What Is a Notice of Assessment in Canada?
You just received something in your inbox or mailbox from the CRA, and you’re not sure what it means or whether you need to do anything about it. If it’s a Notice of Assessment, you’re in the right place. This guide will walk you through exactly what...
That “Passive Income” Could Be Killing Your Small Business Deduction
You’ve worked your tail off to build a profitable business. Smartly, you’ve started building an investment portfolio inside your corporation. You’re patting yourself on the back for creating passive income. It sounds like the perfect plan, right? But...
Working from home? Your corporation can pay you back.
So, you’ve jumped into the remote work world. You’ve got your own corporation, you call the shots, and your daily commute is basically a trip from the coffee pot to your desk. It’s the dream, right? But when tax season hits, a lot of incorporated...