12 Tax Tips To Munch On
Why do we call money dough? Everyone knows that dough tends to stick to your fingers, while money tends to slip through them. Good tax tips, on the other hand, can be a lot like doughnuts. If you try one, it could make life a lot sweeter.
Top 10 tax-filing errors to avoid
After hiring an accountant in 1998, Jim Mahon was surprised to learn how he'd failed to take full advantage for several years of all the tax deductions he was entitled to as a self-employed entrepreneur.
PCs are the smart choice for small tax-wary businesses
The February federal budget brought welcome income tax savings for professionals. Doctors, lawyers and accountants with incorporated practices can now pay reduced federal taxes of 12 per cent on the first $225,000 (up from $200,000) on business income.
Business owners should applaud the budget
When an incorporated business is a Canadian-controlled private corporation (CCPC), which includes the majority of privately held companies, the company is eligible for a pretty attractive rate of tax on its first $200,000 of active business income.
Small businesses win big on profit-boosting tax cuts
The corporate sector -- smaller businesses in particular -- emerged as a winner in yesterday's federal budget, with tax cuts and other measures designed to boost profits.
Small business loves budget
Canada's small businesses found plenty to applaud in yesterday's federal budget, but large companies complained they will see their biggest gains phased in too slowly.
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