by Nguyen Scott LLP | Apr 23, 2026 | Accounting, Business Tips, Corporate Tax, Personal Tax, Self Employed
More Canadians are working as independent contractors, consultants and freelancers than ever before. Many of these professionals run their businesses out of their homes. This provides flexibility, lower overhead and an easier path to entrepreneurship. But it also...
by Nguyen Scott LLP | Apr 9, 2026 | Accounting, Business Tips, Corporate Tax, Self Employed, Small Business Taxes
Owning a franchise in St. Albert can be a rewarding business opportunity. You have the power of a recognised brand, established business systems and ongoing corporate support. But behind the scenes, a strong accounting and tax strategy is essential to protect...
by Nguyen Scott LLP | Apr 4, 2026 | Corporate Tax, Self Employed, Small Business Taxes
Self-employment in Alberta — whether you are a contractor, consultant, freelancer, sole proprietor, or independent professional — comes with a specific set of tax obligations that are meaningfully different from employment. The consequences of misunderstanding them...
by Nguyen Scott LLP | Apr 4, 2026 | audit
A letter from the Canada Revenue Agency requesting a review of your business records is one of the most stressful pieces of correspondence a business owner can receive. It does not mean the CRA believes you have done something wrong. Most CRA audits are routine...
by Nguyen Scott LLP | Apr 4, 2026 | Personal Tax
If you live in Alberta and filed your taxes in previous years, your 2025 return looks different. The Government of Alberta introduced a new personal income tax bracket in 2025 — an 8% rate on the first $60,000 of taxable income — replacing what was previously a 10%...
