Category: Corporate Tax

Corporate Tax, Professional Corporation
Maximizing Returns: A Comprehensive Guide to Structuring Compensation for Canadian Business Owners

Understanding what a compensation plan is and choosing the appropriate compensation method for your Canadian …

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Corporate Tax
Maximizing Returns: TFSAs Empowering Business Owners’ Financial Growth

For entrepreneurs with a corporate structure, deciding what to do with any excess profits can …

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Corporate Tax
Corporate Tax Deadline 2023

The 2023 Corporation Tax Deadline is Fast Approaching in Canada. As a business owner in …

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Corporate Tax
How to Determine Your Company’s Fiscal Year

What is a Fiscal Year? A fiscal year, also sometimes known as the financial, tax, …

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Corporate Tax, Real Estate
How Is Capital Gains Tax Calculated On Real Estate In Canada?

What is a Capital Gain or Capital Loss? When you sell a capital asset or …

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Corporate Tax
Tax Efficient Ways to Withdraw Money from Your Business

Business owners work hard to set up their businesses and generate profits. During the first …

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Corporate Tax, Tax Tips
What are Stock Options and How are They Taxed in Canada?

What is a stock option? Stock options are a financial tool that permits the option …

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Corporate Tax
CEBA Loan (Canada Emergency Business Account)

What is a CEBA loan? The government of Canada has provided small businesses interest free …

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Cloud Accounting and Bookkeeping, Corporate Tax, Professional Corporation
What is Cloud Accounting

More and more small businesses are turning to cloud technology for their accounting systems. But …

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How to Select a SR&ED Consultant
Corporate Tax, Professional Corporation, SR&ED
How to Select a SR&ED Consultant

Individuals and corporations in Canada can apply for lucrative tax credits for completing scientific research …

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The Tax Benefits of Shareholder Loans
Corporate Tax, Tax Tips
Tax Benefits of Shareholder Loans

As a shareholder of an incorporated business you should consider the possibility of issuing shareholder …

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Corporate Tax, Personal Tax, Tax Tips
How to Qualify for Ontario Interactive Digital Media Tax Credit (OIDMTC)

As there is a notable shift in the world due to digital technology forces, the …

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