It’s almost here…the FIFA world cup is only 10 days away! This rare opportunity in our city is worth celebrating. We plan to host some watch parties at our office, and get together at the FIFA Fan Festival in Toronto. So be on the lookout for more information on this. For now, you can join the GMS FIFA World Cup 2026 Fantasy League for a chance to win some cash prizes (at least $500 in total cash prizes). It’s FREE, fun and an opportunity to showcase your knowledge of the game and participating teams. Enjoy this issue where I share key tax and financial planning tips to help you navigate both simple and complex tax situations. Don’t forget to register for our upcoming Tax-Efficient Wealth Summit and please remember to share this with your network:

1. Have You Registered for the Tax-Efficient Wealth Summit?

If you’ve not yet registered for the summit, hurry as the early bird pricing will expire on June 8th! If you’re considering ways to minimize your taxes and build wealth in a tax-efficient manner, then you should make plans to join me and my special guests on Saturday, June 20th at this year’s Tax-Efficient Wealth Summit.

This year, we also have a LIVE online stream option if you want to join us virtually.

We will focus on the 3 key tax-efficient asset classes used by the wealthy to build and accelerate wealth. For those attending in-person, you will have the opportunity to connect with others just like you and potentially build new relationships. For all attendees, it’s a great learning environment with the great speakers we have lined up this year.

To get all the event details and to register, go here. I look forward to hosting you again this year.

2. Do You Own A Corporation?

If you have a corporation with a December 31 year-end, your corporate tax return is due next month on June 30, 2026! So, it’s important to start planning to file on time to avoid late filing penalties and potentially high interest charges. At GMS, we help corporations with their tax compliance work and we also provide other additional value-added services such as:

• Streamlining and automating the majority of your bookkeeping processes
• Doing a cash flow and budget analysis for your corporation
• Estimating corporate tax liability and developing a plan for installment payment of your taxes
• Corporate tax planning including how to invest corporate dollars and how to properly use insurance within your business to mitigate risk and plan for retirement
• Corporate restructuring to ensure you’re organized in the most tax-efficient way
• Remuneration planning to ensure you’re taking money out of your corporation in the most tax-efficient manner
• How to use your corporation as a nest egg for your retirement in a tax-efficient manner.
• And many more…

If you’re looking for solutions for your corporation, consider working with me and my team at GMS Chartered Professional Accountants LLP. I invite you to book a complimentary time to chat with me here.

3. The Three Accelerators of Wealth

Why are the rich getting richer and everyone else getting poorer? Are the rich smarter than the rest of the world? Are they more talented? What do they know that the rest of the population does not know? The answers to these questions can be varied and sometimes complex.

It is certainly true that there are things that the rich know that the rest of the masses don’t know. In this article, I share three powerful accelerators of wealth that the rich have mastered. You too can learn more about these accelerators, master them, and employ them in your strategy as you build and grow your wealth. Read the full article here.​

4. Seven Reasons Why You Are Broke

In life, the majority of us start out broke but you don’t have to remain broke. This quote sums it up very nicely…

“Being broke is part of the journey. Staying broke is a f..king choice.” — auxx.me​

In this article, I highlight 7 reasons why you are broke. So, if you want to break the cycle of being broke, simply do the opposite of these 7 things I shared in this article. And next time when you hear yourself say “I’m broke”, come back to this article and read it again. When someone you know complains that they are broke, share this article with them. After reading this article several times, you will have what it takes to get the results you want in life. You have what it takes to make all the money you want. So, go for it! I’m cheering for you. Read the full article here.

5. Have You Seen the Podcast Episode?

Recently, I was a guest at Tobi Adekeye’s Wealth on Your Terms podcast where we discussed different ideas on how to minimize taxes and accelerate your wealth. If you’ve not seen it yet, you can watch it here and while you’re there, remember to subscribe to my YouTube Channel to get more valuable content that will help you live a tax-efficient life.