The Shareholder Loan

The Shareholder Loan

As a small business owner and perhaps sole shareholder of your business, you’ve probably heard about an account called a shareholder loan.  The company you own can loan you funds for various purposes.  Sometimes this in the form of advances you take throughout the...
Deduct Accounting Fees On Your Tax Return

Deduct Accounting Fees On Your Tax Return

Among the many deductions you can make on your annual tax return, did you know that you can also deduct any fees that you pay to an accounting professional or firm, for the preparation of any tax or accounting? Check out this great article from the Canada Revenue...