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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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Tax Planning for Canadian Self-Employed Businesses: A Tool

Tax Planning for Canadian Self-Employed Businesses A tax organizer is there to assist Canadian self-employed taxpayers organize their financial information at tax time. Reading and following CRA guidelines can be a daunting task when you are already overwhelmed with the amount of receipts in your hand. The organizer also helps remind the tax filer of the most common tax receipts

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Tax Tips for Canadian-owned Corporations

Canadian-owned corporations are common business structures in British Columbia and Canada as a whole. They come with a host of different structuring options and different methods of compensation (i.e. dividends vs. salaries). The following are a few simple business and tax tips for Canadian-owned corporations: Make your spouse a shareholder of the company as well. This will allow income splitting,

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