Small Business Owners: Should You Pay Yourself a Salary or Dividend?
An incorporated business is a separate entity, and the income from the business belongs to the corporation, not the business owner. The small business owner… Read More
Succession planning to protect your business and family’s legacy
Succession planning can be a complex topic to tackle for family businesses. It can also get complicated and emotional depending on the family and business… Read More
How to Prepare for the Sale of Your Business
Selling your business can be a complex and emotional decision. It can be hard to let go, especially if you’ve put so much time and… Read More
Estate Planning: Weighing the Pros and Cons of a Family Trust
When it comes to estate planning, there is no one-size-fits-all formula. As a small business owner, you must have seriously considered your estate planning… Read More
What is Personal Real Estate Corporation (PREC), And How Does It Work?
Canada’s real estate market has been buzzing hot. Many Canadians are working as real estate agents under sole proprietorship. It means their finances are not… Read More
How Can Farmers Benefit From Cash Accounting
Owning a farming business in Canada has its benefits. The Canadian Revenue Agency (CRA) allows farming business to report their income… Read More
9 Questions to Ask Your Business Accountant Every Year
Your accountant or CPA partner can be more than someone who files your taxes annually. Our accountants are well-versed in many functions beyond annual… Read More
Contractor or Employee: Which is Better for Your Business?
As your business grows, you will start to hire help to keep up with growth opportunities. In addition, you might want to expand your team… Read More
Basics of Tax Planning for Farmers: What are Your Tax Benefits?
Farming is an occupation for some and a hobby for some. But if farming is a source of income, wherein you own and operate farms… Read More
