https://prairieschoonerwc.com/wp-content/uploads/2021/06/salaryVsDividendFI.jpg 810 1440 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-06-02 17:03:192021-06-03 00:18:12Salary vs Dividend
As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.
https://prairieschoonerwc.com/wp-content/uploads/2021/05/do-you-really-need-life-insurance-coverImage.png 500 500 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-05-05 16:28:002021-05-05 23:39:12Do you REALLY need life insurance?
You most likely do, but the more important question is, What kind? Whether you’re a young professional starting out, a devoted parent or a successful CEO, securing a life insurance policy is probably one of the most important decisions you will have to make in your adult life. Most people would agree that having financial safety nets in place is a good way to make sure that your loved ones will be taken care of when you pass away. Insurance can also help support your financial obligations and even take care of your estate liabilities.
https://prairieschoonerwc.com/wp-content/uploads/2021/04/FEDERAL-BUDGET-2021.jpg 281 500 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-04-22 10:37:312021-04-22 19:06:23Federal Budget 2021 Highlights
On April 19, 2021, the Federal Government released their 2021 budget. Our article contains highlights of the various financial measures in this budget, divided into three different sections: • Business Highlights, including an extension to COVID-19 Emergency Business Supports, new programs to support job creation, and a change in interest deductibility limits. • Individual Highlights, including details on the tax treatment and repayment of personal COVID-19 benefits (such as CERB), eligibility changes to the Disability Tax Credit, an increase in OAS for those 75 and up, and support for job skills retraining. • Additional Highlights, including a proposed federal minimum wage of $15, changes to the GST New Housing Rebate conditions, and new or increased taxes in areas such as luxury goods, tobacco, and Canadian housing owned by non-resident foreign owners.