We’re approaching the end of the year, so it’s time to review your business finances. We’ve put together an article highlighting the most critical tax-planning tips you need to know as a business owner.
We’ve focused on:
• How to determine the right salary and dividend mix.
• The best ways to handle compensation.
• How to make sure you can take advantage of the small business deduction.
• What you need to know about depreciable assets and charitable donations.
• How to make the most of Covid-19 relief programs.
http://coreplan.net/wp-content/uploads/2021/12/2021-Year-End-Tax-Tips.png281500CorePlan Financial Inc.http://coreplan.net/wp-content/uploads/2018/06/dualLogo3.jpgCorePlan Financial Inc.2021-12-01 10:51:482021-12-01 19:06:022021 Year-End Tax Tips for Business Owners
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
http://coreplan.net/wp-content/uploads/2021/11/500x500-BUSINESS-SUCCESSION-coverImage.png500500CorePlan Financial Inc.http://coreplan.net/wp-content/uploads/2018/06/dualLogo3.jpgCorePlan Financial Inc.2021-11-01 06:00:002021-11-01 13:12:08Easy Exit: Business Succession in a Nutshell
On Thursday, October 22nd, Deputy Prime Minister and Finance Minister Chrystia Freeland announced the "final pivot in delivering the support needed to deliver a robust recovery." This "Final Pivot" means several existing pandemic support programs for individuals and businesses will expire on October 23rd, 2021:
- Canada Recovery Benefit (CRB)
- Canada Emergency Rent Subsidy (CERS)
- Canada Emergency Wage Subsidy (CEWS)
http://coreplan.net/wp-content/uploads/2021/10/COVID-19-Emergency-benefits-expire-october-23.png281500CorePlan Financial Inc.http://coreplan.net/wp-content/uploads/2018/06/dualLogo3.jpgCorePlan Financial Inc.2021-10-22 14:19:082021-10-22 21:36:06"Final Pivot" - COVID-19 Emergency Benefits expire October 23rd, replaced by targeted supports
By providing your email address, you provide us with your express consent to send you commercial electronic messages related to finances and/or investments that may be of interest to you. Should you wish to discontinue receiving emails of this nature, you may contact us at email@example.com to withdraw your consent at any time.