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	<title>Canadian Tax Accounting Blog &#187; Tax Tips 2010</title>
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	<link>http://www.madanca.com/blog</link>
	<description>Chartered Accountant &#38; Tax Accounting Specialist in Toronto / Mississauga Ontario Area</description>
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		<title>HST for physicians, doctors, dentists and medical practitioners in Canada</title>
		<link>http://www.madanca.com/blog/hst-for-physicians-doctors-and-medical-practitioners-in-canada/</link>
		<comments>http://www.madanca.com/blog/hst-for-physicians-doctors-and-medical-practitioners-in-canada/#comments</comments>
		<pubDate>Sun, 19 Dec 2010 16:55:20 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=892</guid>
		<description><![CDATA[The topic of this video is HST and how it impacts doctors, physicians, dentists and other medical practitioners in the province of Ontario and across Canada.]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/hst-for-physicians-doctors-and-medical-practitioners-in-canada/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Management Buyout and Taxes in Canada</title>
		<link>http://www.madanca.com/blog/management-buyout-and-taxes-in-canada/</link>
		<comments>http://www.madanca.com/blog/management-buyout-and-taxes-in-canada/#comments</comments>
		<pubDate>Sun, 19 Dec 2010 16:24:47 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=895</guid>
		<description><![CDATA[What is a management buyout? A management buyout is where an employee or group of employees of a business buys the business from their employer who is also the owner of the business.  This video discusses the three most common ways that a management buyout is carried-out.

- Buy Shares

- Repurchase the Shares from Owner

- Create Newly Formed Corporation 
]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>International Tax Accountant in Canada</title>
		<link>http://www.madanca.com/blog/international-tax-accountant-in-canada/</link>
		<comments>http://www.madanca.com/blog/international-tax-accountant-in-canada/#comments</comments>
		<pubDate>Sun, 19 Dec 2010 16:21:33 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=882</guid>
		<description><![CDATA[I am an International Tax Accountant in Toronto, Ontario, Canada.  Below, I discuss how I can help with:

•	Non-resident corporations doing business in Canada
•	Canadian corporations expanding outside of Canada into international markets
•	Non-residents selling Canadian real estate
•	Non-residents that have earned Canadian employment income 

If any of these situations apply to you, then this article is a must read.]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/international-tax-accountant-in-canada/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
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		<title>Tax on Real Estate Sales in Canada</title>
		<link>http://www.madanca.com/blog/tax-on-real-estate-sales-in-canada/</link>
		<comments>http://www.madanca.com/blog/tax-on-real-estate-sales-in-canada/#comments</comments>
		<pubDate>Sun, 19 Dec 2010 16:14:16 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=898</guid>
		<description><![CDATA[If you own a rental property or a real estate investment in Canada, and have sold or are thinking of selling, then it is very important that you read this article because it provides helpful tax tips that can save you $$$ thousands.

- Paying Capital Gains Tax

- Profit on the Sale of Real Estate Investments

- What are Improvements?

- Capital Cost Allowance]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/tax-on-real-estate-sales-in-canada/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
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		<title>Small Business Deduction Canada</title>
		<link>http://www.madanca.com/blog/small-business-deduction-canada/</link>
		<comments>http://www.madanca.com/blog/small-business-deduction-canada/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 15:50:17 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=829</guid>
		<description><![CDATA[How does the small business deduction help business owners in Canada save taxes?

This video talks about the small business deduction and how it can significantly reduce the tax rate for your company in Canada, including:

- What is this small business deduction?

- Types of Corporations that qualify

- Types of Income that qualify

- How to take advantage of Small Business Deduction - Small Business Deduction Canada
]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/small-business-deduction-canada/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
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		<title>Should I pay myself salary or dividends from my corporation as a business owner?</title>
		<link>http://www.madanca.com/blog/should-i-pay-myself-salary-or-dividends-from-my-corporation-as-a-business-owner/</link>
		<comments>http://www.madanca.com/blog/should-i-pay-myself-salary-or-dividends-from-my-corporation-as-a-business-owner/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 15:02:57 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=808</guid>
		<description><![CDATA[Should I pay myself salary or dividends from my corporation?

