Blog
Navigating Canada’s 2024 Tax Changes: Key Considerations for Small Business Owners
In December 2024, important tax updates were implemented in Canada that affected small business owners. These changes, which impact various aspects of tax regulations, require small business owners to stay informed and adjust their strategies accordingly. Being...
Maximizing Tax Deductions: Year-End Tax Tips For Business Owners
As 2024 approaches its end, it's the perfect time for business owners to review their finances and explore tax-saving strategies. End-of-year planning not only reduces tax obligations but also prepares you for a successful start in the new year. As a professional tax...
What to Do If Your Small Business Gets Audited
Creating a small business from scratch and guiding it to success after years of hard work is one of the most fulfilling things a person can do with their life. Although the road to getting there is undeniably difficult—usually fraught with liberal doses of employee...
How Changes to Canada’s Capital Gains Tax Will Affect Small Businesses and Professional Practices
As a long-time tax accountant and financial consultant whose client list largely consists of small businesses (I work for a lot of landscapers, as well as gym owners, hair salon owners, and the like) and professional practices (I’m also on retainer by several...