Posts Tagged "business"

When is an Annual Return not a Tax Return?

Sometimes when people say “Annual Return” they are referring to a tax return but an “Annual Return” is also what the Province of Alberta calls the return that needs to be filed with a registry office each year. Each year…

Salary or Dividends

Small business owners often ask if they should pay themselves with salary or dividends. The answer, as usual, depends on your particular financial situation and goals. First of all remember that: Salaries build up RRSP room. Dividends do not. Salaries…

Make Networking Work

Most of us know how hard it is to make Networking really work. But here is an article I found at bookmarklee.co.uk that sums things up nicely: If we focus only on what we can get from a networking situation…

Employment Standards

Employment standards are a provincial issue and Alberta has its own set of employment standards. To find out things like: Minimum wage Employment of minors Hours of work Holidays Vacation pay You need to go to Alberta’s website at www.alberta.ca…

Year End Matters

Many corporations have year ends at December 31 and personal tax returns all operate on a calendar year basis. So, here are a few things to check to make sure you are in compliance with Canada Revenue Agency’s reporting requirements:…

Should you get a GST Number?

We often get asked – Should I get a GST number? In this blog we will explain why we think the answer is yes. And these comments apply whether you are operating as a proprietorship or a corporation. You may…