By Donna Marrin Prevention is your best revenge 1. At Home Lock personal information in a secure place at all times so nobody entering your home, invited or not, can gain access to it. Purchase a personal shredder and shred all documents before you trash them: charge receipts, insurance forms, cheques, bank statements, expired charge…
Tag Archive: Finance
Identity Theft Hurts: Part 1
By Donna Marrin Imagine this: A stranger finds a way to steal your personal information, be it your social insurance number, driver’s license number, credit card and bank account numbers, your mother’s maiden name. Then he uses this information to obtain lines of credit and credit cards from banks and retailers, siphon money from your…
STAPLES BizTIPs 4business: Beat the Tax Man
By Small Business Expert Roger Pierce, BizLaunch It’s tax season again and the time of year many small business owners dread. Paying your taxes is part of business life, and self-employed people usually don’t get a refund. Therefore, it’s important to take advantage of these tax-saving tips: · Keep your receipts. A business is taxed…
Finding an accountant you can rely on
By Rachel Swiednicki As the daughter of an entrepreneur, I know how time consuming running a small business can be and how hard small business owners work. Every January and February, I work with my father to help sort receipts, fill out T4’s and the like. Hiring an accountant to handle your payroll duties can…
Tech Tuesdays: The top five tax software programs for Canadians
By Small Business Expert Roger Pierce, Bizlaunch Understanding the underlying principles of how we are taxed in Canada, how government-legislated tax incentives work and how to choose the tax strategy that is best suited to your business will enable you to plan effectively. What you can deduct, how much, why, and for what reasons are…
The pros and cons of incorporating vs. not incorporating your business
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team One of the questions asked most frequently by entrepreneurs is, “Should I incorporate my business?” The answer to this question is usually, “That depends on your particular situation and needs.” There are potential pros and cons to be considered before choosing…
Creative ways that small businesses can help raise finances
by Neil Horton In these credit-crunching times, raising financial backing has become harder than ever. For small businesses, this recent squeeze has hit hard as banks tighten up their risk profiles. New capital is, of course, the lifeblood of any business, and particularly, for ones that want to expand. With this setting as a backdrop,…
Income splitting by paying salaries to spouse and children
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team A penny saved is a penny earned, as they say. “They” must have been a small business owner, because any time you can reduce costs, you improve your bottom line. When it comes to tax time, finding all your allowable deductions…
HST Part 2: Get ready, get set, go.
In spite of all the hoopla around the recently announced HST in Ontario and BC, consensus seems to be that once it kicks in next summer, the new harmonized sales tax will help reduce paperwork (after the transition of course!) and lower costs by allowing small businesses to recover the provincial part of the tax…
Tag Archive: Finance
Identity Theft Hurts: Part 2
By Donna Marrin Prevention is your best revenge 1. At Home Lock personal information in a secure place at all times so nobody entering your home, invited or not, can gain access to it. Purchase a personal shredder and shred all documents before you trash them: charge receipts, insurance forms, cheques, bank statements, expired charge…
Identity Theft Hurts: Part 1
By Donna Marrin Imagine this: A stranger finds a way to steal your personal information, be it your social insurance number, driver’s license number, credit card and bank account numbers, your mother’s maiden name. Then he uses this information to obtain lines of credit and credit cards from banks and retailers, siphon money from your…
STAPLES BizTIPs 4business: Beat the Tax Man
By Small Business Expert Roger Pierce, BizLaunch It’s tax season again and the time of year many small business owners dread. Paying your taxes is part of business life, and self-employed people usually don’t get a refund. Therefore, it’s important to take advantage of these tax-saving tips: · Keep your receipts. A business is taxed…
Finding an accountant you can rely on
By Rachel Swiednicki As the daughter of an entrepreneur, I know how time consuming running a small business can be and how hard small business owners work. Every January and February, I work with my father to help sort receipts, fill out T4’s and the like. Hiring an accountant to handle your payroll duties can…
Tech Tuesdays: The top five tax software programs for Canadians
By Small Business Expert Roger Pierce, Bizlaunch Understanding the underlying principles of how we are taxed in Canada, how government-legislated tax incentives work and how to choose the tax strategy that is best suited to your business will enable you to plan effectively. What you can deduct, how much, why, and for what reasons are…
The pros and cons of incorporating vs. not incorporating your business
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team One of the questions asked most frequently by entrepreneurs is, “Should I incorporate my business?” The answer to this question is usually, “That depends on your particular situation and needs.” There are potential pros and cons to be considered before choosing…
Creative ways that small businesses can help raise finances
by Neil Horton In these credit-crunching times, raising financial backing has become harder than ever. For small businesses, this recent squeeze has hit hard as banks tighten up their risk profiles. New capital is, of course, the lifeblood of any business, and particularly, for ones that want to expand. With this setting as a backdrop,…
Income splitting by paying salaries to spouse and children
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team A penny saved is a penny earned, as they say. “They” must have been a small business owner, because any time you can reduce costs, you improve your bottom line. When it comes to tax time, finding all your allowable deductions…
HST Part 2: Get ready, get set, go.
