Warkentin Group Private Wealth Management

April 2025

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Top 10 Tax Filing Mistakes to Avoid

Filing taxes isn’t exactly fun, but making mistakes can turn an already frustrating process into an expensive one. The last thing you want is to deal with penalties, delays, or an unexpected audit. So, let’s go over the top 10 tax filing mistakes and how to avoid them.

1. Missing the Deadline

Procrastination can be costly. If you miss the tax filing deadline, you could face late fees and interest charges. Mark your calendar, set reminders, and file early if possible...

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Protect Yourself from Online Financial Scams

Hey there! The online world is full of opportunities–but unfortunately, it’s also full of scammers looking to take advantage of unsuspecting people. According to the Canadian Anti-Fraud Centre (CAFC)1 over $600 million was lost to fraud in 2024. The first line of defense against fraud is simply educating oneself about the facts.

The good news? You can protect yourself. The CAFC website provides a wealth of information for anyone looking to become fully informed about the wide variety of methods fraudsters use to steal people’s money.

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Estate Planning for the Terminally Ill: A Practical Guide

If you’re between 35 and 65, chances are you know someone who has been diagnosed with a terminal illness. It’s a tough reality, but if there’s still time, helping them get their estate in order can provide peace of mind for them and their loved ones.

Why Estate Planning Matters

No one wants to see a lifetime of hard work eroded by unnecessary taxes. Without a proper estate plan, a significant portion of one’s assets could go straight to the government instead of their family. The Canada Revenue Agency won’t hesitate to...

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Commissions, trailing commissions, management fees and expenses all may be associated with segregated fund investments. Market performance of segregated funds is not guaranteed, their values change frequently, and past performance may not be repeated. Please read the prospectus of the segregated funds in which you invest. The information in this email newsletter is general information only and is not intended to constitute specific legal, accounting, financial or tax advice for any individual.

Warkentin Group Private Wealth Management
#906 - 363 Broadway Ave Winnipeg, MB R3C 3N9
Ph: (204) 414-2479