5 BULLET FRIDAYS - Tax Mechanic News, Tips & Strategies

Welcome to Tax Mechanic Insights! 📬

🌟 Old Age Security (OAS): Key Facts for 2025

🧾 What is OAS?

The Old Age Security pension is a monthly, taxable benefit for Canadians aged 65 and older. Many are automatically enrolled, but if you don’t receive a letter by the month after turning 64, you may need to apply.

📊 OAS Snapshot (2025)

👤 Do You Qualify?

• Full pension: 40+ years in Canada after age 18.

• Partial pension: At least 10 years.

• Time abroad may count via international agreements.

💵 Payment Insights

• Indexed quarterly for inflation.

• Delaying up to 70 increases benefits by up to 36%.

🗓️ Applying

1️⃣ Automatic Enrollment – Most people are enrolled at 65.
2️⃣ Manual Application – If no letter arrives, apply online, by mail, or in person.
3️⃣ Flexibility – You may choose or delay your start date for larger payments.

📌 Action Steps

• 🏦 Direct Deposit – secure and fast.

• 📝 File Taxes Annually – required for GIS.

• 📊 Use the Calculator – estimate your payments.

• ⏳ Consider Delaying – boost your pension by up to 36%.

📚 Source- Government of Canada – Old Age Security (OAS) Pension

$100M Leads: Strategic Signals from Hormozi

C-Suite Highlights

• Audience Scale: 180,000+ live attendees — proof of distribution power.

• Methodology: 200+ hours of prep; every tactic in the book used to launch the book.

• Positioning: A sequel strategy — Offers defined what to sell; Leads defines who to sell to.

• Strategic Discipline: Declined ~$50M short-term monetization to preserve brand equity en route to a $1B vision.

Strategic Intelligence Matrix

Private Analysis

Hormozi’s $100M Leads launch made the product its own proof: ads, content, and emails all drawn from its templates. The result was a live stress test with retention curves rising rather than fading.

Declining ~$50M was not sacrifice but brand arbitrage — trading near-term gain for long-term cultural power. In a world of information glut, leaders win not by withholding but by over-delivering at scale. Hormozi secures authority today while charting a billion-dollar runway.

Source- The Iced Coffee Hour Clips: YouTube

Mortgage Intelligence: Strategic Access to Capital in Ontario

C-Suite Highlights

• Client-First Alignment: Independent advisory prioritizing borrower outcomes over bank mandates.

• Full-Spectrum Capital Access: Residential, commercial, and tiered mortgage solutions (first–third).

• Barrier Reduction: Options designed for all profiles, including self-employed and credit-challenged.

• Strategic Guidance: Advisory across ownership stages—purchase, refinance, equity, and renewal.

Strategic Intelligence Matrix

Private Analysis

Ontario’s mortgage market is constrained by institutional gatekeeping. Genelle redefines the landscape by treating financing as a strategic partnership rather than a transaction.

Her approach—multi-tier lending paired with credit and income flexibility—removes traditional barriers. The foundation is trust: a referral-led brand that compounds authority and resilience in a volatile housing market.

For clients, the competitive edge lies not in access alone but in clarity and optionality—critical assets in an era of affordability pressure and debt complexity.

Contact Genelle Today: Mortgage Agent, Next Level Mortgage

📞 416-854-7697
✉️ [email protected]

🔒 Strategic capital access, reserved for those who act first.

Strategic Costs Judgment: Romanchuk v. The King

C-Suite Highlights

• Litigation Economics: The Court awarded a lump sum of $3,000 in costs, signaling a measured yet significant recognition of self-represented litigant effort.

• Precedent Calibration: The ruling reinforces judicial discretion to depart from Tariff schedules when fairness and proportionality demand.

• Conduct as a Cost Driver: Government concessions made late in proceedings were penalized through enhanced costs.

Strategic Intelligence Matrix

Private Analysis

This decision underscores a pivotal recalibration in cost jurisprudence. While the award is modest, its symbolism is weighty: the Tax Court recognized that systemic fairness cannot be constrained by rigid tariffs when government litigation conduct contributes to inefficiency.

For corporate boards, the ruling signals that strategic patience in tax disputes can yield compensatory outcomes, even when representation is lean. For policymakers, it is a reminder that procedural posture—not merely substantive tax law—can alter financial outcomes. The discretionary power exercised here widens the aperture for future claims of enhanced costs where state actors delay or concede only under pressure.

Source: Tax Court of Canada, Romanchuk v. The King, 2025 TCC 119

Featured TikTok: Understanding Old Age Security in 2025

In our latest TikTok video, Fraser explains Old Age Security (OAS)—what it is, who qualifies, how much you can receive in 2025, and strategies to maximize your benefits. He also highlights the clawback rules, retroactive payments, and why delaying until age 70 could increase your monthly income by up to 36%.

@taxmechanic

Here’s how Old Age Security works: who qualifies, how much you’ll actually get ($734–$808/month), and what the OAS clawback means if your ... See more

💡 Have questions about your retirement or OAS? Contact Tax Mechanic today for expert advice

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