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Taking More Remuneration from Your Corporation Can Be Good Tax Planning

In a prior post, I discussed why using up the lower personal tax brackets every year is good tax planning. In this post, I plan to further discuss the tax benefits of increasing shareholders remuneration from the CCPC. Tax Benefits of Increasing Shareholders Remuneration From The CCPC Since the current Liberal Government has come into power back in 2015, there

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Canadian Tax Issues 2021 and Beyond

The BC economy is reopening slowly. We need to start planning for the “normal” time again as the physical threats brought about by the pandemic subside.  Which means, bc tax planning will move up in importance in the very near future. With all the government assistance and money printing that went on during the heart of the pandemic, taxpayers who

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Thinking About Buying a Small Business? Vancouver Tax Advice You Need to Know!

Successful entrepreneurs are often on the hunt to acquire other businesses for strategic reasons. Acquiring a competitor to increase market share or buying out a supplier to add synergy to an existing business are just a few of the reason entrepreneurs seek acquisitions. When a business is up for sale negotiation, the seller of the business has a huge advantage

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