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CRA payroll obligations employers need to know

How to fulfill your CRA payroll obligations as an employer.

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Year-end tax planning for farmers

When you’re busy with the harvest, or preparing for the upcoming season, taxes are probably the last thing on your mind. But there are year-end tax planning strategies you can use now to help reduce your tax bill.

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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

It can seem overwhelming to organize 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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Who can use the Canada Child Benefit

If you're self-employed and have children, take advantage of the Canada Child Benefit, a tax-free monthly payment for those with children under the age of 18.

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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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How the Sharing Economy Impacts Your Taxes

Discover how the sharing economy can impact your taxes.

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"It is our choices, that show what we truly are, far more than our abilities." — J. K Rowling