RLB Blog

This is the first installment in a series to highlight Canadian Business Grants that can help move your business forward. Each month, we will highlight 5 grants that are available. Check back monthly to see if funding is available!

Have you heard? Everyone has probably heard about increases to the minimum wage in Ontario. There is currently one set increase this fall and two further increases proposed by the Ontario government. The plan is to have the increase phased in over the next two years. Here is what you need to know:

Accountants and other professionals often advocate incorporating a holding company (“holdco”). But now what? Establishing a holdco is most commonly used to hold the shares of an operating company (“opco”). Retained earnings of the opco can be transferred to the holdco through a tax-free intercompany dividend, in most cases.

Auto-Fill My Return The Canada Revenue Agency (CRA) has made it easier for you to file your taxes this tax season! Filing taxes can be easy for me? Am I dreaming? No, you’re not! If you’re short on time this tax season, try Auto-Fill My Return. It is a secure service that automatically fills in parts of your tax return, making filing online even more efficient! Some of the information that Auto-fill My Return automatically fills in includes: