Corporate tax is the amount of income tax that one has to pay on the profits of his company. Here the word company does not just mean to an individual business, but it also refers to clubs, associations, societies, trade associations, housing corporations and groups of individuals that are partners or have shares in a [...]
Many people with credit cards find themselves seeking credit cards debt settlement to help end the debt spiral that causes bankruptcy in thousands of people every year. A settlement can end enormous interest payments that can add up to be more than double the original sum borrowed. However, there are some ways that consumers can [...]
On July 9th, the Department of Finance moved to tighten Canada’s mortgages markets by announcing changes to the requirements for federally-backed mortgage insurance. The changes set minimum credit scores that home purchasers must meet to qualify for mortgage insurance on so-called ‘high-ratio mortgages” while restricting amortization terms to 35 years and requiring a minimum 5% [...]
Sooner or later you are going to exit your business. The question isn’t whether or not you will be ready. The sixty four thousand dollar question is whether or not your business will be ready. It is estimated that seven out of ten privately held businesses have no succession plan to transfer the business to [...]
