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Canada’s Tax Fairy Godmother Uniquely Qualified To Understand The Money Fears Of Canadians With Ten Years Of Unfiled Tax Returns, Self-Employed, And ADHD or CRA Anxiety

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Canada’s Tax Fairy Godmother Uniquely Qualified To Understand The Money Fears Of Canadians With Ten Years Of Unfiled Tax Returns, Self-Employed, And ADHD or CRA Anxiety

Published on November 14, 2022

It’s surprisingly common in Canada for people to fall ten or more years behind on filing their taxes, according to Debbie Horovitch, a virtual tax professional based in Toronto, who has worked with more than 300 people in two years.

At the start of the pandemic, Horovitch completed her first tax office seasonal contract and was unsure what to do next. To generate some income she shared in a Facebook group about her experience of avoiding taxes for self-employment for ten years, the CRA’s unnerving efforts to get her to file, and the lessons learned on her journey to overcome financial illiteracy. She encouraged people with messy situations to reach out for a different type of help, and the post exploded with comments that triggered a stream of people messaging her to see if she could help. Since then referrals and testimonials generate most of her clients.

Why it happens is largely a mystery, but Horovitch feels it’s likely due to a key difference in the tax systems of the USA and Canada: Americans are generally taxed low on their paychecks, and then owe a balance of income tax to the IRS the following year, while Canadians are taxed much higher on their paychecks and so most tax returns have refunds.

According to the EFILE Association of Canada, the 2021 tax season saw 74% of tax returns had a refund amount, or would likely qualify the taxpayer to receive benefits (Nil returns). As a result, the CRA focuses the majority of their resources on the people they know are most likely to owe taxes, and this allows anxious Canadians to continue avoiding filing their back taxes.

But aside from potentially losing out on expired amounts, extremely late-filing of taxes can create a unique type of stress and anxiety that most tax professionals are unable to truly understand, because they’ve never been multiple years late themselves, and because tax office marketing commonly focuses on also attracting sophisticated bookkeeping and corporate tax clients. Also, many tax offices are only open for new clients from February to the end of April each year, adding to the difficulty some people face in finding skilled help.

All these factors combine so that many people who fall behind on their taxes will just stop looking for help, and as a result unknowingly lose out on years of credits and benefits when the returns expire, ten years after the filing deadline. In some cases, especially people with children under age 18, expired tax returns can mean losing out on more than $10,000 per year in benefits.

Horovitch takes on new clients throughout the year, focusing on people who are up to ten years behind in filing, so that she can take the extra time they need to fully address their feelings about taxes and money.

Where many tax offices try to have their clients completed in less than an hour, initial calls with the Tax Fairy Godmother are often 45 minutes or longer. Then tax returns are worked on virtually, from her home office, with access to client information on the CRA website. Most clients will have an initial calculation of their tax situation estimated within 24 hours. This gives her clients immediate relief of their fears over potentially owing a large balance, because most will have a refund.

Horovitch also counsels her clients on their financial hygiene and makes referrals to other professionals if clients need more assistance than just tax returns. One of the common referrals she makes is to business author Mike Michalowicz and his books on key small business pillars of success, including his money management books PROFIT FIRST and the related children’s book My Money Bunnies.

Both books help people manage their money mindset and behaviours better, so they can reduce or eliminate the killer stress related to money issues. Horovitch has a special connection to Michalowicz’s books: her story of avoiding self-employed bookkeeping for years inspired Michalowicz to self publish PROFIT FIRST in 2014, as shared in the introduction.

Horovitch says “I don’t just do taxes for people. I hold a discreet, non-judgemental space for my clients. After speaking with me I want them to feel empowered and capable that they can overcome any financial stress they might be facing, and take control of their money mindset, to grow their self-confidence and help ensure their professional success. It’s not uncommon for people to say at the end of a call with me, it was like having a tax therapy session, and that they already feel a lot less stressed – that’s the most fulfilling thing for me to hear.”

Many of the tax credits that can be valuable for people to know about, need to be applied at the time of purchase or keep their receipts to document their qualification. To help people recognize the very common credits they can access throughout the year, Horovitch has published a Tax Tips eBook which is available for free on her website at https://start.taxfairygodmother.ca

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“One Month Reset: How to Transform Your Mind, Body and Soul from Pain in One Month” is Scheduled for Monday Jan 2nd, 2023

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“One Month Reset: How to Transform Your Mind, Body and Soul from Pain in One Month” is Scheduled for Monday Jan 2nd, 2023

Published on December 5, 2022

Shawna Cullen lived with all forms of pain for over 20 years that almost ended her life. Today she is in her best health. She is pain, medication, and addiction-free due to her exercise, frequency therapies, and detox cleanse.

