RLB Blog

On the morning of July 19th, the offices of RLB came alive with action. I’m sure many other accounting firms also experienced the same sense of liveliness in the middle of what is generally a very quiet time in our industry. The culprit for our sudden burst of action… Finance Minister Bill Morneau and his consultation paper presenting tax changes for private corporations in 2017 and 2018.

On the morning of July 19th, the offices of RLB came alive with action. I’m sure many other accounting firms also experienced the same sense of liveliness in the middle of what is generally a very quiet time in our industry. The culprit for our sudden burst of action… Finance Minister Bill Morneau and the proposed tax changes for 2018.

You have been working hard and your small business is now making money….now what? You will probably want to be re-investing money into your business to help it grow - but remember - you also need to pay yourself!