Business owners often have reservations about paying into the Canada Pension Plan (CPP). Many think they’re getting a bad deal by paying both the employer and the employee portion of the contribution, but can they do better by paying themselves dividends? In the last two episodes, we did an extensive review of how you can| The Money Scope Podcast
This page houses articles that I have written about using a Canadian Controlled Private Corporation (CCPC). These can go by[...]| Physician Finance Canada
Learn how to invest through a Canadian Private Corporation (CCPC), such as a professional corporation to minimize tax and maximize growth.| Physician Finance Canada
Learn income splitting strategies to lower your household tax bill in Canada. Both for high-income workers and business owners.| Physician Finance Canada
When it comes to creating an optimal compensation strategy plan, there’s a lot to navigate. And while there may be a plethora of general rules floating around on the internet, each individual’s optimal strategy is ultimately going to be dependent on their unique situation. That is why we’re using today’s conversation to break down the| The Money Scope Podcast
Learn how a capital gains harvest can either boost corporate tax deferral or your personal investments. Best before date: June 25, 2024.| Physician Finance Canada
This simulator illustrates possible options for incorporated business owners to consider when planning to move money out of the corporation.[...]| Physician Finance Canada