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April 2019 Update

by | Apr 23, 2019

Don’t you just LOVE tax season?

No? You’re not alone. Really, Sandi is the only person who loves tax season. It’s one of the many reasons we keep her around. Someone has to like it. In fact, she likes it so much that she’s been volunteering in her community tax clinics, and even held a tax clinic by videoconference for the team at our sister company, Admin Slayer.

If you have better things to do than collect slips and fill out tax forms, the rest of us feel you. If you’re suddenly surprised that April 30th is arriving more swiftly than you expected, that’s not age, it’s just the truth. It’s probably something to do with Easter arriving so late in the month. Sure, we’ll blame Easter.

We do strongly encourage you to get that tax stuff together as soon as possible. All the accountants we know are working into the wee hours of each morning to get taxes filed and late arrival of documents means a late filing and potential penalties for you. If there’s anything worse than paying taxes, it’s probably paying penalties. If you’re completing your own personal taxes, carve a few hours out this coming weekend. You won’t regret it. Well, you might. But your taxes won’t be late.

When all that paperwork is over, you may find that you are receiving a refund or that you are on the hook for more money owed to the government than you’d truly expected. Neither situation is ideal, and both tend to encourage people to really start thinking hard about planning for the year ahead.

That’s right, it’s the time of year to contact your Friendly Neighbourhood Financial Planner (of course, anytime is a good time, but we do notice an increase around tax season).

Remember that the team at Spring Plans is exactly that – a team. Unlike your standard financial services firm (in so many ways!), with individual professionals operating under a single umbrella, we work together to design the right collection of information and ideas that will work for you, right now. While we’ll always assign one planner as your primary contact (the one who is in charge of leading your planning relationship), all of our team members pool their collective expertise and perspectives to develop your solutions and provide ongoing support. To be honest, it does take a touch more time than it would if we just had one person run with it, but the quality of the planning support you receive is demonstrably better when you get all of our noisy voices chiming in.

If you’re not quite ready for all that noise, we invite you to expand your knowledge with a little light reading.

This month, we’ve got your opportunities for learning dialed in, starting with Sandi’s Great Reads, featuring some of our favourite folks to follow, Julia’s book review on Charles Duhigg’s The Power of Habit, and some ideas on how to apply the power of Design Thinking to – yes, of course – your taxes

We hope you enjoy it all! If there are any topics you’d love to have covered, we’re always looking for great ideas. Feel free to contact our team at info@springplans.ca with yours.

Our news, updates, and practice notes are in our newsletter, which you can sign up to receive once a month at the link below. 


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Julia Chung

Co-Founder, Sr. Financial Planner at Spring Financial Planning
With twenty years' experience in the financial services industry, education in personal and corporate finance, business and family law, cross border planning, family dynamics, insurance, risk management, operations management, and strategy, Julia is a powerhouse financial planner committed to simplifying complex ideas into concrete, practical application.
Julia Chung

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