Oct 31, 2019 | Edmonton Tax Accountant
The average Canadian pays 43 per cent of income in taxes according to the Fraser Institute, however businesses who incorporate can utilize the small business tax which is currently at 11% in Alberta says Edmonton tax accountant. Itís important for business owners to...
Oct 31, 2019 | Edmonton Tax Accountant
An extremely sobering statistic from the Fraser Institute says that the average Canadian pays 43% of income in taxes says Edmonton tax accountant. This include a variety of taxes such as income tax, CPP, EI, GST, fuel tax etc. They spend the rest of their income on...
Oct 31, 2019 | Edmonton Tax Accountant
Business owners whose businesses are not incorporated are paying too much tax says Edmonton tax accountant. Often, even businesses who are incorporated are not utilizing the corporate structure enough to minimize taxes. Business owners can greatly impact not only...
Oct 31, 2019 | Edmonton Tax Accountant
Thereís many benefits that business owners can get from utilizing small business tax rate says Edmonton tax accountant. The highest personal tax rate in Alberta is currently 48%, versus the 11% of small business tax rate that businesses can access if they are...
Oct 31, 2019 | Edmonton Tax Accountant
Edmonton Tax Accountant has a favorite business quote by Michael Gerber, the author of this email says that the fail assumption is: if you understand the technical work of the business, you understand a business that does that technical work. Essentially, just because...
