Featured Article 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 employees to reduce the cost of medical expenses. While it is similar to health insurance, it does not work in the same way. An HSA works by eliminating the taxes on medical expenses by allowing... 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 to take more personal and financial risk in order to gain more personal... Read more
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 incorporation is still a good idea. Read this article to find out: Read more
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 financial professionals have a wide and diverse portfolio of products to offer.... 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
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 find out five effective tips that you should be utilizing right now. Read more
Small Business Tax Credit and Deductions [Tax Planning 101] For most people (like salaried workers), taxes are due April 30 at 12:00 AM (Midnight). Canada has some new tax credits that you’ll want to know about. Additionally, they’ve... Read more
How to pay less income tax in Canada With a little planning and research, you can pay less income tax in Canada: Read more
Five Tax Tips for Small Business Owners in Canada Updated April 18, 2018 The 2018 tax season is upon us! Tax time can be stressful for most, but especially for time-crunched small business owners. However, being informed can... Read more