Tax Tip Tuesday! Hear what John Paul has to say about Corporate HST and Payroll Source Deductions in this week’s video blog
Tax Tip Tuesday: Corporate HST and Payroll Source Deductions Don't run into problems with corporate HST and payroll source deductions. Listen to what JP has to say about these accounts. Transcription: Hi and welcome to Campanella McDonald's tax tip Tuesday video blog....read more
TaxTip Tuesday: Self Employed? How to know if you should set up a corporation. To incorporate or not to incorporate, that is the question. Transcription: Hi and welcome to Campanella McDonald's tax tip Tuesday video blog. One of the most common questions we get from...read more
If you a small business owner who uses subcontractors make sure to check out this article Fabio wrote for the Financial Post.
Tax Tip Tuesday : Paying Yourself a Salary vs. Dividends A traditional rule of thumb for small business owners is to pay themselves a large enough salary to make the maximum CPP and RRSP contributions. There is however, no requirement to take a salary at all. In fact,...read more
Income splitting can be a powerful tax planning tool. However don't forget that family law rules can come into play as well. From The Globe and Mail: Give your kids money. No, really -...read more
One of the most significant considerations when deciding whether or not to incorporate your business is the small business deduction. Ontario active businesses can access tax rates as low as 15.5% on corporate profits retained in their businesses to fund growth....read more