by Marlin Lucuk | Dec 18, 2025 | Tax Planning
Finance Minister François-Philippe Champagne tabled Canada’s 2025 Federal Budget on November 4th, positioning it around economic resilience and productivity investment. For business owners in Grande Prairie and the Peace Country, several measures require...
by Marlin Lucuk | Nov 1, 2025 | Tax Planning
When you own a corporation, the question of how to pay yourself isn’t just a tax decision—it’s a choice that affects your retirement savings, your ability to get a mortgage, and whether you’ll face an unexpected $30,000 tax bill next April. Most business owners in...
by Marlin Lucuk | Oct 1, 2025 | Tax Planning
Starting June 16, 2025, the Canada Revenue Agency made online mail the default for all existing businesses. This means your tax notices, assessments, and crucial correspondence now arrive through your My Business Account instead of your mailbox. For Canadian business...
by Marlin Lucuk | Jul 2, 2025 | Tax Planning
The Canada Revenue Agency has intensified enforcement of existing tax rules affecting short-term rental operations. In 2024, the CRA began more strictly applying long-standing principles that deny business expense deductions for non-compliant rentals — particularly...
by Marlin Lucuk | Oct 19, 2021 | Corporate, Tax Planning
If you own and operate as an incorporated small business, you may be surprised to learn that the CRA may classify you as a Personal Service Business (PSB). Below we explore how a PSB is defined, its potential disadvantages to your corporation and simple tax planning...
by Marlin Lucuk | Jan 10, 2022 | Tax Planning
Each year hard-working, honest Canadians must navigate the never-ending changes to personal tax filing. In this month’s blog, we present some simple strategies that can help income earners limit their tax exposure. Leveraging Debt Next time you’re making a large...