The recent downturn in the economy has prompted many companies to impose
hiring freezes, making independent consultants fashionable and economical again for
Canadian employers who need highly skilled professionals to complete very specific tasks while
maintaining the flexibility to trim their payroll costs.
According to a KPMG study, up to 41 per cent of a company’s gross annual payroll [...]

Employees and Incorporated Business Owners
If you are an employee, or are the owner / operator of an incorporated business, there is a simple way to receive a tax-free allowance for the use of your vehicle. You are entitled to receive up to 42 cents per kilometre for the first 5,000 kilometres of business travel and [...]

Spin-offs occur when one corporation (the parent) issues to its shareholders shares of a subsidiary corporation. This is usually done to help increase shareholder value.
For Canadian tax purposes, spin-offs of Canadian corporations usually take place on a tax-deferred basis. In the past, foreign spin-offs involving non-Canadian corporations were not treated as favorably. However, new legislation [...]

Considering Incorporation? Here are some guidelines as to when it might be in your best interest.
The business’ profits, when added to other sources of taxable income, take you well out of the lowest tax bracket. In other words, your annual taxable income, including that from your business should be well in excess of about $30,000 [...]

Eligible Small Business Investment
To be eligible for the capital gains deferral, the small business investment must have the following characteristics:

The investment is in return for ordinary common shares issued to the investor;

At the time the shares are issued, the corporation qualifies as a Canadian-controlled private corporation. (See the article on Canadian-controlled private corporations elsewhere on [...]