Picking up the Cheque

Picking up the Cheque

One of the most misunderstood business deductions is the “meals and entertainment” claim. Either people forget to save their receipts and don’t claim it at all, or they treat their whole party because it’s a business write-off. The basic rule...
Is Your Business Off Track?

Is Your Business Off Track?

You are putting in the long hours and starting to feel a bit burned out.  Business is not as usual.  You are finding it a struggle to keep up with all the business expenses not to mention the upcoming tax bill around the corner.   Pretending there is no problem does...
Wages or Dividends

Wages or Dividends

By far, the most common question we get from business owners is “Should I pay myself dividends or wages?” Unfortunately, the answer is different for everyone. The first thing we recommend is to try to minimize the amount of money you draw out in the first...