Top Tax Mistakes Made by Entrepreneurs

Top Tax Mistakes Made by Entrepreneurs

Many entrepreneurs make basic tax planning mistakes that can potentially cost them thousands of dollars per year. Some of these include not claiming relevant business expenses, not incorporating their business and not consulting with a tax and accounting professional;...
Small Business Tax Tips

Small Business Tax Tips

There are a number of different tactics that small businesses can use to remain competitive… and save taxes in this market. Some of these tactics include writing off business expenses, using the small business deduction, declaring a bonus and maximizing tax...
This Week in Small Business: the Van Halen Principle

This Week in Small Business: the Van Halen Principle

New macroeconomic policies and changes in the Federal Budget have large economic tax implications for small business owners in Canada … The recent Federal Budget has altered tax legislations that may large looming tax implications for small business owners. This...
Slash Your Taxes

Slash Your Taxes

Families can adopt a myriad of different strategies to reduce their tax obligations and increase their financial savings…. A few of these strategies include investing in the lower earner’s name, loaning money to a spouse, setting up a spousal RRSP and...