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Thinking About Buying a Small Business?

Buying a Small Business, Accounting Tips to Minimize Due Diligence Costs Successful businesses 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 many reasons businesses seek acquisitions. At times, an acquisition may be

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The Costly Consequences of Pretending To Be An Incorporated Consultant

Canadian corporations enjoy a 13.5% corporate tax rate on the first $500,000 of taxable income from active business due to the small business deduction. Therefore, it makes sense for a corporation to structure its business affairs in ways that can take full advantage of this favourable tax rate. The majority of Canadian businesses qualify for the above benefit. However, some

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Canada’s Anti-Spam Law: Is Your Vancouver Small Business Ready?

This law comes into effect July 1 – less than three weeks away! What is “Spam”? Essentially, it’s unsolicited electronic mail and/or communications. That “junk” folder in your inbox, you know, the one you never open? It’s likely full of spam. At the core, “spam” is about electronic commerce regulation, which means that it should be important to virtually every

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