Darren Wong Accounting | Blog List
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Important Dates To Remeber

Important dates for Individuals There are a number of dates during the year when returns are due to be filed or payments are due to be paid. Also, there are dates when we pay credits or benefits to you. This page gives information about these important...

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Business Expenses – Deductible or Not?

One of the most common questions that I receive from my clients regarding their business expenses is as follows: can I deduct this against my business income? Is this a business expense? Is this tax deductible? Per the Canada Revenue Agency: In general, you can deduct any reasonable current...

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How To Pay The Least Amount of Taxes

I am sure this question runs through every person that works for an employer or has their own business. It would be only inherent by human nature that everyone wants to get the most value out of something (income) and pay the least for it...

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How to Pay Yourself – Salary or Dividends?

For most Small Business Owners, they have a hard difficult time deciding whether salary or dividends are more advantageous for tax planning. Dividend – a sum of money paid regularly by a company to its shareholders (yourself) out of its profits (or retained earnings, net of...

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