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May 15, 2022

Do I have to report cash income? What you need to know

Has this ever happened to you?

You are enjoying a beauty service (eyelash extensions, anyone?). You finish up, head to the front desk to pay, and the business owner says, “If you pay cash you don’t have to pay tax.”...

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Apr 15, 2022

Two ways to pay yourself from an incorporated business: salary vs. dividend

So you’ve taken a giant leap and incorporated your business...congrats! This is a significant milestone for many business owners. It signals that your business generates healthy profits and you can ‘leave’ money in the...

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Mar 01, 2022

Should I Incorporate?

What Every Canadian Small Business Owner Needs to Know

Here is what we will cover in this post:

  • What is a corporation?
  • The Benefits of Incorporating
  • The Downsides of Incorporation
  • The Bottom Line

Introduction 

Are you thinking...

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