Hamilton Ontario Business Law Blog
Taxation Law
Problems with Shareholder Benefits
It is ideal that your small or medium sized businesses be incorporated. Most of these businesses are controlled by just one person, a family, or maybe a small group of owners. We call these closely-held private companies. When the Canada Revenue Agency audits a closely-held private company, they pay particular attention to transactions involving the […]
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Finding Tax Savings for Your Business
As the end of the year draws near, many companies are busy putting the closing touches on any last-minute transactions, acquisitions, payout, or benefits for the corporation’s year-end. Pretty soon, it will be time to file taxes for 2021, and many business owners want to make sure they have capitalized on any potential tax savings. […]
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