by Ricardo Ardiles | Pharmacy Owners |
As a pharmacy owner, how you setup your corporation will determine how much tax you will pay in the future when you sell your pharmacy.Do you want to pay more in tax than you should?That's right: no one does!Unfortunately, many pharmacy owners take shortcuts when...
by Adam Tenaschuk | Pharmacy Owners, Reliefs |
Are you paying too much in Accounting & Professional Advisor Fees? Do you feel that you are paying too much for accounting and professional fees? Is your accountant proactive? What does that even mean? Does your financial advisor or lawyer communicate with each...
by Ricardo Ardiles | Reliefs, Pharmacy Owners |
Ontario Finance Minister, Charles Sousa, announced Tuesday afternoon that the provincial portion of the small business tax rate will decrease, effective January 1, 2018.With an eye on next spring's election, this announcement is very convenient, don't you think?The...
by Adam Tenaschuk | Reliefs, Pharmacy Owners, Recent Graduates, Retiring Pharmacists, Staff Pharmacists, Students |
What’s The New Buzz Out There? There has been a lot of buzz these days about Robo advisors out there and they are the new cost-efficient way to invest. There are a few main companies in Canada now that offer Robo advice so they call it. The most dominant...
by Ricardo Ardiles | Pharmacy Owners |
Should you invest inside your pharmacy corporation? On October 18, 2017, Federal Finance Minister Bill Morneau announced tax changes to passive investments held inside private corporations. Many business owners use surplus cash to create investment portfolios within...
by Adam Tenaschuk | Pharmacy Owners, Reliefs, Retiring Pharmacists |
Best Ways to Save For Retirement: What’s the most tax-efficient way to save for retirement and access those funds in your leisure years for a pharmacist? Many would say Registered Retirement Savings Plans or a Pension Plan. RRSP’s are certainly an efficient way to...
