Ryan Lamontagne Inc

2024 Tax Season

Our office is now ready to receive and process your 2024 tax returns.

Tax Checklists: Looking for help gathering your tax information?

Check out our library of tax checklists: https://www.ryanlamontagne.com/client-forms

When submitting tax return information, we encourage all clients to complete and provide a copy of our Tax Information Checklist, along with any application additional checklists (rental, self-employment, home office, vehicle expenses)

Client Forms - Ryan Lamontagne Inc. Ottawa's finest financial planning & financial services firm: Ryan Lamontagne: Financial planning: Client Forms

David Burnie, a certified financial planner at Ryan Lamontagne Inc., recently spoke with the Globe and Mail to discuss the government's proposed changes to capital gains tax and the impact it will have on doctors.

Changes to capital-gains tax may prompt doctors to quit, CMA warns Most physicians operate their practices as small businesses through medical professional corporations, which leaves them more sensitive to changes in capital-gains rules

2023 Tax Season
Our office is now ready to receive and process your 2023 tax returns.

Tax Checklists:
Looking for help gathering your tax information?
Check out our library of tax checklists: https://www.ryanlamontagne.com/client-forms

We encourage all clients to complete and provide a copy of our Tax Information Checklist, along with any applicable additional checklists (rental, self-employment, home office).

Important Filing Deadlines:
Trust tax return (T3) filing deadline: April 2nd, 2024

Personal tax return (T1) filing deadline: April 30th, 2024

Self-employed individuals and spouses filing deadline: June 17th, 2024

Client Forms - Ryan Lamontagne Inc. Ottawa's finest financial planning & financial services firm: Ryan Lamontagne: Financial planning: Client Forms

Notice to all clients who are/were employees of the Federal Public Service and are/were members of the PSAC union.

The Canada Revenue Agency has reached a settlement regarding the taxation of the lump-sum payment received by PSAC members under the 2020 Phoenix pay system damages agreement.

If you think you may be impacted by these changes, we encourage you to review the following information to better understand the changes, their potential financial impact, and the required steps that you must take.

https://www.ryanlamontagne.com/news/newsflash

Why more seniors are opting to stay put rather than downsize their homes?

Chris Ferris, CFP, CFA recently spoke with The Globe and Mail to discuss:

“A lot of our clients are either not planning to downsize, or if they originally planned on it, they don’t end up doing it,” says Chris Ferris, certified financial planner (CFP) at Ryan Lamontagne Inc. in Ottawa. “Many wait until it’s necessary for health care reasons.’

“They’re reluctant to give up their house and independence,” he says. “There’s that fear of what happens if we have another pandemic?”

“Once they looked at the numbers, they’re not coming out as far ahead as they might have thought,” he says. “Selling at a large gain is nice, but they’re turning around and buying or renting in a more expensive market, too. That dissuades a lot of people.”

Read the full article here:

Why more seniors are opting to stay put rather than downsize their homes Older Canadians are stymied by the process of buying and selling property, moving, land transfer fees, and downsizing furniture and other household items

Our office is now ready to receive and process your 2022 tax returns.

Filing Deadlines
Trust tax return (T3): March 31st, 2023
Personal tax return (T1): May 1st, 2023
Self-employed individuals and their spouses: June 15th, 2023

Gathering Your Tax Information
Looking for help gathering your tax information? Check out the tax checklists on our website: https://www.ryanlamontagne.com/client-forms

Questions?
You can reach us at 613-596-3353 or [email protected]

Client Forms - Ryan Lamontagne Inc. Ottawa's finest financial planning & financial services firm: Ryan Lamontagne: Financial planning: Client Forms

We are hiring!

We are looking for a Financial Planning Associate to join our team of professionals.

This role will provide the individual with great exposure and mentorship from some of the best in the industry, setting them up for a successful career as a financial planner.

Interested? Visit our Careers page to learn more.

Careers - Ryan Lamontagne Inc. Ottawa's finest financial planning and financial services firm: Ryan Lamontagne. Career Opportunities

Interested in ETF investing?

Our colleague Chris Ferris recently spoke with Investment Executive about how he would tackle investment portfolio construction using broad-based ETFs.

Check out the article here:

Broad-based ETFs or careful stock picks can work for large windfalls | Investment Executive Two advisors share their stock picks for large windfalls

*************** HOLIDAY SEASON OFFICE CLOSURE ***************

Please be advised that our office will be closed between Christmas and New Years in celebration of the Holiday season.

Our staff will be unavailable as of 12:00 PM on December 24th. Our regular operations will resume on Monday, January 4th.

Urgent Requests: In the event of an urgent request, please send an e-mail to [email protected] or call our main office line at 613-596-3353 and leave a voicemail in our general inbox. These inboxes will be monitored on a regular basis and someone from our office will be in touch as soon as possible.

Please accept our best wishes for a safe and happy Holiday season!

Another great article quoting one of our colleagues Chris Ryan.

If you or someone you know is a student, here are some great finance tips for the start of the new school year:

4 Money Tips for Students Before you start classes, and after the summer we’ve had, take a minute to prepare for what you can

A lot of great information on RESPs from our colleague Chris Ferris:

Back to School: What is an RESP? A smart way anyone can invest and get support for a child’s education – here’s how they help make those dreams a reality