Category: Corporate Accounting

CPP Annual Update – 2021

CPP contribution rates, maximums and exemptions 2021 Important notice! Changes to the rules for deducting Canada Pension Plan (CPP) contributions. Changes to the rules for deducting Canada Pension Plan (CPP) contributions In 2012, the rules for deducting CPP contributions changed. These changes do not affect the salary… Continue Reading “CPP Annual Update – 2021”

WCB Changes – 2021 part 1

Recent changes to the Policies and Information Manual Date of distribution: January 5, 2021 TRANSMITTAL SHEET No: 01 – 2021 January 5, 2021 WHAT’S CHANGED (Please read the policy documents for complete information).Please note that policy changes since the last issue are indicated by… Continue Reading “WCB Changes – 2021 part 1”

Small Business Tax Strategies – Reduce Income Tax (2020)

There are many ways for small businesses to legally reduce their income taxes in Canada. This guide offers some of the top strategies to lower your taxes and keep more money in your business. ARTICLE TABLE OF CONTENTS Always Collect Receipts Manage RRSP and… Continue Reading “Small Business Tax Strategies – Reduce Income Tax (2020)”

Financial Planning 101: Smart tips for Small Business Owners

If you own a business, you know about risk and opportunity. Compared to many people, you’re willing to take more personal and financial risk in order to gain more personal and financial opportunity. It’s a trade-off that can be highly rewarding.

Year End Prep Essentials

This video is about everything to do with Year End Prep! Either you run a Sole Proprietorship or you run an Incorporated Business. – these core principles can work with both! Make sure to get prepared. Get the Skinny on the facts! Here’s the… Continue Reading “Year End Prep Essentials”