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Recalculating the Benefits of Incorporating a Small Canadian Business

For the past two decades, tax practitioners had little doubt that incorporating even a moderately successful business made financial sense.  The low corporate tax rate for CCPCs on the first $ 500K of corporate profit, the slight tax advantage the ineligible dividends received in the hands of the shareholders, and the tax free CDA extraction on capital gains all made

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Fraud and the Small Business

Fraud costs billions of dollars to Canadian small businesses each year. A common source of fraud comes from a person external to the organization such as a customer using a stolen credit card. However, for many small and medium-sized enterprises who are victims of fraud, the perpetrator can also be the trusted employee. The biggest reason that smaller enterprises are

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