Tax

Donate life insurance, save tax

Save tax by donating life insurance with this new CRA rule.

May 2, 2014

2 min read

Employ your spouse to reduce taxes

You need to hire an assistant. And after interviewing several candidates, you realize your spouse is best suited for the role. As long as he actually works for you and is paid a reasonable salary, you can deduct the wages you pay him from your business income.

May 2, 2014

3 min read

Deal breakers

Sometimes, seemingly good companies don’t make it to sale closing. Here are the primary reasons why transactions fail.

By Mark Groulx |May 1, 2014

4 min read

Ontario budget hikes tax on rich

The Ontario government will increase taxes for those making above $150,000.

By Staff, with files from The Canadian Press |April 30, 2014

1 min read