Changes to the Eligible Capital Property Rules Effective January 1, 2017
Eligible capital property (ECP) includes items such as goodwill, patents, trademarks, customer lists and other intangibles with no fixed lifespan. As of January 1, 2017,
Deciding how to organize your business takes a great deal of planning, consideration, and guidance.
You can defer and even save a significant amount in taxes, resulting in improved profits and allowing you to invest more into your business by choosing the correct structure for your business.
We can answer any questions you might have about your business structure and how it will affect you financially. In order to answer these questions, we review your finances, operations, and goals, and provide guidance as your needs change. We are happy to advise you on:
We implemented a corporate structure, based on KWB’s advice, that has benefitted us every year since.
— Doug Miller, Granville Software Inc.
Many business owners have their business finances tied closely to their family finances. You likely want your business to benefit your family, and the way you structure it can help you to provide a secure financial future for them. By setting up your business in a way that ensures financial protection, security, and savings, you will be setting your family up for success.
At KWB, we help you identify the best way to structure your business for maximum financial security and tax savings. If you would like to discuss your corporate structure options, please contact us.
Eligible capital property (ECP) includes items such as goodwill, patents, trademarks, customer lists and other intangibles with no fixed lifespan. As of January 1, 2017,
The current Small Business Deduction in Canada allows corporations to pay a lower rate of tax on their first $500,000 of active business income. Active
Do you own a business – either incorporated or unincorporated – and have a spouse or one or more adult children with an income lower
We often hear about individuals who decide to incorporate while working as an employee for a business. But is it really beneficial to do so?
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discussion about how we can help grow your business.
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