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The $30,000 GST/HST Trap: Why "Staying Small" Can Cost Ontario Business Owners More Than Registering
Staying under Ontario's $30,000 GST/HST threshold often costs more than registering does. Here's when voluntary registration pays off — and how to time it.

BTS Financial Services
6 days ago4 min read


Salary or Dividends? How Incorporated Business Owners Should Decide
Salary or dividends is one of the most common questions incorporated business owners ask, and one of the most commonly oversimplified. "Just take dividends, they're taxed better" is advice that was true for some owners in some years, but it isn't a rule, and following it blindly can leave money on the table or create problems down the road. Salary or dividends: what each one gives you What salary gives you that dividends don't RRSP contribution room, which is built from earne

BTS Financial Services
Aug 32 min read


Mid-Year Tax Review: 5 Things Business Owners Should Check in July
Once the spring filing deadline passes, most business owners stop thinking about taxes until the new year. That's understandable, but it also means a lot of small mistakes and missed opportunities quietly pile up over the summer, which is exactly why a mid-year tax review is worth doing. It's one of the best times to take stock, because there's still enough of the year left to fix a problem before it becomes an expensive one. Why a mid-year tax review matters Here are five th

BTS Financial Services
Jul 262 min read
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