Do I Need a Financial Audit for My Small Business in Ottawa?
Most privately owned Ontario corporations can avoid an annual audit if they are not offering shares and all shareholders consent in writing to the exemption for that financial year. But…
Most privately owned Ontario corporations can avoid an annual audit if they are not offering shares and all shareholders consent in writing to the exemption for that financial year. But…
Settling an estate often feels like a series of final steps. The property is sold, the accounts are collected, the paperwork is organized, and the beneficiaries begin to wait for the distribution of the…
Moving to Canada does not automatically close your tax obligations in another country or answer how your existing business activity should be reported here. You might have an established consulting…
Receiving a letter from the Canada Revenue Agency can be unsettling. Most business owners immediately wonder whether they've done something wrong, how serious the situation is, how much tax could…
Many business owners assume their corporate tax situation is under control until something forces a closer look at year-end. By that point, the business has often become more complex than…
Most Ottawa business owners don’t realize they’ve overpaid corporate tax until it’s too late to fix it. By the time your year-end is done, and your accountant is filing the…
Most incorporated businesses in Canada are overpaying tax. Not because of filing errors, but because no one sat down and help them plan. We regularly meet business owners whose previous…
This article is written for owner-managed Canadian corporations generating consistent profits and looking to move from reactive compliance to strategic planning. Most corporate tax planning happens when options are already…
If you’re an incorporated business in Canada, you’re required to file a T2 corporate tax return every year. Whether you made a profit, lost money or had no activity at…
Dividend income is one of the most common forms of investment income for Canadians, yet it is also one of the most misunderstood. Lots of investors get a real shock…