Category: Corporate Tax

How Is Capital Gains Tax Calculated On Real Estate In Canada?
Corporate Tax, Real Estate
How Is Capital Gains Tax Calculated On Real Estate In 2024 in Canada?

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

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Corporate Tax Deadline 2023
Corporate Tax
Corporate Tax Deadline 2024

The 2024 Corporation tax deadline is fast approaching in Canada. Understanding both the corporate filing …

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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 …

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Maximizing Returns: TFSAs Empowering Business Owners' Financial Growth
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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How to Determine Your Company's Fiscal Year
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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Tax Efficient Ways to Withdraw Money from Your Business
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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What are Stock Options and How are They Taxed in Canada?
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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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 …

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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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How to Qualify for Ontario Interactive Digital Media Tax Credit (OIDMTC)
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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How Much Does it Cost to Buy a Dental Practice? - Ultimate Guide
Corporate Tax, Personal Tax, Tax Tips
How Much Does it Cost to Buy a Dental Practice? – Ultimate Guide

Buying a dental practice is a very stressful and time-consuming process. It can be a …

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Tax Planning Tips for Canadian Doctors
Corporate Tax, Personal Tax, Tax Tips
Tax Planning For Doctors In Canada

It is important for Canadian doctors to have a plan in place for their taxes …

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How to Get Government Grants and Funding for Startups in Ontario
Corporate Tax
How to Get Government Grants and Funding for Startups in Ontario

If you’re trying to start a business or attempting to grow an existing one, there …

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What are the downsides of a holding company?
Corporate Tax
What is a Holding Company and When Should I Set One Up?

When thinking about incorporating a business, or evaluating your ownership structure, you may have heard …

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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 …

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What To Do If You Haven’t Filed Your Tax Returns
Corporate Tax, Personal Tax
Voluntary Disclosure Program

So you haven’t filed your taxes in years. What were you thinking? The stress from …

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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 …

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Business Answered: What is ORPP (Ontario Retirement Pension Plan) and how does it affect me?
Corporate Tax, News and Tax Updates
Business Answered: What is ORPP (Ontario Retirement Pension Plan) and how does it affect me?

If you haven’t already, then you will be hearing more and more about the ORPP …

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