by Nguyen Scott LLP | May 27, 2026 | Corporate Tax, Self Employed, Small Business Taxes
In over 24 years of working with small and medium-sized businesses across the Edmonton area, the Nguyen Scott LLP team has seen the same errors come up repeatedly — across industries, business sizes, and types. Most are entirely preventable. Here are the seven that...
by Nguyen Scott LLP | May 20, 2026 | Accounting, Business Tips, Corporate Tax
Alberta is the only province in Canada without a provincial sales tax. As a result, Alberta businesses deal exclusively with the federal Goods and Services Tax (GST) at a rate of 5% — not the Harmonized Sales Tax (HST) that applies in provinces like Ontario and Nova...
by Nguyen Scott LLP | May 13, 2026 | Corporate Tax, Personal Tax, Self Employed, Small Business Taxes
If you own an incorporated business in Alberta, one of the most impactful decisions you make each year is how to compensate yourself. The choice between salary and dividends — or some combination of the two — has real and measurable consequences for the total tax you...
by Nguyen Scott LLP | May 4, 2026 | Business Tips, Corporate Tax, Personal Tax, Taxes
Real estate investment is one of the most common paths to wealth building in Edmonton — and one of the most consistently misunderstood areas of Canadian tax law. The combination of rental income, capital gains, property improvements, and financing creates a tax...
by Nguyen Scott LLP | May 4, 2026 | Personal Tax
A change in your family situation can change your tax return significantly — sometimes in ways that generate a meaningful refund, and sometimes in ways that create unexpected obligations if not handled properly. Here is what Alberta residents need to know about three...