In spite of all the hoopla around the recently announced HST in Ontario and BC, consensus seems to be that once it kicks in next summer, the new harmonized sales tax will help reduce paperwork (after the transition of course!) and lower costs by allowing small businesses to recover the provincial part of the tax…
Tag Archive: Finance
Identity Theft Hurts: Part 2
By Donna Marrin Prevention is your best revenge 1. At Home Lock personal information in a secure place at all times so nobody entering your home, invited or not, can gain access to it. Purchase a personal shredder and shred all documents before you trash them: charge receipts, insurance forms, cheques, bank statements, expired charge…
Identity Theft Hurts: Part 1
By Donna Marrin Imagine this: A stranger finds a way to steal your personal information, be it your social insurance number, driver’s license number, credit card and bank account numbers, your mother’s maiden name. Then he uses this information to obtain lines of credit and credit cards from banks and retailers, siphon money from your…
STAPLES BizTIPs 4business: Beat the Tax Man
By Small Business Expert Roger Pierce, BizLaunch It’s tax season again and the time of year many small business owners dread. Paying your taxes is part of business life, and self-employed people usually don’t get a refund. Therefore, it’s important to take advantage of these tax-saving tips: · Keep your receipts. A business is taxed…
Finding an accountant you can rely on
By Rachel Swiednicki As the daughter of an entrepreneur, I know how time consuming running a small business can be and how hard small business owners work. Every January and February, I work with my father to help sort receipts, fill out T4’s and the like. Hiring an accountant to handle your payroll duties can…
Tech Tuesdays: The top five tax software programs for Canadians
By Small Business Expert Roger Pierce, Bizlaunch Understanding the underlying principles of how we are taxed in Canada, how government-legislated tax incentives work and how to choose the tax strategy that is best suited to your business will enable you to plan effectively. What you can deduct, how much, why, and for what reasons are…
The pros and cons of incorporating vs. not incorporating your business
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team One of the questions asked most frequently by entrepreneurs is, “Should I incorporate my business?” The answer to this question is usually, “That depends on your particular situation and needs.” There are potential pros and cons to be considered before choosing…
Creative ways that small businesses can help raise finances
by Neil Horton In these credit-crunching times, raising financial backing has become harder than ever. For small businesses, this recent squeeze has hit hard as banks tighten up their risk profiles. New capital is, of course, the lifeblood of any business, and particularly, for ones that want to expand. With this setting as a backdrop,…
Income splitting by paying salaries to spouse and children
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team A penny saved is a penny earned, as they say. “They” must have been a small business owner, because any time you can reduce costs, you improve your bottom line. When it comes to tax time, finding all your allowable deductions…
HST Part 2: Get ready, get set, go.
In spite of all the hoopla around the recently announced HST in Ontario and BC, consensus seems to be that once it kicks in next summer, the new harmonized sales tax will help reduce paperwork (after the transition of course!) and lower costs by allowing small businesses to recover the provincial part of the tax…
Tag Archive: Finance
Identity Theft Hurts: Part 2
By Donna Marrin Prevention is your best revenge 1. At Home Lock personal information in a secure place at all times so nobody entering your home, invited or not, can gain access to it. Purchase a personal shredder and shred all documents before you trash them: charge receipts, insurance forms, cheques, bank statements, expired charge…
Identity Theft Hurts: Part 1
By Donna Marrin Imagine this: A stranger finds a way to steal your personal information, be it your social insurance number, driver’s license number, credit card and bank account numbers, your mother’s maiden name. Then he uses this information to obtain lines of credit and credit cards from banks and retailers, siphon money from your…
STAPLES BizTIPs 4business: Beat the Tax Man
By Small Business Expert Roger Pierce, BizLaunch It’s tax season again and the time of year many small business owners dread. Paying your taxes is part of business life, and self-employed people usually don’t get a refund. Therefore, it’s important to take advantage of these tax-saving tips: · Keep your receipts. A business is taxed…
Finding an accountant you can rely on
By Rachel Swiednicki As the daughter of an entrepreneur, I know how time consuming running a small business can be and how hard small business owners work. Every January and February, I work with my father to help sort receipts, fill out T4’s and the like. Hiring an accountant to handle your payroll duties can…
Tech Tuesdays: The top five tax software programs for Canadians
By Small Business Expert Roger Pierce, Bizlaunch Understanding the underlying principles of how we are taxed in Canada, how government-legislated tax incentives work and how to choose the tax strategy that is best suited to your business will enable you to plan effectively. What you can deduct, how much, why, and for what reasons are…
The pros and cons of incorporating vs. not incorporating your business
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team One of the questions asked most frequently by entrepreneurs is, “Should I incorporate my business?” The answer to this question is usually, “That depends on your particular situation and needs.” There are potential pros and cons to be considered before choosing…
Creative ways that small businesses can help raise finances
by Neil Horton In these credit-crunching times, raising financial backing has become harder than ever. For small businesses, this recent squeeze has hit hard as banks tighten up their risk profiles. New capital is, of course, the lifeblood of any business, and particularly, for ones that want to expand. With this setting as a backdrop,…
Income splitting by paying salaries to spouse and children
Brought to you by tax analysts from the QuickTax Business Incorporated and Unincorporated team A penny saved is a penny earned, as they say. “They” must have been a small business owner, because any time you can reduce costs, you improve your bottom line. When it comes to tax time, finding all your allowable deductions…
HST Part 2: Get ready, get set, go.
In spite of all the hoopla around the recently announced HST in Ontario and BC, consensus seems to be that once it kicks in next summer, the new harmonized sales tax will help reduce paperwork (after the transition of course!) and lower costs by allowing small businesses to recover the provincial part of the tax…
