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Incorporate Your Medical Practice in Vancouver

In my previous articles, the benefits of incorporating a business have been discussed at length. The tax advantages for corporations are substantial enough that some taxpayers structure the financial relationship with their “vendors” so that they are deemed self-employed, thus qualifying to operate as a corporation earning active business income. This allows the corporation to deduct expenses otherwise not deductible

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Vancouver Tax Tips: Business Expenses With Best ROI

Pre-requisite Expenditures For Business Success! Professional Vancouver Chartered Accountants have the privilege of seeing the detailed financial information of many profitable and sometimes not so profitable businesses. First and foremost, in order to be profitable, you need to be in an industry whose products and services are in demand. For example, the best TV repair guy cannot survive today regardless of

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Vancouver Tax Considerations for Buying a Business in British Columbia

If you are in the initial stage of negotiating the purchase of an incorporated business in British Columbia (B.C.), this is a good time to consider the method you choose to go about the acquisition. There are two methods to acquire a business: you either buy the desired assets of the company, or you buy the shares of the company.

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