Posts

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Contractors: 3 Business Tips to Take Your Business to the Next Level

My dad is a general contractor in Hong Kong. My brother works for him as a project manager. My dad loves to share with me how much business he has completed in the last year. He loves to talk about the top line, revenue. Revenue, he does…

How to Deduct Travel Expense by Avoiding This Cirque Du Soleil’s $38M Mistake

I spent a few days in Hong Kong last week attending my grandma’s funeral.  (Thank you for all the clients who’ve reached out.  Much appreciated.) While I was there prepping for this week’s blog post, I found a court case about Cirque…
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How to Maximize HST Claims When Purchasing a New Vehicle

My cousin got married in May 2016 in Hong Kong. Robin was 2.5 years old, and Bruce was 10-month-old at the time. We would have cramped in a less than 800 square foot condo one bathroom with a total of 4 adults and two kids with my family…
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6 Little Known Facts About Structuring Joint Venture Deal in Real Estate

Back to school week! My daughter is in Junior Kindergarten this year. Since she had been in half day daycare five days a week last year, I didn’t expect to get emotional when she’s off to the full-day kindergarten on Tuesday. I…
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9 Tax Tips Canadian Amazon Reseller Should Know When Selling on Amazon.com

It was the summer long weekend.  We started our long weekend by celebrating my birthday at Niagara Falls. As we get older, it’s less about presents but more about presence and experience.  😊 This year, I decided to try the Whirlpool…
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Four Powerful Reasons You Should Hire Professionals to Setup Corporation

Happy belated Canada Day. I always feel extremely blessed on Canada Day. I immigrated to Canada 20 years ago, have been a citizen for about 16 years now.  I am blessed to live in this country, enjoy the natural beauty and the freedom…
What Everybody Should Know About Doug Ford's Tax Change
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What Everybody Should Know About Doug Ford's Tax Change

Joanne and I, and 80 other entrepreneurs spent two days at the Rock Star Entrepreneur Summit in Oakville. Over the past few years, I've attended at least five different conferences. I'm just blown away by how practical the information is…

5 Impacts on Transferring Rental Properties into a Corporation

Real estate investors usually start investing in their personal names. It’s easy, simple and the cheapest form of ownership. Once they test the water, many of them decide that they will continue their investing journey. Some investors…

What's the Tax Impact of Hiring a Subcontractor vs. an Employee?

We had a fantastic long weekend. We had a blast hosting two parties at home, celebrating Canada’s 150 birthday and my son’s birthday. Time flies.  He’s already 2 years old.  He can play by himself quietly with my daughter.  He…
Tiered Corporate Structure
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5 Tips to Determine Whether You Should Setup a 3 Tiered Corporate Structure to Own Your Business & Rental Portfolio

January came and went. So has February. For those of you who are wondering if I am still sticking with my 4:30am wake up time, it’s getting bigger and better. March and April are the busiest time of the year as a public accountant.…