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In This Issue:
ENHANCING THE VALUE OF OWNER-MANAGED BUSINESS: Starting the Transition Early
SALARIES TO FAMILY MEMBERS: Amounts Paid Must be Traceable
DIRECTOR LIABILITY: Properly Resigning
PROVIDING SUPPLIES TO YOUR CONTRACTORS: GST/HST Issues
LIFE INSURANCE POLICIES: Using Tracking Shares
WITHDRAWING FROM FAMILY RESPs: Flexible Planning Possibilities
HOLDING DIGITAL ASSETS IN RRSPs: Pitfalls and Possibilities
WORKSPACE IN HOME CLAIMS: CRA Reviews
Many owner-managers are shocked at both the difficulties in finding a buyer for their business and the low prices an owner-managed business often commands. A
Self-employed individuals whose net self-employment income was less than $5,000 will not be required to repay CERB, as long as their gross self-employment income was