Jun 25, 2026 | Contractors & Sole Proprietors, Small Business & Self-Employed
If you run a small business in BC or elsewhere in Canada, you will eventually need to decide whether someone working for you is an employee or an independent contractor. Get it wrong and you can face back CPP and EI remittances, interest, penalties, and disputes with...
Nov 13, 2025 | Contractors & Sole Proprietors, Tips for your Business
Salary vs. Dividends in Canada: How to Pay Yourself as an Owner If you own a Canadian corporation, you can pay yourself by salary, dividends, or a mix. The right choice depends on cash flow, RRSP room, CPP, and your personal tax bracket. Here’s a guide to decide,...
Apr 22, 2025 | Contractors & Sole Proprietors, Tips for your Business
As a small business owner in Canada, managing your finances and minimizing tax liabilities is crucial to ensuring profitability and sustainable growth. Here’s a breakdown of the top deductions and credits available to Canadian small business owners, along with tips to...
Apr 10, 2025 | Contractors & Sole Proprietors, Tips for your Business
Running a small business in British Columbia comes with many responsibilities, and managing finances is one of the most critical. While many entrepreneurs start out handling their own bookkeeping and taxes, there comes a point where hiring an accountant can save time,...
Mar 27, 2025 | Contractors & Sole Proprietors, Personal Tax and Finance
Tax season is an important time for self-employed individuals in Canada. Staying on top of key deadlines can help you avoid penalties, reduce stress, and ensure compliance with the Canada Revenue Agency (CRA). See our guide below to important tax deadlines, and...
Jan 29, 2025 | Contractors & Sole Proprietors, Personal Tax and Finance
As a freelancer or self-employed worker, your income, expenses, and tax filing requirements are often different from those of employees. Understanding your tax obligations is crucial to ensuring that you’re making the most of your freelance career. Whether...