Shawna Cullen, owner of iTFitsWell, just announced that she will be hosting the One Month Reset: How to Transform Your Mind, Body and Soul from Pain event on Monday Jan. 2nd, 2023. She is also an Ikaika training and wellness coach located in Grand Junction, Colorado.

This health transformation in one-month event will take place at 2518 Hwy 6&50, Grand Junction, CO 81505. This event will be live and there will be an option to attend via zoom.

Attendees will discover how to transform their lives from the inside out and help diminish their physical, mental and emotional pain in just one month.

“Our story defines us – it’s up to you what that definition looks like,” Shawna Cullen stated.

This event will help attendees learn how to reset their bodies from physical, mental and emotional pain in one month using natural resources through exercise, a detox cleanse, frequency therapies, and grounding.

“The detox cleanse, along with healthy lifestyle changes in diet and exercise, is specifically designed to be a simple and effective system to maximize your efforts to transform into your healthiest body and help you break free from the habits you may have cultivated over a lifetime that leave you feeling sluggish, foggy, bloated and tired. Your unhealthy habits may have also led to health challenges, sleep disturbances, weight issues, unhealthy food cravings, and digestive problems. Whether it’s one or all of these issues, or whether you simply want to be the best you can in mind and body, cleansing your body of toxins and unwanted wastes after an indulgent lifetime of abuse is necessary,” Shawna Cullen said.

“By giving your body whole, organic and clean foods, can result in incredible energy, and excellent health and vitality, as you peel off the pounds and transform yourself into the efficient, effective, and glowing machine it was meant to be! In 28 days, you will fuel your body with clean nutrition, while following a meal plan in order to transform from the inside out; adding exercise is highly recommended as well, which only supports and speeds up the process of reaching the goal of being your best self, physically and mentally,” Shawna affirmed.

Shawna explained, “Frequency-specific microcurrent (FSM), also known as frequency therapy, is a technique for treating pain, and other physical and mental aliments, by using low-level electrical current. The current is delivered to certain parts of your body in an attempt to relieve pain and other ailments. A frequency is the rate at which a sound wave or electronic pulse is produced. This measurement is registered in hertz (Hz). Frequency therapy can be supplied rough several different resources. Lens therapy, the Theraphi Bed, the Healy device, and the CM2 band are my main frequency tools.”

Cullen continued, “Frequency therapy has been around since the 1930s. Scientists discovered that they could destroy disease-causing microorganisms with the same frequency they emitted. A healthy body operates at a frequency from 62-72 megahertz. When this frequency drops below this range, the body becomes susceptible to illness, injury and disease.”

The term ‘grounding’ means direct skin contact with the surface of the Earth. It is a therapeutic technique that involves being still or active directly while touching the Earth with bare skin which electrically reconnects a person to the Earth. This is done by walking barefoot, laying down on the Earth, or submersing in water (i.e., ocean, lake, river); all grounding techniques can be done in dirt, grass, sand or water.

“There are grounding mats and wearables that can mimic the processes and effects of grounding, but nothing is as effective as the bare skin touching the Earth for an extended amount of time. When walking barefoot, or having the bare skin on the Earth, the body absorbs free ions from the Earth’s surface, which act as antioxidants. These antioxidants enhance the person’s health in many ways and leads to positive feelings in the body and mind.” she added.

“Grounding offers many health benefits, including improved sleep; reduced inflammation; improved tissue, cell, and muscle repair; enhanced blood flow; increased heart rate variability; reduced chronic pain; improved cardiovascular disease; and improved electrical activity in the brain. In addition, walking barefoot on the ground releases endorphins. This can improve our mood and counteract mental illnesses such as depression and anxiety. Walking barefoot also reconnects us with nature, which boosts our mental and physical states in general. Therefore, Earth’s natural healing energy should never be overlooked!” Shawna Cullen concluded.

For more information visit: http://itfits-well.com/

About Shawna Cullen

Shawna Cullen has a BA in kinesiology with a concentration in sports and fitness management, Cum Laude; with Spanish language study; Personal training 24 years. She has been certified in: Master personal trainer, health coach, sports specific training, strength & conditioning coach, sports nutrition specialist, group fitness training; 1st place NPC physique body building champ.

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Pro-Found Selected For Top Content Marketing Agency List by DesignRush

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Pro-Found Selected For Top Content Marketing Agency List by DesignRush

Published on December 5, 2022

Maine-based marketing agency Pro-Found is listed as a top content marketing agency in the United States by DesignRush. Designation is based on key performance indicators.

