December 21, 2012

As a small business owner, should you pay yourself a salary or dividends out of your company?

By |2017-01-02T20:23:17-07:00December 21st, 2012|Business Management, Corporate Taxation, Payroll and Taxable Benefits, Personal Taxation|

In Canada, many small business owners don't realize that they have some options in terms of the type of remuneration they can receive from their company. Each type of remuneration has its advantages as well as disadvantages. Due to the unique circumstances of each business there is never a right answer as to which type of remuneration is best. To you the owner, the type of remuneration you would like to receive depends on your short and long term goals [...]

November 16, 2012

How to incorporate in Alberta, Canada

By |2017-01-02T20:23:17-07:00November 16th, 2012|Business Management|

If you have decided to take the next step and decide to incorporate your business, the following are some suggestions as to how to begin this process. After reading the below, we can show you how to appropriately structure your company in terms of who should own shares and the tax advantages to doing so.  Please note that overall fees relating to incorporation can be as low as $100 up to an average of $2,000, depending on the complexity of [...]

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