by J. Stephen Pope If your business runs into serious difficulty, will it bring you down too? For example, what if one of your employees got involved in a serious car accident while working for you? Will the resulting lawsuit bankrupt you personally? Here are just a few ways of protecting yourself against catastrophic losses […]
by J. Stephen Pope You would like to increase your income by selling other peoples’ products but you just don’t have the money to stock inventory. On the other hand, perhaps you have lots of your own product and would like to increase your sales, but you don’t have a lot of money for advertising. […]
by J. Stephen Pope Starting and operating your own home based business is the ultimate tax shelter. Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions.
by J. Stephen Pope You’ve been feeling uneasy (perhaps even guilty) because you’ve failed to report your under the table business income. Perhaps you’ve never filed a tax return, even though you know you owe money. Finally, you contact an accountant to resolve the situation. Although it is commendable that you are trying to correct […]
by J. Stephen Pope Should I take wages or dividends from my privately owned corporation? What is the best way of taking money out of my company? In other words, what will result in the least amount of income taxes? A Canadian accountant will perform a dividend-salary mix calculation to determine the best way of […]
by J. Stephen Pope In trying to comply with tax laws for your e-business, you may find yourself falling down the rabbit-hole, going through the looking glass, and attending a Mad Tea-Party. Common sense, logic, and fairness never did apply fully to the field of taxation but this is especially true of e-commerce transactions.
by J. Stephen Pope Have you heard about domain names that sold for over a million dollars? Inspired by this, you imagine registering a great domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but don’t count on it!
by J. Stephen Pope Perhaps you, like me, have web hosting that includes, free of any extra charge, unlimited autoresponders. That being the case, you might be inclined to balk at any suggestion to start paying for them. Recently, however, I made the switch to paying a monthly fee for unlimited autoresponders. Am I rich […]
by J. Stephen Pope Wouldn’t you like to know all the Internet marketing “secrets” that have made me the man I am today? I live in a house way too big for my beautiful wife and myself. We eat three square meals a day and can snack anytime we feel like it! We drive our […]