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How to use income splitting to reduce your tax bill

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.

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Selling your small business: Share sale vs asset sale

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

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Is a Group RSP right for your small business?

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?

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7 simple ways to organize your receipts

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.

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Choosing the right business structure

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

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

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

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What Are the Canadian Tax Responsibilities when Closing a Business?

There are a lot of steps you need to take when closing your business. Not knowing what the tax obligations are could end up costing you a lot of money.

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3 Things You Need to Know About Taxes and the Sharing Economy

There are lots of ways Canadians are taking advantage of the sharing economy, maybe without even knowing it.

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5 Tax-Saving Strategies for Canadian Small Business Owners

There are a number of simple, effective money-saving strategies that small business owners can use to optimize their year-end tax planning.

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Choosing the Right Accounting Professional for Your Small Business

In addition to helping prepare and file your annual income taxes, an accounting professional should look below the surface to see what help you need specifically for your small business.

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