Canadian entrepreneurs make millions of dollars in donations to a wide range of charitable organizations each year. What many don’t realize is that giving back can have some very positive tax implications. But before we get into the details, let’s examine a few interesting facts. Did you know that according to the Canada Revenue Agency […]
While the 2015 federal budget may not have contained many surprises, it did contain more than its fair share of entrepreneur-friendly measures. From a reduction in the small business tax, to investments in innovation and help for targeted entrepreneurial groups, this was a pre-election budget intended to appeal to a wide range of stakeholders. Here […]
Comprehensive record-keeping is a major challenge for many entrepreneurs. After all, most business owners are so busy running their organizations that taking the time to document minutiae such as travel time to client meetings becomes a burden—and a task that many inevitably neglect. But as one recent engagement with a KRP client proves, doing so […]
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