Popular Business Misconceptions Cost You Money!

by J. Stephen Pope Faulty information costs you money! Which of these popular business misconceptions do you believe?

Home Based Business: Your Ultimate Tax Shelter

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.

Rearrange Your Affairs For Maximum Tax Savings

by J. Stephen Pope One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if only the taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!

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.