by Ryan Douglas | Oct 1, 2018 | Blog, Business Owners, corporate
Many business owners are unaware that corporate owned life insurance combined with the Capital Dividend Account (CDA) provides an opportunity to distribute corporate surplus on the death of a shareholder to the surviving shareholders or family members...
by Ryan Douglas | Jul 1, 2018 | Blog, Business Owners, corporate, dental benefits, Group Benefits, health benefits, pension plan
Business owners are increasingly recognizing the key importance of implementing employee benefit plans in their organization and this is an area that has grown considerably in recent decades. Employee benefits comprise all of the additional things that you offer to...
by Ryan Douglas | Oct 30, 2017 | Blog, Business Owners, Business Owners, corporate, Tax
It has certainly been a busy week in terms of announcements regarding financial policies for small businesses. Following the series of proposed tax reforms that the government announced back in July, various tweaks and changes have subsequently been made, owing,...
by Ryan Douglas | Sep 17, 2017 | Blog, Business Owners, Families, Individuals, Tax
BC Finance Minister Carole James delivered the province’s 2017 budget update on Sept. 11, 2017. The budget anticipates a surplus of $46 million for the current year, $228 million in 2018-2019 and $257 million in 2019-2020. As a result of the provincial election...
by Ryan Douglas | Sep 1, 2017 | Blog, Business Owners, Finance
Writing an estate plan is important if you own personal assets but is all the more crucial if you also own your own business. This is due to the additional business complexities that need to be addressed, including tax issues, business succession and how to...
by Ryan Douglas | Apr 6, 2017 | Blog, Business Owners, Sole Proprietor, Taxes
Should I incorporate? That really depends on your situation and needs. Before making a decision, please consider the advantages and disadvantages of a sole proprietorship versus corporation. Setup Costs: Sole Proprietor: Setting up your business is pretty simple and...
