Newsletter
Here’s the Information you’ll Need to Get a Business Loan
ON August 4, 2018Many businesses will at some point require a loan, whether to cover startup expenses, or some other financial need. Despite the fact that such loans are commonplace, far too many entrepreneurs are unaware of—and unprepared for—the type of requests for information that they will be faced with upon approaching a financial institution. Your reason for […]
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Ways entrepreneurs can conquer cash flow challenges
ON July 29, 2018As an entrepreneur, you have a lot on your plate as you build your business. Several concerns will vie for your attention every day, but of them all, perhaps the most important—and potentially the most challenging—will be cash flow management. Understanding cash flow is vital to the ongoing success of your business, but the average […]
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Tax Tips Traps – 1st Quarter 2018
ON April 5, 2018TAX TICKLERS INCOME SPRINKLING: Where Are We Now? INPUT TAX CREDITS: Checking Up On Suppliers MARIJUANA: A Growing Industry LOANS TO A RELATIVE’S BUSINESS: What Happens When It Goes Bad? BUSINESS FAILURE: Personal Liability for Corporate Tax Debt COMMISSION PAID TO A CORPORATION: Any Issues? TAX TICKLERS…some quick points to consider… Of the approximately 28 […]
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Vancouver Tax Deductions You Don’t Want to Miss
ON February 8, 2018A commonly held view of tax season is that it is unpleasant and stressful. Certainly, that may be the case for some people, especially if they miss deductions to which they are entitled. With more than 400 tax deductions available to Canadians, there are ample opportunities for you to save, and just as many opportunities […]
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Taking charge Of Your Tax Checklist
ON January 31, 2018There are quite a few things to consider where taxes are concerned. Keeping track of required documents, and even simply knowing what expenses are claimable or not, can be troublesome for many. The Canadian Tax system has more than 400 different credits and deductions, making it something of a challenge to know everything you are […]
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Top Year End Tax Planning Tips
ON January 16, 2018Tax season is on the horizon, and so as we enter a new year, we are preparing to pay for the old one. Perhaps you managed to find new ways to reduce the amount you will pay, taking advantage of all your options. But maybe you forgot, or simply didn’t know all the ways you […]
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Top Ten Canadian Tax Tips for Charitable Donations
ON January 4, 2018Many of us like to give to charity when we can because it’s a great way to help our communities and those in need. While the purpose of giving is obviously to help the recipient, it’s worth noting that there are benefits for the giver as well (aside from just making you feel good). So […]
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Contractors Vs Employees
ON December 11, 2017Are you considered an employee or an independent contractor? There are implications for both, so it’s important to be sure in order to avoid any surprises come tax time if the Canadian Revenue Agency (CRA) decides that you are mistaken. Independent Contractors Are Attractive to Employers Employers see certain benefits in hiring independent contractors, as […]
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Tax Tips Traps – Winter 2017
ON December 5, 2017TAX TICKLERS BUSINESS LOSS OR PERSONAL VENTURE: Can I Deduct Losses Against Other Income? GUARANTEED INCOME SUPPLEMENT: Change in an Individual’s Circumstance CHARITY FILING AND COMPLIANCE OBLIGATIONS: The CRA Has Checklists to Help DYING WITHOUT A WILL: Who Can Manage the Deceased’s Tax Affairs? OPERATING A BUSINESS IN THE U.S.: The IRS is Targeting Smaller […]
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Tax Planning Tips: What Receipts Should I Keep?
ON November 20, 2017When someone mentions tax planning time, it often calls to mind the vision of someone preparing their return, with papers and receipts scattered all about, while fingers fly over the numbers on a calculator. Many of us think of this time of year as stressful and disorganized, but there is no reason for it to […]
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