Pro-Found is pleased to announce its inclusion in the U.S. Top Content Marketing Agency list by DesignRush. Candidates are selected based on several factors that demonstrate their ability to foster strong business growth for their clients.

Stephanie Miller, company founder, is humbled by the designation. “Being recognized as a top content marketing agency is truly an honor. It’s gratifying to be rewarded for the work Pro-Found does for local Maine businesses. I am thankful for the relationships I have built over the years and proud to serve the clients who put their trust in me.”

While evaluating each firms’ past projects, success rate, and overall return on investment (ROI), DesignRush reviews portfolios to confirm the body of work showcases their expertise in action. Other qualities they look for include evidence of how the agencies can identify and meet the needs of each business and provide concrete results. Each candidate is also reviewed for mentions in the press, awards and recognition, social media presence and client reviews.

About DesignRush

DesignRush is a B2B marketplace that brings brands together with professional full-service agencies, web design companies, digital marketing firms, and top technology companies. Their executive team members are previous agency owners and executives who are uniquely qualified to determine if an agency meets the criteria to be featured.

About Pro-Found

2023 marks fifteen years that Pro-Found has partnered with local businesses in Maine and beyond, providing unique, affordable solutions to increase leads, sales and profits. Stephanie Miller created The Pro-Found Process to save business owners time and money by utilizing purposeful online content through websites, videos and published interviews. Pro-Found has a professional media division that produces industry-specific programs to spotlight top businesses, professionals and subject matter experts in a format that is appealing to consumers in today’s digital attention span era.

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Tom Rutkowski, President of Innovative Retirement Strategies, Interviewed on Podcast-Using Life Insurance to Invest in Real Estate

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Tom Rutkowski, President of Innovative Retirement Strategies, Interviewed on Podcast-Using Life Insurance to Invest in Real Estate

Published on December 2, 2022

Tom Rutkowski discusses using life insurance for real estate investing.

Questions covered in this interview include:

  1. Why would someone want to use life insurance to invest in real estate?
  2. Does it matter what kind of life insurance?
  3. I have a whole life policy. Could I use it for this?

Listen to the interview on the Business Innovators Radio Network: 

https://businessinnovatorsradio.com/interview-with-tom-rutkowski-president-of-innovative-retirement-strategies-discussing-using-life-insurance-to-invest-in-real-estate/

Tom explained: “Life insurance can benefit real estate investors in various ways. Leveraging the cash value of life insurance allows access to funds that could be used to purchase and maintain investments like rental properties. This allows investors to put their money to work in two places at one time. It’s important to remember that this is not an investment strategy without risk, so investors should weigh the potential rewards versus the risks before taking advantage of this option.”

In addition to leveraging life insurance for purchasing and upkeep of real estate investments, it can also be used as an income replacement tool for dependent family members in case something happens to the investor or their partner. If a life insurance policy has been set up, it replaces some or all of the income that would otherwise have been lost due to the investor’s death. This can help ensure that their family is taken care of and their investments are not affected.

Finally, life insurance policies can provide access to cash value which can be used for tax or retirement planning. Depending on the type of policy and its terms, investors may be able to borrow against the policy’s cash value to pay taxes or other expenses associated with real estate investing.

In conclusion, life insurance provides a flexible financial tool that can potentially benefit real estate investors in multiple ways. Whether it is used as leverage for purchasing properties or providing income replacement for dependent family members in case something happens to the investor, life insurance offers real estate investors an option worth considering when formulating an overall investing strategy.

Before deciding to use life insurance for real estate investing, it’s essential to research and consult with a financial advisor or professional who can provide personalized advice tailored to a person’s individual needs and goals. This will help ensure they make informed decisions that align with their long-term investment objectives. With the right partner, leveraging life insurance can be an effective strategy for creating wealth through real estate investments.

About Tom Rutkowski

Tom is a nationally-recognized expert in maximum over-funded life insurance for private banking and tax-free retirement planning. He holds an MBA in Finance from the University of Wisconsin, Milwaukee, and a BA in Economics from the University of California, Irvine. He currently resides in Boynton Beach, Florida.

Download his free e-book “Life Insurance 101” to get started now: https://bit.ly/3W8YE7y

Schedule a free 30-minute introductory call with Tom to learn more: https://innovativeretirementstrategies.youcanbook.me/

Recent news and interviews:

Discussing Using Life Insurance for Retirement Planning

https://authoritypresswire.com/tom-rutkowski-president-of-innovative-retirement-strategies-discussing-using-life-insurance-for-retirement-planning-interviewed-on-influential-entrepreneurs-podcast/

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