Insights
On June 30th, 2021, the Canadian Government passed Bill C-208. This Bill allows share capital restructurings and inter-generational transfers within a family unit, which two notable anti-avoidance provisions can catch in the Income Tax Act (ITA), Sections 55 and 84.1.
As a dentist, you’ve worked hard establishing your practice, and you want to maximize your earnings, including saving on taxes.
Make sure your dental financial plan reaches your goals with our six-step process that guides you through the financial planning process.
Get answers to your questions about capital gains exemption and how to effectively multiply its outcome when factoring family members over the age of 18.
Your practice value is worth more than just numbers, it represents your life’s work. Your practice should always be in a maximum value position so you are prepared for planned or unexpected events that may occur at any point of your practice cycle/career.
It’s RRSP season, the deadline of March 1, 2019 is quickly approaching!
Congratulations on starting your own small business! Yes, that’s what your new dental practice is – a small business. Like any other small business, you have chosen a name, logo, hired staff members and found your perfect location. But once you open those doors for the first time you are in the next important stage of being a business owner; expediting lead generation to build your patient file. Which will ultimately lead to your business’ success.
Your practice value is worth more than just numbers, it represents your life’s work.
What to look for when transitioning employees between practice owners
Effective April 9, 2020 the application for Canada Emergency Business Account (CEBA) became available and practices have the ability to apply for Government relief online.
Are you a practice owner?
How to Still Save for your Retirement in your Corporation Tax Free
In the dental profession, it is generally understood that dental benefits are merely a subsidy intended to defray the costs of treatment.
