by Marlin Lucuk | Jul 20, 2021 | Corporate
If you’re considering or in the process of setting up a new Canadian Business, chances are you’ve come across the various types of shares and ownership structures. Below we’ll provide some clarity on their differences to help you make a more informed decision... 
by Marlin Lucuk | Aug 19, 2021 | Corporate
Options for Exiting A Business When it comes to closing or exiting a business, there are many factors to consider. You may be asking yourself: Is this the right time? Do I sell externally or internally? What are the personal tax implications of selling? We explore... 
by Marlin Lucuk | Dec 13, 2022 | Corporate
Canadian businesses use depreciable capital assets, such as machinery or equipment, in their operations. As businesses age, new capital property must be acquired to improve processes or to replace old assets at the end of their useful life. As a community, Grande... 
by Marlin Lucuk | Mar 15, 2022 | Corporate, Tax Planning
Everything you Need to Know About Writing Off a Car for Business One of the more common business expenses, especially for local small to medium-sized contracting companies, is automobiles. Choosing to purchase or lease your corporate vehicles and how those vehicles are... 
by Marlin Lucuk | Feb 14, 2023 | Tax Planning, Corporate, Personal
Whether you are a resident in our home community of Grande Prairie, Alberta, live somewhere else in Canada or live the Canadian snowbird lifestyle if you’ve earned personal or business income in 2022, now’s the time to start planning for tax season. Our team here at... 
by Marlin Lucuk | Jul 14, 2022 | Corporate
Accurate accounting does more for your business than ensuring compliance and optimizing taxation. Professionally prepared statements provide decision-makers with data on key financial performance indicators. Below we discuss some of the most common business accounting...