Learn more about different ways to use a budget and I'll also provide some links to spreadsheets or apps that may help you.| Physician Finance Canada
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 why to pay yourself some salary as a self-employed professional. If incorporated, learn how to balance that with using dividends.| Physician Finance Canada
A corporation has different accounts to optimally hold your money. There are also notional accounts that only exist on paper. Still, those can mean real money through the tax refunds and advantages they offer. Learn how.| Physician Finance Canada
Minimize your household income by using the optimal salary and dividend mix for corporate income splitting using a private corporation.| Physician Finance Canada
Interest is heavily taxed in CCPC corporate accounts. Is Horizons corp class bond ETF HBB a magic bullet or shooting yourself in the foot?| Physician Finance Canada
In the last episodes, we've been talking about using a Canadian Controlled Private Corporation to invest. However, the main reason why corporations exist is to run businesses through. As a small business owner, it is important to know how to pay yourself from your business. Whether incorporated, or as a sole proprietor. Compensating yourself can| The Money Scope Podcast
Welcome to the supplemental episode to the main episodes about investing using a Canadian Controlled Private Corporation (CCPC). In this episode, we apply some of the knowledge-base from the main episodes on corporate investment taxation and investing strategy. We've picked three cases that highlight different common conundrums that people face trying to mesh their investment| The Money Scope Podcast
In the last episode, we introduced how investment taxation using a Canadian Controlled Private Corporation (CCPC) works. Different types of income are taxed differently in a corporation. We reviewed different types of investment income flow through a corporation and how that interacts with the corporation's active income. Plus, how you pay yourself. Today we'll start| The Money Scope Podcast
In the last episode, we discussed taxable investing for an individual taxable investor. We dove into the different forms that investment returns can take, and how they interact with your tax bill. We also talked about attribution rules, tax deferral, and tax drag. In this episode we cover investing in a Canadian corporation. Investment returns| The Money Scope Podcast
This simulator illustrates possible options for incorporated business owners to consider when planning to move money out of the corporation.[...]| Physician Finance Canada