Guides
Ontario Small Business Tax and Accounting Guides
Written for incorporated owner-managed businesses in Ontario, and kept current as the rules change. Nothing here is gated and none of it asks for an email address.
Contractors and trades
Archive
Earlier articles
These were published on the previous site and are being moved across.
Med spas and clinics
- HST on med spa clinics in Ontario: what owners get wrong, and how to stay audit proof
- How Ontario med spas should structure MD and RN partnerships the right way
- Scaling from solo injector to full med spa: the financial systems you need first
- Salary vs dividends for Ontario injectors and med spa owners
- The real profit margins of an Ontario med spa
- Why most Ontario med spas have messy books: POS, gift cards and accounting chaos
Owner pay and structure
- Optimize your income: the salary vs dividend dilemma in Canada
- How to pay yourself: salary vs dividends
- Smart income splitting through reasonable salaries in Canada
- Is incorporation right for your business?
- Enhance employee benefits with a Health Spending Account (HSA)
- Smart employee benefits: maximizing deductions while boosting morale
Deductions and write-offs
- The guide to meals and entertainment expenses
- A guide to capital cost allowance (CCA)
- The essential guide to vehicle expense claims in Canada
- Maximize your tax savings with the home office deduction
- Leveraging business loan interest deductions
- Understanding Canada's Accelerated Investment Incentive
- Disability modification deductions for Canadian businesses
- Maximizing the apprenticeship tax credit
- The power of charitable donations in Canada
Planning and timing
- Year-end tax strategy: smart business purchases
- Deferring income and accelerating expenses
- Smart tax timing for Canadian businesses
- Quarterly tax instalments: your guide to stress-free planning
- Five tips for navigating tax season, personal and corporate
- Essential updates for individuals and corporations
HST and CRA
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