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All items tagged with: entrepreneur

Seven Business Disruptors That Require a Leader’s Attention

Posted: October 31, 2017 By: Evelyn Jacks
Posted in: Strategic Thinking , knowledge bureau, Evelyn Jacks, financial advisors, wealth management, financial services, entrepreneur, thought leadership, business development, leadership tips, tips for entrepreneurs, small business owners, developing your business, authentic leadership, inspiring leadership, future-proof business, influential leadership, business growth, inspiration, disruptors, business leadership, culture, continuity, disruption, change management, aspiration

Leadership matters, especially when you consider all the disruptions that appear at your business doorstep every day.  How to survive them?  Lean into them!  In fact, there are seven key disruptors you must address immediately with your team if you are concerned about successfully growing your business to the next level.

Fall Economic Statement: Low Earners Benefit from Strong Economy

Posted: October 24, 2017 By: Walter Harder
Posted in: Strategic Thinking , taxation, knowledge bureau, Evelyn Jacks, Small Business, tax courses, tax changes, financial education, tax reform, entrepreneur, Liberal government, Fall Economic Statement, Finance Department, Canada Child Benefit, Working Income Tax Benefit, 2018 Federal Budget, Moreneau

On October 24, 2017, Finance Canada issued the Fall Economic Statement, which forecasts better-than-expected economic growth, at least in the shorter term.  The resulting increase in tax revenues have blessed the department with new funds for spending priorities; notably to help families with children and the working poor.

Capital Gains Deduction Part III: Changing the Rules, Again

Posted: October 24, 2017 By: Walter Harder
Posted in: Strategic Thinking , Tax Planning, CRA, knowledge bureau, Canada Revenue Agency, Small Business, tax changes, income splitting, tax education, entrepreneur, CE summits, Walter Harder, income sprinkling, capital gains deductions, reasonableness test, taxpayers

The federal government has recently back-tracked on their plan to limit access to the capital gains deduction available to shareholders in a family business corporation, and that’s a very good thing, as the proposals would have cost family businesses a lot of money.

Greatness in Leadership on the Executive Business Builders Network

Posted: October 24, 2017 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , knowledge bureau, Evelyn Jacks, tax courses, financial education, entrepreneur, innovative thinking, thought leadership, Executive Business Builder Program, authentic leadership, future-proof business, Knowledge Bureau Designation Programs, business builders, Shakespeare quote, greatness, LinkedIn group

As Shakespeare said in Twelfth Night, “Some are born great, some achieve greatness, and others have greatness thrust upon them.” In establishing your new value proposition and leadership challenges in a growing business climate, which of these applies to your great potential?

Addressing Unfair Tax Changes, Morneau Makes a Second Attempt at Tax Reform

Posted: October 17, 2017 By: Evelyn Jacks
Posted in: Strategic Thinking , knowledge bureau, Evelyn Jacks, Small Business, Canadian economy, finance minister, income splitting, tax education, financial education, tax reform, entrepreneur, CE summits, Liberal government, Morneau, income sprinkling, unfair tax changes, Distinguished Advisor Workshops, Trudeau, reasonableness test, private corporation taxation, family businesses, small business tax rate

The Finance Department backtracked on a few of their controversial tax reforms for private corporations this week, adding a tax cut of $2.9 Billion over the next five years to douse the flames of discontent. However, family businesses will continue to face tax risk and uncertainty due to a “reasonableness” test – albeit a simplified one – that will limit income sprinkling to contributors of labor, risk or capital in the business.

It’s Official:  Government Is Moving Ahead with Tax on Passive Income

Posted: October 17, 2017 By: Evelyn Jacks
Posted in: Strategic Thinking , knowledge bureau, Evelyn Jacks, Small Business, Canadian economy, finance minister, income splitting, tax education, financial education, tax reform, entrepreneur, CE summits, Liberal government, Morneau, income sprinkling, unfair tax changes, Distinguished Advisor Workshops, Trudeau, reasonableness test, private corporation taxation, family businesses, small business tax rate

Finance Minister Morneau today announced that his department will move forward with their goal to tax passive investment income earned within private corporations.  What’s becomes apparent from the minimal details released, is that not much has changed in the government’s intentions, since the measures were first floated on July 18, 2017.