How you can Benefit from Shareholder Loans
April 27, 2015
Shareholder loans are a great little tool that the business has access to. The gist of it is that a shareholder of a company can …
Income tax
The 2015 Quebec Budget and What it Means for my Small Business: Part I
April 8, 2015
The 2015 Quebec budget (the Economic Plan) is designed to decrease the province’s debt burden and improve the economy. What changed? For a long time, …
What you need to know for Year end
March 30, 2015
Every business has a different year end. Essentially, you can choose the fiscal year end that works best for your business – which may happen …
How Do I Pay Myself in Dividends From My Corporation?
March 24, 2015
Have you ever wondered how business owners get paid? They own the place, so are they writing themselves a cheque every two weeks like they …
Bookkeeping 101: What you Need to Know for Your Small Business – Part 2
March 6, 2015
In the last blog we got you started with the basics of bookkeeping for your small business. Today we continue with bookkeeping 101. Business and …
Bookkeeping 101: What you Need to Know for Your Small Business – Part 1
March 3, 2015
You have decided to start your own business. You have a product with tremendous market potential, start-up capital, a lease on a fantastic workspace and …
The Legal and Tax Obligations of Starting a Small Business in Quebec
March 2, 2015
Entrepreneurs know that being self-employed is hard work, but for the right person, it can also be fun and rewarding. The start of the business …
Can you Claim it? Tax Deductions for Canadian Entrepreneurs
February 25, 2015
Starting and running a small business takes a lot of time, money, energy and patience. To help entrepreneurs, the Canadian Revenue Agency (CRA) allows certain …
Tax Time: Five Things Businesses Should Know
February 23, 2015
When you start a small business, your hands are very full with the day-to-day operations. Creating, improving and selling your products and services are very …
CRA Tax Audit
February 11, 2015
What is a tax audit? As explained on the CRA web site, auditing is a way for the Canada Revenue Agency to monitor and inspect …
What is a Personal Services Business?
February 6, 2015
What is a personal services business? The answer can be confusing, especially when you get into the tax jargon and lingo many companies use to …
Where should I start to set up a business in Canada?
February 3, 2015
The idea of setting up a business in Canada is appealing to a lot of people. Get ready to bring your idea to life by …