Pay Less Tax on Your Home-Based Business
June 30, 2020Pay Less Tax on Your Home-Based Business Is your home where you principally conduct your business? Do you spend most of your business working hours at home? Is your home
Pay Less Tax on Your Home-Based Business Is your home where you principally conduct your business? Do you spend most of your business working hours at home? Is your home
Capital Gains Deduction Eligibility for Proprietors The Capital Gains Deduction is a powerful tool for business people available under Canadian income tax law. Where it is available, it allows business-people
The Tax Implications of Selling Assets or Shares in a Business Transaction If you are looking to purchase a new business in Ontario or sell your existing business, there are
Subsection 50(1) Election Tax Relief on Losses with Bad Debts, Defunct Shares and Bankrupt Corporations As investors, there may be times when you hold shares or debt of a company
As a director, can I be held liable for my corporation’s taxes? Directors of Canadian corporations can be held jointly and severally liable for some Canadian tax along with their
Tax Free Inter-Corporate Dividends Dividends are distributions of a company’s assets to one or more classes of shareholders proportional to the shares owned. This commonly involves distributions of profits held
Tax Laws & Partnerships: How You Structure Your Business Matters Are you in a partnership and wondering whether the obligation to pay taxes falls on the individual, i.e. the partner,
Salary vs. Dividends? Which is the best way to receive compensation as the owner of a corporation in Canada? You are the owner of a small business corporation in Canada
Shareholder Loans, Benefits, and Their Risks Incorporation isn’t all upside when it comes to taxes. As with most areas of Canadian law, corporations and their shareholders function as separate persons
Section 86 Estate Freeze | Section 85 Rollover | Minimize Your Tax Obligations Paying taxes later and less of them is always a good thing. Thankfully, there are several provisions
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