CCH AnswerConnect Tax Planning for Small Business Guide

Topics Covered:

• Incorporation & Basic Corporate Tax Planning
• Income Splitting Through an Incorporated Business
• Small Business Deduction
• Loans and Advances to Shareholders and Employees
• Carrying on  Business
• Captial Cost Allowance
• ELHT
• Income Tax Considerations in the  Purchase and Sale of a Business
• Captial Gains Exemption
• And more!

Includes:

• Comprehensive analysis that focuses on the tax law and planning that pertains to owner-managed businesses and private corporations
• Small Business Times Newsletter
• Related CRA government documents like Income Tax Folios, Interpretation Bulletins, Information Circulars, GST/HST Memoranda and Policy Statements
• References: Tax Calendar, Table of Rates and Amounts, Tax & Family Succession Planning Checklist