Taxes

Why a business owner who paid himself dividends got into trouble with the CRA

Jamie Golombek: A dividend isn’t legally considered remuneration, which can have severe implications Many retail investors are certainly familiar with the concept of dividend income, having received it either via

New CRA campaign focuses on personal services businesses: Are you ready?

Bruce Ball, FCPA, FCA, CFP September 6, 2022   The Canada Revenue Agency is escalating their scrutiny of personal services businesses, and the consequences for breaching these tax rules can