by admin | Jan 23, 2018 | Business Advice, Self-Employed, Small Business, Taxes
Does your Canadian company do business in the US? If so, recent tax reforms may affect how you plan and execute your business activities. Part of the reform includes temporary tax cuts for some Americans and permanent cuts for corporations. It appears to benefit the...
by admin | Aug 15, 2017 | Entrepreneur, Saving, Self-Employed
Money Matters When I was 12 years old, I wanted to be rich. Other little girls had posters of boy-bands in their room and I had posters of Porsches. I didn’t grow up poor but we weren’t rolling in dough, either. Road trips and camping instead of flights and hotels....
by admin | Apr 15, 2017 | Entrepreneur, Self-Employed
As an owner, shareholder and active employee of your incorporated business, one of the first questions you may have is how is my corporation going to pay me as a shareholder? There are two ways to compensate a shareholder, by either paying yourself (the shareholder) a...
by admin | Mar 29, 2017 | Accounting Tips, Bookkeeping, Entrepreneur, Self-Employed, Startups
Starting a business can get very expensive very quickly. It’s important to make smart decisions so that you are making sure your debt is manageable and that all capital investment in infrastructure are necessities. It can be easy to jump the gun and go for fancy new...
by admin | Mar 6, 2017 | Accounting Tips, Entrepreneur, Self-Employed
Capital Cost Allowance, or CCA, is a term used by tax accountants to describe the annual deduction that is allowed on a Corporation’s income tax return for their capital assets. It is the tax equivalent of accounting amortization/depreciation. Examples of capital...
by admin | Feb 28, 2017 | Entrepreneur, Self-Employed, Uncategorized
Starting and running a business may be the most challenging and fulfilling thing you ever do in your life. The challenge is, if you’ve never done it before, starting a business is going to require a lot of learning. This is when we start to ask other successful people...
