The Small Business Outlook
Dividends vs Wages (Salary): Which Is Better for Small Business Owners?
As a small business owner, is it better for you to pay yourself in dividends or wages (salary)?...
By Morgan Berna on January 16, 2020
19 Personal Income Tax Tips for 2019 in Canada
The biggest expense for most Canadian families is income tax. Not knowing the options available to...
By Morgan Berna on January 8, 2020
2019 Tax Tips and Highlights from the CRA
Here is a compilation of the latest news from Canadian Revenue Agency (CRA) as well as some changes...
By Alden Hui on June 3, 2019
7 Key Health Spending Account Rules that you should know
A Health Spending Account (HSA) is a tax-free benefit which allows small business owners and their...
By Alden Hui on April 25, 2019
Financial Planning 101: Tips for Small Business Owners
If you own a business, you know about risk and opportunity. Compared to many people, you’re willing...
By Michael Wickware on September 20, 2018
Is it Worth It to Incorporate your Business given the New Tax Rules?
With new tax rules put into place for small business, let's take a critical look at whether...
By Gabrielle Loren on September 7, 2018
Critical Small Business Tax Advice for Accountants to attract clients
The best way to keep a client is to know what is truly best for them. The world’s leading...
By Alden Hui on August 8, 2018
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 (12-2-2020)...
By Alden Hui on June 11, 2018
5 Tips on How to Save Income Tax in Canada
Are you a Canadian looking for strategic ways to save money on your income tax? Keep reading to...
By Allan Madan on May 18, 2018