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The Big Tax Deductions vs The Deductions that Are More Fuss than Their Worth

Right now, Canadians are rushing to file their personal income tax returns on time. At Mew and Company, we are gearing up to process all of the documentation needed to file complete and accurate returns by April 30, 2015. Although we have been preparing personal tax returns for many years, it feels like every year, there are more documents to

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Traits of Successful Vancouver Business Owners

As a tax advisor to small businesses in the Greater Vancouver area, I have worked with many different personalities over the past 15 years. However, a handful of my clients, over the last 10 years, have grown so rapidly that I am in awe when we meet for the year end work. This is because their successes are not necessarily

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Canadian Corporate Tax Planning: On Investing Retained Earnings

What should I do with my Corporate Retained Earnings? As a Vancouver tax advisor to small, privately held Canadian corporations, many of my new clients are often unaware of all the investment options and tax benefits of investing their hard-earned corporate retained earnings. The small business corporate tax rate is only 13.5% on the first $500,000 of profits. That is

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