14
Apr
Apr
Wondering about income splitting strategies?
The Canada Revenue Agency (CRA) prescribed rate is at a low one percent, which has opened up the opportunity for …
Category Archives: Advice
Annoying as it is for many individuals across the Great White North, every year the Canada Revenue Agency regularly reviews returns after sending out a …
17
Feb
Feb
Are you getting a monthly balance sheet statement from your bookkeeper?
Ask yourself whether your books are really in order or are you just trying …
11
Feb
Feb
Are you getting a profit and loss statement regularly? Because you should be getting one every month, at least.
Be honest with yourself. Are your …
03
Feb
Feb
What can you do now if you plan to sell later?
Selling a business requires a lot of planning, or at least it …
20
Jan
Jan
Wondering if it’s a good idea to file income taxes on your own?
If you have a simple tax situation—just a T4 and an RRSP …
10
Dec
Dec
Wondering How to Raise Prices Without Losing Customers?
The Consumer Price Index (CPI) rose 4.7% (on a year-over-year basis) in October 2021. This was the …
26
Nov
Nov
Do you need help with your income tax return?
You can get help from an accounting firm, an independent tax professional, an economical franchised tax …
22
Oct
Oct
Want to know how to manage your time and get more done effectively?
Creative entrepreneurs are known for abandoning the ‘traditional’ workday, for more interesting …
08
Oct
Oct
Are you the sole proprietor of a Canadian business now earning enough profit to use incorporation as a tax advantage?
Right now, as a sole …