Articles & Advice

Our articles are written by Chartered Professional Accountant Jillian Battaglio.

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Sep 27, 2022
5 min

CRA Write-Offs: What's Personal & What's Business

Small businesses often claim ‘gray areas’ while the CRA sees black and white. Learn the differences between personal and business write-offs

18 views0 comments

Sep 14, 2022
5 min

How To Start A Business

Stepping out on your own is scary, overwhelming, exciting and exhilarating. These are my best tips for starting a business.

13 views0 comments

Sep 14, 2022
4 min

Vehicle Lease vs. Buy - The Tax Answer

I tackled the lease versus buy conundrum that many business owners face when getting a new vehicle. The answer might surprise you.

23 views0 comments

Sep 13, 2022
5 min

Adjusting Journal Entries (AJEs) Explained

AJEs are the keys to better bookkeeping and maybe even a better performing business. Don't let these key indicators go unnoticed.

16 views0 comments

Sep 13, 2022
5 min

What To Do at Your Corporate Year End

We walk through the things you'll want to do on your year-end date for accounting, tax, and business purposes. Don't miss an important step.

5 views0 comments

Sep 13, 2022
3 min

Don’t Do Your Corporate Year End Yourself - Hire An Accountant

As a Chartered Professional Accountant I’m often asked by business owners: can I do my corporate taxes myself? I'll help you decide.

5 views0 comments

Sep 13, 2022
5 min

Salary or Dividend? What’s The Best Choice?

Are taxes the only thing you are considering when deciding between salary or dividends? If so, you may end up making the wrong choice.

8 views0 comments

Sep 10, 2022
4 min

Hate Surprise Tax Bills? Understand Your Shareholder Loan

Don't unintentionally screw yourself. Understand your shareholder loan and lower your tax bill.

9 views0 comments

Sep 10, 2022
5 min

Don’t Pick A December 31st Year End

Incorporations have 365 options for their year-end date. Don't settle. Instead, pick a year-end date that works for you. Pick an awesome YE.

5 views0 comments

Sep 5, 2022
5 min

Steps To Incorporating A Sole-Proprietorship

Incorporating an existing sole proprietorship can be a bit overwhelming. Want to know what your are in for? Check out this article.

6 views0 comments

Sep 5, 2022
5 min

Risk Factors Around Incorporating A Sole-Proprietorship

Incorporating a sole proprietorship isn’t as tax-free as you may think. Before moving forward ensure you have all the crucial information.

10 views0 comments

Sep 5, 2022
4 min

How To Set Up Your Share Structure

In this article we walk through recommendations for setting up the share structure of a corporation so you feel confident in moving forward.

6 views0 comments

Sep 1, 2022
4 min

Should You Add Your Spouse To Your Corporation?

This single decision can have awesome tax benefits and potentially destroy your business. What should you consider before taking the plunge?

13 views0 comments

Aug 1, 2022
4 min

You Should Probably Hire A Corporate Lawyer

Many tenacious clients grimace when they debate hiring a lawyer to help them incorporate. This article will help you decide.

4 views0 comments

Jul 1, 2022
4 min

Personal Services Business Risk Explained

Are you an incorporated subcontractor? Have you thought about your risk of double taxation? PSBs suck. Learn about this nasty tax trap.

13 views0 comments

Jun 1, 2022
5 min

Should You Incorporate Your Rental Property?

As a CPA this is a question I get OFTEN. My answer: probably not.This article debunks the myth that everything is better in a corporation.

56 views0 comments

May 1, 2022
5 min

Should You Incorporate Your Small Business?

As a CPA, this is probably one of the most popular reasons new clients come to see me - and it's a great question.

2 views0 comments

Mar 31, 2022
3 min

Bookkeeping Write-Offs Are Not Better in A Corporation

There are some big misconceptions about incorporations out there that cost small business owners thousands of extra dollars. Let us clarify.

5 views0 comments

Mar 1, 2022
3 min

Incorporation vs Sole Proprietorship – What’s The Difference?

What is the difference between a sole proprietorship and an incorporated business? Which is the best business structure for you?

1 view0 comments

Feb 1, 2022
6 min

How To Write Off Your Vehicle in Your Business

As a business owner, vehicle write-offs can be one of the best ways to reduce your taxes. It is also one of the easiest targets for CRA.

1 view0 comments

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Articles & Advice

Our articles are written by Chartered Professional Accountant Jillian Battaglio.

Want More Free Tax Advice?

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