Back to the blog

Corporate Tax

Corporate Tax Tips for Small Businesses

We aim to provide educational, understandable content around common corporate tax issues.  We also help incorporated businesses in Canada to navigate the complexities of corporate taxation.

If you're looking for help with corporate tax compliance and tax planning, check out or corporate tax services here.

What Expenses Can I Deduct in My Business?

If you’ve operated a business or know someone who has, chances are you’ve had the conversation about what you can “write off”. It may have gone something like this:

Paul Sharpe, CPA, CA
/
Mar 18, 2018

Shareholder Loan: Understand it and Avoid Trouble with the CRA

After reading this article you’ll understand what a shareholder loan is and how to use it. You’ll also be aware of potential tax issues that can arise with CRA and how to avoid them.

Paul Sharpe, CPA, CA
/
Oct 17, 2022

Holding Company in Canada: What is it for?

Learn how a holding company in Canada works. Find out when to use one (with examples) and the advantages and disadvantages of a holding company.

Paul Sharpe, CPA, CA
/
Oct 11, 2023

TOSI Rules When Paying Dividends to Your Spouse

This article will explain what tax on split income (TOSI) rules are. Specifically, we’ll look at how TOSI rules affect your ability to pay dividends to your spouse and adult family members.

Paul Sharpe, CPA, CA
/
Mar 28, 2019

Corporate Share Structure: Tax Considerations for Canadian Businesses

Often when owners incorporate a company themselves, they are not aware of the requirements and implications of issuing shares.This article will help to explain (from an accounting perspective) the reasons for certain share ownership structures of small businesses.

Melissa Gayfer, CPA
/
Sep 22, 2022

Salary Vs. Dividends: How to Pay Yourself from Your Corporation

Salary vs Dividends Canada - Learn how to pay yourself from your corporation in Canada and which method is best (with examples).

Paul Sharpe, CPA, CA
/
Oct 23, 2023

2024 Tax Deadlines Canada: When Are Corporate and Personal Taxes Due?

This article explains all of your 2024 corporate and personal tax deadlines plus deadlines for GST/HST filing in Canada.

Paul Sharpe, CPA, CA
/
Jan 2, 2024

What You Need To Know About Small Business Taxes In Canada

As a small business owner, it’s important for you to know the Canadian tax system is set up to your advantage. You can build wealth within your company and for retirement. Here's what you need to know in order to use the tax system to help you succeed.

Joe Collins, CPA, CA
/
May 24, 2021

What is a Section 85 Rollover and Why Would I Use it?

A Section 85 Rollover can be used to reduce personal taxes when incorporating your sole proprietorship. This article will explain how a Section 85 Rollover works and give some examples to illustrate this tax planning technique.

Melissa Gayfer, CPA
/
Jan 9, 2023

What is a Personal Services Business?

Being classified as a personal services business means that your corporation will lose out on many of the tax benefits that usually exist for a corporation in Canada. Let’s learn why this happens and how to mitigate the negative consequences.

Melissa Gayfer, CPA
/
Jan 27, 2021