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Corporate Tax

Corporate Tax Tips for Small Businesses

We aim to provide educational, understandable content around common corporate tax issues. 聽We also help incorporated businesses in Canada to navigate the complexities of corporate taxation.

If you're looking for help with corporate tax compliance and tax planning, check out or corporate tax services here.

Canada鈥檚 Proposed Tax Changes - What Entrepreneurs Need to Know

There鈥檚 been a lot of chatter about the proposed tax changes for Canadian corporations but like most things tax-related, it isn鈥檛 exactly quick and easy to get the skinny on the impacts your business may face.  Not to worry, 香港金光佛论坛 is here to explain the three most important things you need to know about these changes:

Paul Sharpe, CPA, CA
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Nov 21, 2017

How to Claim SR&ED Tax Credits

Unlock how to claim SR&ED tax credits for your business. Learn about eligibility, qualifying expenses, and tips to maximize your refund in this guide.

Paul Sharpe, CPA, CA
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Sep 9, 2018

What Expenses Can I Deduct in My Business?

If you鈥檝e operated a business or know someone who has, chances are you鈥檝e had the conversation about what you can 鈥渨rite off鈥. It may have gone something like this:

Paul Sharpe, CPA, CA
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Mar 18, 2018

Shareholder Loan: Understand it and Avoid Trouble with the CRA

After reading this article you鈥檒l understand what a shareholder loan is and how to use it. You鈥檒l also be aware of potential tax issues that can arise with CRA and how to avoid them.

Paul Sharpe, CPA, CA
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Aug 1, 2024

Holding Company in Canada: What is it for?

Learn how a holding company in Canada works. Find out when to use one (with examples) and the advantages and disadvantages of a holding company.

Paul Sharpe, CPA, CA
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Oct 11, 2023

TOSI Rules When Paying Dividends to Your Spouse

This article will explain what tax on split income (TOSI) rules are. Specifically, we鈥檒l look at how TOSI rules affect your ability to pay dividends to your spouse and adult family members.

Paul Sharpe, CPA, CA
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Mar 28, 2019

Corporate Share Structure in Canada: Essential Insights for Business Owners

Understanding corporate share structure is crucial when incorporating in Canada. In this guide, we'll walk you through the essentials, highlight common pitfalls, and provide tips for setting up the optimal share structure for your business.

Paul Sharpe, CPA, CA
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Sep 22, 2022

Salary Vs. Dividends: How to Pay Yourself from Your Corporation

Salary vs Dividends - Learn the best way to pay yourself from your corporation in Canada to minimize tax.

Paul Sharpe, CPA, CA
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Oct 23, 2023

2024 Tax Deadlines Canada: When Are Corporate and Personal Taxes Due?

This article explains all of your 2024 corporate and personal tax deadlines plus deadlines for GST/HST filing in Canada.

Paul Sharpe, CPA, CA
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Jan 2, 2024

What You Need To Know About Small Business Taxes In Canada

As a small business owner, it鈥檚 important for you to know the Canadian tax system is set up to your advantage. You can build wealth within your company and for retirement. Here's what you need to know in order to use the tax system to help you succeed.

Joe Collins, CPA, CA
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May 24, 2021