by Doug Stansbury | Sep 5, 2019 | On Target - Blog, Small Business
One of the most frequent questions I get from clients is whether or not they should pay tax installments. Although this sounds like a simple enough question, the answer is rarely straight forward and depends on your individual situation. Are you liable for tax...
by Doug Stansbury | Aug 15, 2019 | On Target - Blog, Small Business
On September 1, 2019, new rules will be coming into force for businesses that sell to Quebec consumers. Under the old rules, only businesses with permanent establishments in Quebec were required to register for and collect the QST. Now, most businesses that sell...
by Doug Stansbury | Jul 19, 2019 | On Target - Blog, Small Business
THE IMPORTANCE OF NETWORKING & PERSONAL RELATIONSHIPS I thought I would take a break from writing about tax and accounting issues, and use this opportunity to talk about growing your business. Most of us who run small to medium sized businesses are always looking...
by Doug Stansbury | Aug 2, 2018 | On Target - Blog, Small Business, Tax Planning
Most small business owners that I talk to are aware of the capital gains exemption for Small Business Corporations, but very few know the details of how it works and fewer still are actively planning to take advantage of it. When entrepreneurs are just starting out,...
by Doug Stansbury | Dec 14, 2017 | Small Business
The proposed new rules for income sprinkling are set to take effect in just over two weeks. Yesterday, the federal government attempted to clarify under what situations these rules will apply. (See my previous blog on Tax Planning for Private Corporations) The...
