Posts

5 Tax Impacts on Real Estate Investors from the Proposed Tax Changes on Private Corporation

We are changing our office number! I am in the middle of switching my business phone network from a US carrier to a Canadian carrier.  Although we can work out the logistics to port the old number over, I’m assigned a new number temporarily…
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4 Tax Lessons Every Small Business Owner Needs to Follow

Recently I had a couple of gatherings with my old accounting firm colleagues.   Back in the day, in order to get licensed we were required to work in an accounting firm to get experience.  Many of the junior staff were indeed fresh grads…
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Budget 2017: What You Need to Know as Small Business Owners & Real Estate Investors

This week marked the completion of our Crossfit Open 2017.  It’s my first time participating in it and it was a lot of fun. I mentioned in my last blog post that I belonged to this 18-34 age group, mixed together with the best…
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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.…
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How to Take Cash Out from Your Corporation and Lower Your Tax Liability?

Happy belated Valentine’s Day to all of you. Erwin and I had a very uneventful Valentine’s day. We spent the day resting at home, trying to rest and recover from our illnesses. I got a very nice present from him – a MUSE headband…