Family trusts are great ways to manage money, but they are also one of the most misunderstood parts of taxes. Many families set up trusts to secure their assets, manage the transfer of wealth, or assist their dependents. However, they subsequently find out that they...
Revenue alone does not drive profit growth. Many businesses make more money but have trouble raising their margins because they make financial decisions without clear, up-to-date data. When you can’t see your cash flow, expenses, and operating costs clearly, you...
A large portion of Surrey’s business expansion is driven by immigrant entrepreneurship. Local commerce is growing more quickly than ever, thanks to immigrant business owners, who run everything from independent contractors to trucking fleets, from home-based...
Surrey’s small business landscape is growing faster than ever, and with that growth comes a new, unavoidable reality: tax planning can’t wait until year-end anymore. Whether you’re running a trucking business, a construction company, an online store, or a consulting...
One of the most important financial decisions you must make as a Canadian business owner is how you pay yourself—by salary, dividends, or both. Every approach has different tax consequences; thus, the appropriate decision might change your personal and business...