May 2021 Update: COVID-19 benefits and your taxes

The Canada Revenue Agency (CRA) is committed to putting people first and providing the income support that Canadians need duringContinue reading “May 2021 Update: COVID-19 benefits and your taxes”

CPP Annual Update – 2021

CPP contribution rates, maximums and exemptions 2021 Important notice! Changes to the rules for deducting Canada Pension Plan (CPP) contributions.Continue reading “CPP Annual Update – 2021”

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 ofContinue reading “Small Business Tax Strategies – Reduce Income Tax (2020)”

“Sole Proprietorship vs Incorporation” – Planning your business strategy

Should you incorporate your small business? (Sole proprietorship, partnership etc) Jumping from Sole Proprietorship to Corporation in Canada? We’ll breakContinue reading ““Sole Proprietorship vs Incorporation” – Planning your business strategy”

Should you incorporate your small business?

When a business is started, it can be structured as a proprietorship, partnership, or corporation. Proprietorship A sole proprietorship is one person operatingContinue reading “Should you incorporate your small business?”