8 Completely Brilliant Retention Strategies for Executive Compensation

executive retention

If you went to the office one morning and someone gave notice, whose departure would make you feel irreparably harmed? Think about the key people you need to take your company to the next level of growth or become the next leader of the business. Also, consider who you consult with when making a critical or strategic decision. These are … Read More

10 Simple Ways to Pay Less Tax Through Your Business?

tax strategies

This week’s federal government budget illustrated that the federal government might be easing off its assault on small business owners.  They are moving forward with the proposal to eliminate the tax on split income (TOSI) for dividends paid to non-participating family members within a business.  They have eased off on the passive investment income that a business owner can keep … Read More

Business Owner Alert: Seeking Something Amazing if You’ve Maxed Out Your RRSPs?

Maxed Out RRSPs

The challenge for many business owners, they either haven’t contributed enough to one’s RRSP, or they’ve maxed out your RRSP contributions for the year.  The challenge is RRSP contribution room is derived from one’s T4 income from previous years.  If you choose to take money from your business in the form of a dividend, this doesn’t count towards RRSP eligible … Read More