by Marlin Lucuk | Nov 15, 2021 | Tax Planning
If you’re an owner of a corporation, chances are you’ve received or will be receiving income from your business in the form of a salary, dividends or a combination of both. In this month’s blog, we compare the advantages and disadvantages of each compensation method to... 
by Marlin Lucuk | May 31, 2021 | COVID-19, Tax Planning
The proposed 2021 Federal Budget offers a variety of changes that impact tax reporting. Below we highlight some of these changes and how they impact Canadian employees and individuals. If you have questions regarding the budget and how it may impact your situation,... 
by Marlin Lucuk | Feb 10, 2022 | Tax Planning
Now that we’ve said goodbye to 2021 and begun filling up our day planners for the year ahead, there are some common tax deadlines to keep on the calendar. Personal Tax Filing Most employed individuals must file and pay taxes owed by May 2, 2022. Start getting organized... 
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 | Jan 24, 2023 | Saving, Investing, Tax Planning
If a Registered Retirements Savings Plan (RRSP) is currently part of your financial portfolio, you’ll have until March 1, 2023, to maximize your 2022 contribution. If you don’t hold an active RRSP, this blog may convince you to act now to realize immediate tax savings...