Reducing Taxes Through Dividend-Salary Mix Calculations

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 […]

Top 7 Small Business Tax Tips

by J. Stephen Pope Here are seven ways for owners of small businesses to save money on their taxes.

Top 7 Reasons to File Your Income Tax Returns on Time

by J. Stephen Pope Here are seven reasons for not being late filing your income tax returns.

Income Tax Returns Your Accountant Should Not File

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 […]