Salary

by Jason Rosen

Income Sprinkling and Reasonableness

In the recently announced changes to the Income Tax Act, “reasonableness” takes centre stage. Taxpayers running businesses who pay money out to t...

by Jason Rosen

Ontario Real Estate Agents and Professional Corporations

Realtors in Ontario have traditionally been left out in the cold when it comes to taking advantage of the tax benefits of professional corporations.�...

by James Pendergast

How Professionals Incorporate To Save On Taxes

Professional Corporations Legislation in Ontario specifically permits certain professionals to practice their profession in a corporate form even thou...

by James Pendergast

Incorporation vs. Sole Proprietorship

When a taxpayer decides to start their own business, he or she must consider the type of business structure best suited to their individual needs. The...

by James Pendergast

Salary vs. Dividends

If you have an incorporated business you are able to pay yourself in any way you would like. There are various methods of getting money out of your co...