian government proposes massive tax hike for capital gains for the first time in over 20 years from 50% to 66.7%! This is extremely concerning for all businesses and people ALREADY struggling with debt.

Tune in and reach out to us if you’d like a free 10-15min consultation with our debt professionals to see how to navigate this new roadblock to financial freedom:

https://api.leadconnectorhq.com/widget/bookings/debtsheildcanada

04/08/2024

🔍 Explore DebtShield Canada for Expert Debt Relief Solutions!

Struggling with overwhelming debt? DebtShield Canada offers professional debt relief services tailored to your unique financial situation.

Visit their website to discover how they can help you:

Reduce your debt burden by up to 90%
No personal liability on business debt - Save your assets!
Negotiate with creditors
Consolidate debt into manageable payments
Provide financial education and support
Take the first step towards financial freedom with DebtShield Canada today!

[https://debtshieldcanada.com/]

04/07/2024

📣 Attention Business Owners! 📣

Are you feeling overwhelmed by the stigma surrounding bankruptcy and debt consolidation? It's time to break free from the misconception that these financial tools are a prison sentence.

Discover how bankruptcy and consolidation can be powerful financial tools to help you regain control of your business's finances. Learn how to turn challenges into opportunities and pave the way for a brighter financial future.

Read more about the truth behind bankruptcy and consolidation in this insightful article by RBC Royal Bank.

Don't let stigma hold you back. Empower yourself with knowledge and take charge of your financial journey today!

Read the full article here: [Link to the RBC Royal Bank article]

Potentially facing business bankruptcy? Here are the top 10 questions answered on filing, settling debts and moving forward.

04/06/2024

🚀 Transform Your Financial Future with DebtShield Canada!

Ready to break free from the shackles of debt? Look no further than DebtShield Canada for expert guidance and support.

Their team of professionals is dedicated to helping you:

Eliminate debt stress
Reduce your debt by up to 90%
NO PERSONAL LIABILITY - protect your pension, house and livelihood.
Negotiate with creditors on your behalf
Restore your financial well-being

Take control of your finances and embark on the path to a debt-free life with DebtShield Canada by your side!

[https://debtshieldcanada.com/]

04/06/2024

Money grab? Comment your thoughts on this

04/06/2024

📣 Calling all Small Business Warriors! 📣

Struggling under mountains of debt and a challenging business environment? You're not alone. According to a recent report by Retail Insider, many small businesses in Canada are facing significant hurdles.

But here's the silver lining: Our expert team specializes in helping businesses like yours reduce their debt by up to 90%.

Book a free private and confidential consultation today to explore how we can help you navigate through these challenges and secure a brighter financial future.

💼Don't let debt hold you back. Take the first step towards financial freedom today!

💡

Read the full article here:

Dan Kelly says that only 27% of businesses have fully recovered and that without support, more could fail as we head into the summer.

04/06/2024

📣 Attention Business Owners! 📣

Are you feeling the pressure from recent CRA audits and clawbacks related to COVID wage subsidies? The latest report from CBC News sheds light on the challenges many businesses are facing due to CRA demands.

But here's the good news: Our expert team can help you navigate through this. We specialize in helping businesses reduce their CRA debts, often allowing them to pay just 5 cents on the dollar they owe.

Check out this insightful article to learn more about how the CRA is clawing back wage subsidies and the impact it's having on small businesses across Ontario.

Stay informed and take proactive steps to protect your business's financial health. 💼💡

[https://www.cbc.ca/news/politics/cra-claw-backs-wage-subsidy-1.7034156]

The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process.

03/16/2024

🌟 Are you feeling overwhelmed by debts owed to the CRA for wage and rent subsidies received during COVID-19? Don't panic! We're here to offer you relief without any personal liabilities. 🌟

💰 Save hundreds of thousands of dollars with our expert assistance. If you're unable to repay these loans and the CRA is demanding payment, we've got your back. Our team specializes in navigating the complexities of CRA debts related to government subsidies, ensuring that you can overcome financial challenges without sacrificing your business's future.

🔍 Our proven strategies have helped numerous businesses like yours regain financial stability and peace of mind. Let us guide you through the process and provide you with the support you need to thrive.

✨ Say goodbye to stress and hello to financial freedom. Contact us today to learn more about how we can help you find relief from CRA debts, protect your business, and secure a brighter tomorrow. No personal liabilities. Just results.