ACCOUNTANT EXPLAINS 2025 Tax Changes | TFSA, RRSP, FHSA, CPP, Tax Brackets, New Capital Gains Tax
Gabrielle Talks Money
@gabrielletalksmoneyAbout
Hi, I'm Gabrielle. I created my channel with the aim to help Young Professionals and Millennials achieve their Money Goals. After paying off $30,000 in Student Loans and saving up over $100,000 (all while traveling) by the age of 27, I purchased my first real estate property in one of the most expensive cities in the world. I have always been passionate about personal finance and wanted to share my money journey to becoming financially independent. I'm a designated CPA in both Canada and the US, and worked as a Tax Manager at one of the Big 4 Accounting Firms, advising Global 500 companies. After 7+ years, I gathered the courage to quit my 9-5 to start my own Tax Firm called Balance and Wealth CPA so I could make an impact in my own way. My mission is to guide business owners in Canada understand and navigate their business finances, so they can ultimately achieve financial independence too.
Video Description
Are you a six-figure Consultant, Coach, or Content Creator in Canada looking to save taxes, increase profits, and build wealth? ⚖️ Balance and Wealth CPA is a tax-specialized accounting firm providing customized tax advice. Get in touch: https://www.balanceandwealth.com/ 00:00 Intro 00:53 GST/HST Holiday 01:35 Tax Free Savings Account (TFSA) 03:38 Registered Retirement Savings Plan (RRSP) 05:47 Home Buyer’s Plan (HBP) 06:50 First Home Savings Account (FHSA) 08:56 Canada Pension Plan (CPP) 11:58 Tax Brackets 14:52 New Capital Gains Tax Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation. ________________________________ MY FAV TOOLS [WEALTHSIMPLE] Earn💰$25 Cash Reward when you sign up & fund a Wealthsimple Account: https://my.wealthsimple.com/app/public/trade-referral-signup?code=HJXFMQ [QUESTRADE] Earn💰$50 Trade Rebate when you sign up: https://questrade.sjv.io/gabrielletalksmoney ________________________________ FREE RESOURCES ➡️FREE BOOKKEEPING TEMPLATE https://www.gabrielletalksmoney.com/resources ➡️FREE BUDGETING TEMPLATE https://www.gabrielletalksmoney.com/resources ________________________________ CONNECT WITH ME 💼 Tax & Accounting Services: https://www.balanceandwealth.com/ 🌍 Blog: https://www.gabrielletalksmoney.com 📸 Instagram: @GabrielleTalksMoney ________________________________ WHO AM I: Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips. ________________________________ *This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).
Tax Planning Essentials You Can't Afford to Miss
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