Business Advising

CFO Services

Get all the benefits of a full-time CFO… at a part-time price.

Strategic Business Coaching

More than just a tax return service…
We’ll “take you by the hand” in every aspect of your business.

Starting a Business

Know the simple steps for starting your business right.

Payroll Services

Scrimping on payroll services will red-flag your business with the CRA.

Tax Planning

Real tax strategies and solutions to help you minimize your CRA liability.

Advisory Rates

Partner with a trusted accountant to unlock your business’s full potential.

Ontario Corporate Tax Rate: Your Complete Guide

If you run an incorporated business in Ontario, two numbers define your corporate tax obligation before any deductions or credits enter the picture. Understanding which rate applies to your corporation, and why that number can shift from one year to the next, is the...
Read More

Back Taxes in Canada: What You Owe, What Happens Next, and How to Fix It

Finding out you owe back taxes to the CRA is one of the more stressful financial situations a Canadian can face. Whether you missed a filing deadline, underreported income, or simply could not afford to pay what you owed at the time, the situation does not improve by...
Read More

Alberta Corporate Tax Rate: What Every Business Owner Needs to Know

If you run an incorporated business in Alberta, you are operating in one of the most tax-competitive environments in Canada. Understanding exactly what rates apply to your corporation, how the federal and provincial rates interact, and what filing obligations come...
Read More

Line 10400 on Your Tax Return: Other Employment Income Explained

Most Canadians know their T4 slip covers their employment income. What fewer people realize is that there is a separate line on the T1 return specifically for employment income that never appears on a T4 at all. Line 10400, labelled Other Employment Income, is one of...
Read More

Incorporating in Canada: What It Actually Costs and Whether It’s Worth It

Every year thousands of Canadian sole proprietors and freelancers ask the same question: should I incorporate? The answer depends on where your business is, where it's going, and whether the benefits outweigh the added costs and obligations. This post breaks down...
Read More

Line 15000 on Your Tax Return: Total Income Explained

Line 15000 on your tax return in Canada is your total income for the year, every dollar earned from every source, combined into one figure. It is not limited to employment income alone. It captures self-employment earnings, pension payments, rental income, investment...
Read More

Self Employed Taxes Canada: What You Need to File, Pay, and Claim

Running your own business in Canada means the CRA is not your employer's problem anymore. No one is withholding income tax from your pay, remitting CPP on your behalf, or handing you a T4 at year end. All of that falls on you. Understanding how self employed taxes...
Read More

Capital Gains on Inherited Property in Canada: What You Need to Know

Inheriting property in Canada comes with a common misconception. Many people assume that because Canada has no inheritance tax, there is no tax to worry about at all. That is not accurate. While Canada has no inheritance tax, capital gains tax is applied to inherited...
Read More

Fiscal Year in Canada: How to Choose the Right Year-End for Your Business

One of the first decisions a newly incorporated business makes in Canada is one that most owners do not spend nearly enough time on. Your fiscal year end date affects your corporate tax deadlines, your cash flow planning, your GST/HST reporting schedule, and your...
Read More

PREC: The Tax Advantage Every Canadian Real Estate Agent Should Know About

If you are a real estate agent in Canada earning strong commission income and still operating as a sole proprietor, there is a good chance you are paying significantly more tax than you need to. A Personal Real Estate Corporation, commonly known as a PREC, is a...
Read More

How You're Missing Legal Tax Deductions

Here's a certain truth: most Canadians pay more tax than they need to. Not because the rules are unfair, but because legal deductions and credits go unclaimed every year.

The good news is that with the right accounting support, you keep more of what you earn while staying fully compliant with the CRA.

Learn more