By OptiVal Editorial Desk
If you own your corporation, pay yourself a salary, and max out your RRSP every year, you have probably had this thought: is there a legal…
Insights for Canadian Business Owners
By OptiVal Editorial Desk
If your office is the spare bedroom, the kitchen table, or a converted garage, here is the good news: CRA lets you deduct a share of…
By OptiVal Editorial Desk
If your bank wants more collateral than you have before it will lend you real money, the Canada Small Business Financing Program may be exactly what…
By OptiVal Editorial Desk
So your corporation is sitting on extra cash. Maybe the operating company had a good year, or you've been keeping earnings inside for a while. The…
By OptiVal Editorial Desk
Getting a letter from the CRA is one of those moments that ruins a perfectly good Tuesday. Here is the part most owners do not hear…
By OptiVal Editorial Desk
Every incorporated owner in Canada hits the same question at year end: salary vs dividends? Accountants usually answer it with tax-integration math, which says the two…