by J. Stephen Pope
Faulty information costs you money! Which of these popular business misconceptions do you believe?
income tax
Home Based Business: Your Ultimate Tax Shelter
by J. Stephen Pope
Starting and operating your own home based business is the ultimate tax shelter.
Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions.
Rearrange Your Affairs For Maximum Tax Savings
by J. Stephen Pope
One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if only the taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!
Reducing Taxes Through Dividend-Salary Mix Calculations
by J. Stephen Pope
Should I take wages or dividends from my privately owned corporation? What is the best way of taking money out of my company? In other words, what will result in the least amount of income taxes?
A Canadian accountant will perform a dividend-salary mix calculation to determine the best way of withdrawing money from the corporation.
Even though Canadian income tax laws are different from other jurisdictions, some of the same principles of tax planning will still apply.
Top 7 Small Business Tax Tips
by J. Stephen Pope
Here are seven ways for owners of small businesses to save money on their taxes.
Top 7 Reasons to File Your Income Tax Returns on Time
by J. Stephen Pope
Here are seven reasons for not being late filing your income tax returns.