Written by: Suzanne Cody CPA, CGA Senior Partner Have you set up your shares? One of the most important things you need to do when creating a new corporation, in addition to preparing Articles of Incorporation, is to set up share classes. Do you really own your corporation? Unless it is restricted by its articles, … Read more
Written by: Suzanne Cody CPA, CGA As busy as you are when you are just getting things going, it is important to be mindful of Tax issues. There is a great deal of juggling going on with so many puzzle pieces to put together when setting up a newly formed corporation. If you want to … Read more
In partnership with the Chartered Professional Accountants of Canada’s (CPA Canada) financial literacy program, we are very pleased to be presenting a special clinic to help improve the financial literacy of the Peterborough business community. We will be hosting a 60-minute session titled Understanding Financial Statements. This is a basic session explaining the terms … Read more
Written by: Suzanne Cody CPA, CGA Single shareholder corporations are probably one of the most common types of corporations created in Canada. When making the decision to incorporate, you should be aware of the pitfall of becoming an incorporated employee. As many contractors are finding out, tax-wise, it’s the most dangerous. It is known as … Read more