Are Director Fees the Same as a Salary?
Unlike employees, there is generally flexibility in how directors receive their compensation – they can either receive director fees, dividends, or a salary. In most cases, a salary would seem like the most straightforward approach. But how does it differ from receiving a dividend? Or director fees? Is one option better than the other? Can […]
Buying a Vehicle for Your Small Business – Everything You Need to Consider
Many business owners know that buying a motor vehicle can result in a tax deduction but aren’t aware that the process isn’t so straightforward. Before buying a business vehicle, you should consider whether you’ll be primarily using the car for business or if you’ll be using it more for personal use. If you previously successfully […]
