Small Business

Are you a Contractor or an Employee?

With the changing world we are living in many people have decided to venture out as a contractor. We are seeing more and more deciding this after a layoff or simply a slow down in a traditional office. What we… Continue Reading…

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Using your RRSP’s to fund your education.

We are familiar with using our Registered Retirement Savings Plan (RRSP) to finance the purchase of a home through the Home Buyers’ Plan (HBP). But did you know that you can also use your RRSP’s to finance post secondary school… Continue Reading…

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The importance of minute books

When it comes to incorporating most entrepreneurs employ the ‘do-it-yourself’ route. There are many websites or Incorporation packages purchased at registries offices to facilitate this.  Doing it this way is enticing to lower costs. This is reasonable as starting up… Continue Reading…

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Trusts In Canada

OVERVIEW OF TRUSTS A trust is a relationship under which a person, called the settlor, transfers property to another person, called the trustee, who holds that property for the benefit of another person called the beneficiary. The law does not… Continue Reading…

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Back To School

Back to School is always a busy time of year.  As our kids are heading in to the school year there are a few things to consider for tax purposes. Private school fees for elementary and secondary: Generally, the cost… Continue Reading…

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Starting your own business

Starting your own business can feel overwhelming in the beginning. But with the right team behind you, you can set yourself up success with more informed business decisions. Equipping yourself with as much information available and every tool upfront leads… Continue Reading…

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Uphill Battle for the IOC and Olympic Venues

There is a great deal of anxiety that arises when the IOC searches for a potential city, that generally includes the country in which the city is located, both of whom would consider hosting the Winter Olympics. The problem with… Continue Reading…

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Small Business in the Work World.

Rather then calling meetings to the board room it is a matter of yelling down the hall to a colleague to get their input on a question. Or simply taking a few steps to cover the entire office to call… Continue Reading…

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Artists

ARTISTS (Artist, Author and Composers) Are you in business? Often the income of an artist, writer or entertainer will be sporadic. So for any particular year or number of years, their expenses generally exceed their incomes. How are the annual… Continue Reading…

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Tax Letter – October 2017

  TAX LETTER October 2017 CAPITAL GAINS EXEMPTION AND PROPOSED CHANGES EMPLOYEE LOANS (INCLUDING RECENT CHANGES TO HOME RELOCATION LOANS) TAXATION OF DIVIDENDS TRANSFERS OF PROPERTY TO TRUSTS AROUND THE COURTS   CAPITAL GAINS EXEMPTION AND PROPOSED CHANGES The capital… Continue Reading…