a couple discusses tax strategies over a tablet

How to use income splitting to reduce your tax bill

Aug 14, 2019
While there are attribution rules in place that prevent income splitting, there are exceptions to the rules you can use to make income splitting work to your advantage and grow your family wealth.

Continue Reading
woman looking at a cash flow statement

5 cash-flow mistakes small business owners make

Aug 09, 2019
One of the most important things you can do for the financial health of your small business is to monitor your cash flow - the amount of money going in and out of the business. Sounds simple, right? But many small business owners find themselves with unexpected shortfalls.

Continue Reading
small business owner poring over paperwork

Selling your small business: Share sale vs asset sale

Jul 31, 2019
If you’re selling your small business, is it better to do a share sale or an asset sale?

Continue Reading
headphones placed on a laptop

Our favourite small business podcast episodes from July 2019

Jul 26, 2019
We list our favourite podcasts from the month that offer inspiration, advice and interesting information for small businesses.

Continue Reading
a hand writing the word TAX on a piece of paper

What you need to know about your Notice of Assessment

Jul 18, 2019
After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

Continue Reading
A jar full of money

Is a Group RSP right for your small business?

Jul 10, 2019
You’re likely familiar with the Registered Retirement Savings Plan (RRSP), which gives Canadians a way to shelter income tax until retirement, but have you considered a Group Retirement Savings Plan for your employees?

Continue Reading
a calculator, laptop and notepad used for receipt organization

7 simple ways to organize your receipts

Jul 04, 2019
Does the thought of organizing your receipts fill you with dread? We get it. It can seem overwhelming to keep track of your receipts on top of the busy demands of running your own business. But putting in the work now means you’ll save time when it comes to filing your taxes.

Continue Reading
Two business owners review documents

Choosing the right business structure

Jun 18, 2019
Choosing the right structure for your business can have implications on taxation, liability, and succession planning.

Continue Reading
a woman riding a bicycle

What you should know when making a will in Canada

Jun 10, 2019
A will is the foundation of your estate planning, helping protect your family and assets.

Continue Reading
a mother plays with her child on the floor

Can you get the Canada Child Benefit if you’re self-employed?

May 29, 2019
The Canada Child Benefit is a tax-free monthly payment for those with children under the age of 18.

Continue Reading
"I have not failed. I’ve just found 10,000 ways that won’t work." — Thomas A. Edison