by Nguyen Scott LLP | Jun 17, 2026 | Accounting, Personal Tax
Estate and trust planning occupies an uncomfortable space in most people’s minds — it requires thinking about death and significant wealth transfers, which most people would rather not do. As a result, it tends to be deferred. The problem is that deferring...
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...
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 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%...
