Salary vs. Dividends for Shareholders: What’s Best for You?When running a corporation, one major decision shareholders face is how to pay themselves: salary or dividends. Both options have pros...
Why Paying Tax Instalments is Important for Your BusinessRunning a small business involves keeping track of your money, and paying taxes is a big part of that. Paying your taxes in instalments...
Virtual Tax Preparation at Your Fingertips: Leveraging K Liu Accounting Services Inc.'s Expertise for Effortless Canadian Tax FillingIn today's fast-paced world, virtual tax assistance has emerged as a convenient and efficient way to file taxes. With its many benefits...
New Changes and New Credits for the 2023 Tax SeasonThe 2022 tax year has shown a steady transition back to the norm of pre-pandemic tax considerations. While the government is still...
A Business’s Guide on How to Prepare for Tax SeasonSoon it will be time to file your business income tax return. Whether you are self-employed or have a corporation, it is important to get...
How Does Working Remotely Impact Your Income Tax Deductions?With the onset of the COVID – 19 pandemic, numerous employers opted to allow their employees to work from home. Now that the restrictions...
Bill C-208 and How It Can Affect Your Family BusinessBill C-208 amends the Income Tax Act to reduce taxes that must be paid when a business owner wishes to sell shares of their farm, fishing...
Money Management Tactics for You and Your FamilyMoney management is important to be successful at paying your bills, saving for the future, being prepared for unexpected expenses, and...
Staying Calm During Stressful SituationsThe past year and a half has stressed everyone throughout the world. No matter how good your coping mechanisms are, there has been an...
The Changing Role of CPAsThe role of CPAs is changing as is evident by the new CPA exam implemented by the American Institute of Certified Public Accountants...
