Category: Professional Corporation

Maximizing Returns: A Comprehensive Guide to Structuring Compensation for Canadian Business Owners
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 …

Read More

CRA Gift Tax Rules for Employers
Professional Corporation
CRA Gift Tax Rules for Employers

Generally, when an employee receives a gift or an award from the employer it is …

Read More

What Is A Minute Book And Why Do All Corporations Need One?
Professional Corporation
What Is A Minute Book And Why Do All Corporations Need One?

A corporation is a separate legal entity from an individual, meaning that its assets and …

Read More

Business Valuation Principles – Rules of Thumb
Professional Corporation
Business Valuation Principles – Rule of Thumb

If you are a private business owner in an industry with a high volume of …

Read More

What is Cloud Accounting
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 …

Read More

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 …

Read More

Corporate Capital Gains Tax Rate for Canadian Corporations
Corporate Tax, Professional Corporation, Tax Tips
Corporate Capital Gains Tax Rate for Canadian Corporations

New tax rules were implemented in 2019 by the Government of Canada regarding investment income …

Read More

How to Incorporate in Ontario
Professional Corporation
How to Incorporate in Ontario

What does incorporated mean Incorporations are a type of business ownership that forms a separate …

Read More

What are the Articles of Incorporation?
Personal Tax, Professional Corporation, Tax Tips
What are the Articles of Incorporation?

Articles of incorporation in Canada is a legal document required for the incorporation process and …

Read More

How to Convert a Sole Proprietorship into a Corporation
Professional Corporation
How to Convert a Sole Proprietorship into a Corporation

So your business is growing and you’ve heard that it could be beneficial if you …

Read More

The 4 Most Common Tax Write Offs and Deductions for Small Business
Corporate Tax, Professional Corporation, Tax Tips
Most Common Tax Write Offs and Deductions for Small Business

As a business owner, you care about two things and two things only, that’s increasing …

Read More

Incorporation Rules for Ontario Doctors & Dentists
Professional Corporation
Incorporation Rules for Ontario Doctors & Dentists

As incorporation into a professional corporation has several advantages for medical and dental practitioners, Accountants …

Read More