The end of the year is fast approaching — and if you’re an incorporated business owner in Canada, that means now  is the time to get strategic about taxes. Don’t wait until February or March to think about tax planning. By then, your options are gone . At Nex CPA, we help clients get ahead — and that starts in November. Here are 7 tax-smart moves you can still make before December 31st  to potentially save thousands on your 2025 return: 1. Pay Yourself a Bonus or Dividend If

September isn’t just back-to-school season — it’s back-to-business  for founders and entrepreneurs. After a summer of travel, lighter...

Airbnb and Short-Term Rental Changes in 2025 If you’re an Airbnb host in Canada, new short-term rental tax rules in 2025 are reshaping...

Parliament's prorogation until March 24, 2025—a move that has left many taxpayers concerned about the future of key tax legislation,

As we enter 2025, it's crucial for Canadians to be aware of key tax deadlines to ensure compliance and avoid penalties.

The Canadian government just unveiled the 2024 Fall Economic Statement.

Ever been in a chat where the term “holding company” or “HoldCo” popped up and felt a bit lost? Fret not! Let’s dive deep into the HoldCo...

Buying a home for the first time in Canada? We know saving up for that down payment seems like climbing Everest. But hold on; we've got...

Looking to generate income by renting out your apartment or secondary property? Join the ranks of thousands of hosts using the Airbnb...

Employee vs Contractor A question I get very often from business owners is whether or not their workers should invoice as a contractor...