Oct 22, 2019 | Edmonton Bookkeeper
One of the most misunderstood things in how business owners pay themselves is by shareholder loans says Edmonton bookkeeper. Business owners who fail to properly understand shareholder loans, can unfortunately get hit with tax assessment by CRA for significant amounts...
Oct 22, 2019 | Edmonton Bookkeeper
If business owners are not able to understand how shareholder loans work, they run the risk of being assessed higher taxes, or even getting hit with a huge tax bill unexpectedly says Edmonton bookkeeper. There’s very important things that a business owner should...
Oct 22, 2019 | Edmonton Bookkeeper
By not understanding shareholder loans, Edmonton bookkeeper says business owners risk paying higher taxes through not taking money out of their company efficiently, as well they can also be at risk for being assessed additional taxes by CRA at any time without...
Oct 22, 2019 | Edmonton Bookkeeper
Many business owners do not understand how shareholder loans work in their corporation, believing that they can take any money out of their business that they want at any given time says Edmonton bookkeeper. Not only is this not correct, it can also be dangerous for...
Oct 22, 2019 | Edmonton Bookkeeper
Business owners who don’t properly understand shareholder loans, and up paying higher taxes because they don’t understand and by not clearing up their corporation owes them, says Edmonton bookkeeper. Or they don’t adequately plan how to take the money out of their...