This is a very common question that I encounter in my accounting practice in Mississauga, and the answer can make a big difference in your bottom line.

This article discusses:

- Advantages of Salary
- Advantages of Dividends
- Disadvantages of Salary

]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/should-i-pay-myself-salary-or-dividends-from-my-corporation-as-a-business-owner/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
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		<title>HST for businesses in Ontario by Accountant Mississauga Oakville</title>
		<link>http://www.madanca.com/blog/hst-for-businesses-in-ontario-by-accountant-mississauga-oakville/</link>
		<comments>http://www.madanca.com/blog/hst-for-businesses-in-ontario-by-accountant-mississauga-oakville/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 14:59:46 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=801</guid>
		<description><![CDATA[If you are a business owner, it is very important that you read this article because HST came into effect on July 1st, 2010 and will certainly impact your business. 

This article discusses the following topics:

- What is HST? 

- Why did the government introduce HST in the first place?

- HST is Recoverable

- HST Rebates

- Disadvantage of HST]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/hst-for-businesses-in-ontario-by-accountant-mississauga-oakville/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Savings Strategy for Real Estate Agents – Accountant Mississauga</title>
		<link>http://www.madanca.com/blog/tax-savings-strategy-for-real-estate-agents-%e2%80%93-accountant-mississauga/</link>
		<comments>http://www.madanca.com/blog/tax-savings-strategy-for-real-estate-agents-%e2%80%93-accountant-mississauga/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 14:52:27 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=843</guid>
		<description><![CDATA[This video covers a unique tax savings strategy for real estate agents in Canada. If you are a real estate agent, then it is very important that you watch this video.

As a real estate agent in the top marginal bracket in the province of Ontario, you are paying tax at a rate of 46.4%. Now, wouldn't it be nice if you could incorporate and pay tax at a rate of 16.5%? 16.5% is the corporate income tax rate for small businesses in Canada. Unfortunately, the Real Estate Council of Ontario (RECO) does not permit Real Estate agents to incorporate.

So how do we solve this dilemma? It involves a series of steps using a management company. This article will walk you through those steps.]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/tax-savings-strategy-for-real-estate-agents-%e2%80%93-accountant-mississauga/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>How to buy a home with a Corporation in Canada?</title>
		<link>http://www.madanca.com/blog/how-to-buy-a-home-with-a-corporation-in-canada/</link>
		<comments>http://www.madanca.com/blog/how-to-buy-a-home-with-a-corporation-in-canada/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 14:43:59 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/blog/?p=832</guid>
		<description><![CDATA[How to buy a home with a Corporation in Canada?

If you are about to purchase a home and are self employed, then it is very important that you watch this video, because I am going to tell you how to buy a home with your company's money, tax-free. 

The strategy entails taking money from your corporation and giving it to you on a tax-free basis in order to help you acquire a house that you plan to live in. 

The article covers:

- The Wrong Way on How to buy a home with a Corporation in Canada 
- The Right Way on How to buy a home with a Corporation in Canada
]]></description>
		<wfw:commentRss>http://www.madanca.com/blog/how-to-buy-a-home-with-a-corporation-in-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Write Offs for Small Business in Canada by Accountant Toronto</title>
		<link>http://www.madanca.com/blog/tax-write-offs-for-small-business-in-canada-by-accountant-toronto/</link>
		<comments>http://www.madanca.com/blog/tax-write-offs-for-small-business-in-canada-by-accountant-toronto/#comments</comments>
		<pubDate>Tue, 09 Nov 2010 20:58:48 +0000</pubDate>
		<dc:creator>superAmin</dc:creator>
				<category><![CDATA[Tax Tips 2010]]></category>
		<category><![CDATA[tax tips]]></category>

		<guid isPermaLink="false">http://www.madanca.com/index.php?option=com_wordpress&amp;p=625&amp;Itemid=127</guid>
		<description><![CDATA[What are the tax write offs available to small business owners in Canada?

If you are a small business owner in Canada, it's important to be aware of all possible tax writes offs for your business. Tax write offs will significantly reduce your business' taxable income and taxes payable.
]]></description>
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		<slash:comments>0</slash:comments>
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