Business Advising

Earning over $50k in passive income in your Canadian corporation? You could be losing your Small Business Deduction. Learn how this tax trap works and protect your low tax rate.

Working from home? Discover how your Canadian corporation can reimburse you tax-free for a portion of your home expenses. Learn the simple square footage method.

Confused about paying yourself in Canada? We break down the pros and cons of salary vs. dividends, covering taxes, RRSPs, and CPP to help you decide.

Think you can write off that whole client lunch? In Canada, business meals are only 50% deductible. Learn what the CRA requires to audit-proof your expenses.

Think you have 6 months to file your Canadian corporate taxes? Your payment is due much sooner. Learn the CRA’s hidden payment deadline to avoid costly interest.

As a Canadian small business owner running a corporation, I'll bet you've heard the magic number: 9%. That's the federal small business tax rate, and man, does it look good on paper. It’s so easy to fixate on that one number and think you've already won the tax game....

Let's be real. Is that pile of unopened letters from the Canada Revenue Agency (CRA) giving you a constant, low-level buzz of anxiety? You're not alone. For tons of business owners in British Columbia, falling behind on T2 corporate taxes or GST/HST returns feels like...

You've hung up the tools, the last job of 2025 is in the books, and what a busy year it was. All across Canada, trades were in high demand. But now? Now comes the part that feels less like a clean job site and more like wrestling a tangled mess of extension cords:...

You're a pro at getting stains out, but what about the mess in your bookkeeping? Your front counter isn't just for drop-offs anymore, is it? It's a mini-retail shop. You've got lint rollers, fancy detergents, maybe even some unique accessories. That's awesome for...