If you own a small business and run it for a profit, you can likely deduct the costs incurred. Small business tax deductions reduce your taxable profits and, therefore, business taxes. From home ...
A new survey from Mackenzie Investments shows how tough it is for small businesses to keep up with complex and changing tax and estate planning trends. As October is Small Business Month, Mackenzie ...
[bc_video video_id=”5741728632001″ account_id=”13639244001″ player_id=”BkwqOzAGl”] The government wants to help small business owners invest in and grow their firms —but they don’t want to give them ...
Allan Norman is a CIM and CFP with Atlantis Financial Inc. in Barrie, Ont. The government wants to help small business owners invest in and grow their firms—but they don’t want to give them an ...
Allan Lanthier is a retired partner of a major international accounting firm. He has been an adviser to the Canadian federal government on taxation and fiscal policy matters. Small and medium-sized ...
Selling a small business means income, and income means income taxes. But the way you structure the deal can make a major difference in how much of the sale price goes to taxes, and how much stays ...
Ask any Conservative politician in Ottawa, and they’ll tell you exactly why proposed changes to Canada’s tax laws are a terrible idea. The changes discourage small business owners from expanding or ...
A tax break for businesses in Budget 2022 may prove impractical for some, given the tax on passive investment income. The feds have proposed increasing the level of taxable capital at which a business ...
Eligible Alberta small businesses will receive $159.5 million in returned Canada Carbon Rebate funds in December, according ...
The opposition dialled up its outrage after the federal budget watchdog concluded last week that suspending planned tax relief for small businesses would slow the economy and cost jobs. No matter that ...
KELOWNA, B.C. – Justin Trudeau insisted Wednesday that his government won’t back down on a controversial plan to end tax provisions that it says give some wealthy small business owners an unfair ...