Accounting & Tax Blog
Accounting, tax and business insights for better decisions and stronger businesses.
Cash Crunch Survival Guide - Part 2: Cost-Cutting Ideas for Cash-Strapped Businesses
When cash is short, every dollar you don't spend is a dollar you don't have to find.
Cut costs without cutting corners. Trim the overhead, not the quality.
Cash Crunch Survival Guide - Part 3: Funding, Debt Management and Tax for Cash-Strapped Businesses
Sometimes cutting costs isn't enough, and the cash has to come from somewhere else.
Creditors want to get paid. That makes them more open to a deal than you might think.
10 Steps to Starting a Business in Alberta: A Guide for Entrepreneurs
Looking to start a business in Alberta?
Do the setup work before you open, so once you open you can focus on customers.
Why You'll Benefit When Your Accountant Prepares Your Personal Taxes
Are you a small business owner and thinking of preparing your own personal income tax return(s) this year?
Tax strategy only works when your accountant can see the whole picture.
Filing T4s for Your Business
Filing T4 slips for your employees in Canada can be manageable as long as you know what goes into the process and how to…
Payroll deductions aren't your money. You're only holding them for CRA.
Wages vs. Dividends - Part 1
Which results in the least tax?
Only two ways to pay yourself, and the right one depends on how you define "best".
Wages vs. Dividends - Part 2
Last time, I met with a client who wanted to know: what was the best way to pay themselves out of their new business, wages…
Wages force you to live within your means. Dividends let you put it off.
Wages vs. Dividends - Part 3
We are continuing the discussion I had with my client, Mary, about factors shareholders should consider when deciding to pay…
Figure out what you need at home first. Then see if the company can pay it.
Shareholder Loan: Uses and Pitfalls
I was meeting with a client Ken, who had been working with me for several years.
"It's my company, I'm lending to myself." CRA sees it very differently.
Map Link