by Roberto Belingueres | Oct 23, 2022 | Accounting, Articles & Publications, Taxes
Shareholder Owners Salaries vs Dividends. Which Method is Better for You? When is it better to pay yourself a salary vs. dividends as the owner/manager of a corporation? Each method has pros and cons, and as a business owner, you should be aware of your options...
by Roberto Belingueres | Sep 19, 2022 | Articles & Publications, Taxes
Understanding the Shareholder Loan. How to Use it to your Advantage and Stay Compliant with CRA If you are the owner-manager of a corporation, understanding the concept of the shareholder loan is essential to running your business. Below I will explain what a...
by Roberto Belingueres | Nov 21, 2021 | Advisory, Articles & Publications, Taxes
Beware of using your corporation’s income to pay personal expenses. Suppose you own an incorporated business or professional corporation. In that case, it can be pretty tempting to pay for various personal expenses out of your corporation’s income, but...
