The Capital Dividend Account Explained for Canadian Business Owners
The Capital Dividend Account is one of the most powerful tools a business owner can use, but very few are using it. This secret notional account could save you millions of dollars in tax. What is a Capital Dividend Account? A Capital Dividend Account (CDA) is generally used by Canadian business owners with a Canadian-Controlled […]
Corporate-Owned Life Insurance: The Benefits for Business Owners
Life insurance is not only beneficial when you pass away. It can be a valuable financial planning tool for when you’re alive. As a business owner, your life insurance can be corporately or personally owned. To maximize your corporate structure, let’s get into the strategy and benefits of owning insurance inside of your corporation. What […]