Blog
December 2, 2022
What’s the difference between eligible and non-eligible dividends?
All types of companies pay out dividends. These dividends are a portion of after-tax profits from the business or investment income distributed to shareholders. This…
November 18, 2022
What is a Capital Dividend Account and How Can Small Business Owners Use It?
Do you own a private corporation? Then you should know about the capital dividend account (CDA), a special corporate tax account that enables shareholders to…
November 4, 2022
The Pros and Cons of a Holding Company for your Business
If you’re a business owner looking to protect and grow your assets in Canada, you might have considered a holding company for your business. A…
October 21, 2022
Is it better to take a salary or dividend from my business?
You might be both an investor and an employee of your business. Whether to take a salary or a dividend from your business tends to…
October 7, 2022
What you need to know about taxes and corporate investment income
Many businesses and corporations have different sources of income. For example, apart from their active companies, corporations may have other subsidiaries or investment holdings that…
September 23, 2022
Financing versus leasing a vehicle
You might be debating between leasing or financing a car when looking for a new car. When deciding between financing or leasing a new vehicle,…
September 9, 2022
How Management Companies Help Small Business Owners Improve Performance
Running a business is no child’s play. An entrepreneur wears many hats in marketing, accounting, human resource, operations, and management. You may hire employees to…
August 19, 2022
What you need to know about the Lifetime Capital Gains Exemptions
As a small business owner, not only should you plan for your business but also your personal tax situation. Your business is a large part…
August 5, 2022
Tips to Stay Organized with Your Bookkeeping
Bookkeeping may not always be at the top of your to-do list, but it is an important task to create a solid foundation for your…
July 22, 2022
How much cash on hand does your business need?
Most business owners would agree that having a cushion of cash on hand is essential for the health and longevity of their company. However, there…