Featured Article Tip: Supplement health insurance by eliminating taxes on premiums Supplement your health insurance plan with this simple tax account for small business owners. Paying for expensive premiums, non-reimbursed medical expenses, and other associated costs is easy when you can pay using before-tax dollars. See how: July 3, 2018
What medical expenses can I claim on my taxes in Canada? Updated: Feb 4, 2021 Medical expenses can be claimed on your tax return through the Medical Expense Tax Credit (METC). The Medical Expense Tax Credit is a non-refundable tax... Read more
8 Commonly Overlooked Employee Benefits to retain employees Employee benefits are put in place to keep employees happy, healthy and productive. These all factor in to keeping your employee at the company. As a business owner, you have... Read more
Consider these Professional Corporations Advantages and Disadvantages For professionals (like lawyers, dentists, doctors, and accountants), incorporating allows them to offer their services through a corporate entity. However, professionals... Read more
Precisionwerkz - Small Business, Epic Story featuring Jay Wu Share your small business story by tagging your posts with #SmallEpic on social media! Small Business Epic Story Jay started off working in joinery back in 2003. Eventually,... Read more
How does the Medical Expense Tax Credit work in Canada? Note: this article is updated yearly to account for any change in the minimum threshold (1-24-2020) The Medical Expense Tax Credit (METC) is a non-refundable tax credit... Read more
ACE Architecture - Small Business, Epic Story ft. Coben Christiansen Share your small business story by tagging your posts with #SmallEpic on social media! Small Business Epic Story ACE is a collaborative design studio driven by big ideas. For... Read more
How does a Health Spending Account work for small business in Canada? Health Spending Accounts are a unique and affordable way for small business owners to reduce the cost of their medical expenses. Despite the plan's proven effectiveness, it... Read more
5 Different Types of Employee Benefits for a small business to know Employee benefits are non-monetary compensations provided to employees on top of their salaries and wages. These offerings are becoming the norm in many workplaces, as... Read more
Master Chocolat - Small Business, Epic Story ft. Bernard Callebaut Share your small business story by tagging your posts with #SmallEpic on social media! Small Business Epic Story Chocolate is Bernard's passion. His new company, Master... Read more
The Burning Question: Health Insurance is it Worth It? Health insurance is it worth it? The answer is... no (in most cases). Private health insurance in Canada is costly and ineffective for its intended purposes. There are five... Read more