All items tagged with: small business finance

A Sigh of Relief Regarding Passive Investment Income: But No Grandfathering

Posted: March 06, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , Financial Literacy, small business finance, knowledge bureau, Evelyn Jacks, corporate tax, tax courses, finance minister, income splitting, tax education, tax reform, CE summits, Liberal government, Morneau, unfair tax changes, family businesses, tax workshops, financial workshops, online education, private corporation tax, passive investment income, budget 2018, small business deduction, grandfathering tax provisions, aggregate investment income, frostiak and leslie

Two new measures were introduced in the February 27, 2018 budget that curtail the advantages of investing inside a private corporation, starting in 2019. All was met with a collective sigh of relief, considering the flawed fall proposals. However, there is still a twist - no grandfathering provisions for private corporations under two new proposals:

Specialize in Providing Advanced Year-Round Service to Business Clients

Posted: May 29, 2014
Posted in: Your Professional Development, Bookkeeping and Accounting, Tax Planning , small business finance, small business taxes

Know More. Make More: Tax and Bookkeeping practitioners, expand your services to business owners and increase your revenues. Enrol in the prestigious MFA™-Business Services Specialist Designation by June 15 and attend DAW as our guest.

How the CRA is helping small business

Posted: October 23, 2012
Posted in: Strategic Thinking, Tax Tips, Tax Planning , CRA, small business finance, Canada Revenue Agency, Canadian Taxes, payroll deduction, T2

The Canada Revenue Agency (CRA) has been charged with reducing red tape and making it easier for small businesses to do business.