Company
Canada Revenue Agency
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Taxes on split income hit home
One of the long-held advantages of working for your own company is that you can pay wages and/or dividends to split income among family members. Salaries and wages paid to a spouse, partner, or child have always been subject to…
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CTA wants crackdown on ‘Driver Inc.’ payments
TORONTO, Ont. – The Canadian Trucking Alliance (CTA) continues to sound the alarm about Driver Inc. – a payment model in which drivers who do not own or operate their own vehicle still become incorporated and receive pay without source…
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Profitability: Taxing times
Preparing now makes filing next year’s income taxes easier
