“I am currently carrying on business as a sole proprietor, should I continue this practice? When should I incorporate?” This is a common question that I get fairly often from clients. Many businesses start off as sole proprietorships, both to minimize costs and keep...

Ok raise your hand if you floss daily? Now keep your hand up if you like flossing? I can’t see you but I’m guessing there are very few (or no) hands still up! So why make such a bold statement about flossing? Well maybe not all successful people floss, but I’m...

1. Vehicle Expenses – If you use your vehicle for business purposes, you can deduct a portion of the following expenses: Lease Payments (if applicable) Capital Cost Allowance (if you own the vehicle) Interest (if you own and are financing the vehicle) Fuel Oil Changes...