Jan 20, 2020

Tax Tips for Sole Proprietor Businesses in Canada

People often ask us, “What can I write off from my business income?” Here is a quick and easy guide to the basic tax write offs allowed for a sole proprietor business in Canada.

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Jan 14, 2019

#TaxTipsTuesday Episode 6 – Build Profit Into Your Business with The Rule of Thirds

Easy strategy for planning for profit in your small business using the Rule of Thirds. Works well for small service businesses and retail stores such as Photographers, Web Designers, Graphic Designers, Marketing Firms, Hair Salons, Retail Clothing Stores or Housewares Retail. Who does this strategy not work for? Trades and Construction related businesses.

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Dec 31, 2019

#TaxTipsTuesday Episode 5 – Goal Setting using S.M.A.R.T. Goals Worksheet

Set personal and professional goals for 2020 using the free SMART Goals worksheet. SMART is an acronym for Specific, Measurable, Achievable, Relevant, and Time-Bound.

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Dec 24, 2019

#TaxTipsTuesday Episode 4 – Christmas Eve One Simple Tip: Spend Less Money Than You Make

Spend less money than you make for profit in your business and in your personal life. Use a budget to track spending in both business and personal finances and track expenses against the budget.

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Dec 17, 2019

#TaxTipsTuesday Episode 3 – When To Give Yourself a Year End Bonus

Year End Bonus and Salary for owners of Sole Proprietorships and Corporations in Canada, Small Business Limit, Salary and Payroll Source Deductions

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