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Entrepreneurial couples make up a large portion of the small businesses in North America. Spouses can make a potent team, as they share a variety of common goals and interests. But, if you are going into business with your spouse, there are several tax considerations that will directly affect your tax deadlines (and throughout the
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At Hogg, Shain & Scheck, we are passionate about helping entrepreneurs to launch successful and sustainable businesses. We have been privileged to meet incredible innovators whose ideas could revolutionize industries. However, before your startup or small company can takeover the market, you need to be sure that financial negligence does not hamper your earning potential.
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Filing and Payment deadlines for individuals Generally, the filing deadline for individuals is April 30th of the following year; The filing deadline of an individual who carries on a business or whose cohabiting spouse or common-law partner carries on a business is June 15th of the following year (for example, self-employed and partners); Payment deadline
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If you own a private corporation and plan on selling your business, it is better for you to start planning 3 years in advance rather than planning a few months before the sale as your choices will be limited if you are thinking of reducing your taxes. Options for Selling your Business There are two
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Accurate cost allocation for manufacturing overhead enables companies to price their items accordingly to produce a profit. To protect your profit margins, you need to understand exactly how much each aspect of your business costs. Manufacturing overhead refers to all of the costs associated with producing a product, over and above direct labour and material
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Have you noticed you are not accomplishing as much as you would like during the work day? It is essential to find a balance to make your day as efficient and productive as possible. We at HSS have summarized some important steps and tips to keep you on schedule and increase your productivity. Make Daily
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ObamaCare is another name for the Affordable Care Act. ObamaCare is a program in place in the United States set up to provide and to increase the quality of health care services for American citizens. The aim of the Affordable Care Act is to eliminate discrimination among individuals and to make health care services available
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Many young students and potential employees are looking to enter the workforce. Some businesses are looking to grow or are expecting seasonal growth during this time of year and there are great opportunities not just for those looking to get hired but for those doing the hiring too—particularly when it comes to apprentices. Grants and
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By Heather Intihar, CA and Ed Scheck, FCA Running a successful meeting will stress out the most seasoned of presenters. There’s always concerns about technical snafus or losing your audience. The keys to running a meaningful and engaging meeting are good preparation, a strong presentation and lots of participation. Here’s how to make sure you’re
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