Tax consequences of borrowing to and from your company
When faced with a sudden need for capital, some business owners end up borrowing money between themselves, other investors, and their own company coffers – without analyzing the true costs and benefits.
Canadian Tax Planning Rules for Family-Owned Businesses
As we get closer to the April 30th deadline, personal taxes are on everyone’s mind. Whether or not it’s also year-end for your corporation, you can save significant sums of money by knowing the rules and avoiding the common pitfalls of filing taxes as a family-run company.