Oct 31, 2019 | Edmonton Tax Accountant
Small businesses who have not incorporated their business, are missing out on an opportunity to utilize the corporate structure in order to minimize tax in their business says Edmonton tax accountant. Since the highest personal tax rate in Alberta is currently 48%,...
Oct 31, 2019 | Edmonton Tax Accountant
There are many reasons why businesses may want to incorporate says Edmonton tax accountant. But one of the biggest reasons that itís advantageous for business owners to incorporate their business, is to take advantage of the small business tax rates in Alberta....
Oct 31, 2019 | Edmonton Tax Accountant
Entrepreneurs who are not incorporated, or not taking advantage of the small business tax rate says Edmonton tax accountant currently the personal tax rate in Alberta is 48%, which is the highest marginalized tax rate. Many entrepreneurs want to become incorporated in...
Oct 31, 2019 | Edmonton Tax Accountant
Edmonton tax accountant says that The Fraser Institute reports that the average Canadian pays 43% of their income in taxes, and by comparison only 37% of their remaining income goes towards basic necessities such as food clothing and shelter. While the reasons why...
Oct 31, 2019 | Edmonton Tax Accountant
Often, entrepreneurs want to go into business for themselves in order to take advantage of the small business tax rates says Edmonton tax accountant, but without the proper knowledge of how to do that, end up continuing to pay too much taxes. The average Canadian pays...