Health Spending Account CRA | Olympia Benefits Blog

Blog Articles by K. F.

Discover Eligible Tax Deductions for Independent Contractors in Canada

When tax time rolls around, independent contractors in Canada can claim a number of deductions related to the cost of doing business. This can work regardless of the field you are in. Independent contractors from writing and editing, truck driving all the way to web design can qualify. If you're an...

March 30, 2016

5 Ways Small Businesses in Canada Can Attract Top Talent

Small businesses face certain challenges when it comes to recruiting. It can certainly be difficult to attract top talent. Maybe you can’t pay wages as high as a larger...

The Next 5 Things You Should Do to Grow Your Small Business in Canada

Eventually you want your small business to grow into a big business, right? If that's true, then you should learn and implement these 5 big-business growth strategies to...

This One Method Saves Canadian Business Owners Thousands of Dollars

If you are a small business owner and have not yet heard of a Health Spending Account (or HSA), then it is time to learn of its absolute benefits, especially as it pertains...

Every Small Business Owner in Canada Should Know These 8 Key Advantages of Incorporating

Every small business person in Canada considers whether or not to incorporate their business at some point. If you’re currently thinking about incorporating your business,...

7 Critical Ways an Accountant Adds Value to an Incorporated Consultant in Canada

Considering the number of challenges that incorporated consultants in Canada face on a daily basis, the value of working with a dedicated professional accountant cannot be...

5 Reasons why CRM is Important for Small Businesses in Canada

Customer Relationship Management (CRM) is a system (usually software) that allows businesses to efficiently manage business relationships and the data and information...

The Biggest Misconception about Marginal Tax Rates in Canada

2016 tax season is upon us, and during this time many people often ask, “What are average and marginal tax rates?” This article will clearly explain the difference and...

Discover 6 Methods Used By Successful Financial Planners in Canada

Have you recently entered the field of financial planning? The financial industry is growing and constantly changing. During the next 30 years, trillions of dollars in wealth...

Building A Succession Plan For Your Small Business in Canada

Are you one of many Canadian small-business owners with no plan for passing on your business? Retirement is the most common reason owners exit their businesses, but that...

Small Business Tax Savings in Canada: Income Splitting

Incorporating your business and splitting your business income with family members can result in significant tax advantages beyond those available under reduced tax rates for...