Blogs and Articles
Employment Expenses
Employee deductions and expenses as an owner-employee. While employees at arms-length have been permitted to deduct certain employment expenses pursuant to section 8 of the Income Tax Act, the Canada Revenue Agency has taken issue with employees who are also...
Small Business Contracts: What do you need to know?
We all encounter contracts day in and day out in our personal lives. Often, such as with the iTunes terms and conditions, we do not even bother to read them before we hit “I accept”. The importance of clear and carefully drafted contracts cannot be overstated. What...
Ontario Door-to-Door Sales Ban
Bill 59, lovingly called the “Putting Consumers First Act (Consumer Protection Statute Law Amendment)” will make some sweeping changes to the Consumer Protection Act of Ontario on March 1st, 2018. A quick summary of the Ontario Consumer Protection Act The Consumer...
Probate and Probate Fees: What you need to know.
What is Probate? To put it in the simplest terms, Probate is the Court Process by which a Will is authenticated, and through it an executor is issue a "Certificate of Appointment of Estate Trustee with a Will". This certificate gives the executor the authority to...
Professional Corporations: Are they right for you?
Many business owners decide to incorporate, as they grow, to take advantage of the numerous benefits of incorporation. What fewer business owners are aware of is that if members of certain professions decide to incorporate in order to render their professional...
Incorporation: The Benefits of Incorporating Your Business
The Benefits of Incorporation Are you a small business owner? Have you put your blood, sweat, and tears into growing your business and pursuing your passion? Perhaps profits have been rising, and you have surpassed that 2 year mark, a milestone which 30% of small...
