by Nguyen Scott LLP | Jun 24, 2026 | Corporate Tax, Self Employed, Small Business Taxes, switching
There is a pattern that plays out regularly in the Edmonton area business community. A business owner starts out handling their own books. Eventually they engage a large regional or national firm — reassured by the brand name and the size of the operation. A few years...
by Nguyen Scott LLP | Jun 10, 2026 | Business Tips, Corporate Tax, Small Business Taxes
Most small business owners think about tax in April or when their accountant calls. The business owners who consistently pay less tax are the ones who think about it in June — when there is still time to do something about the current year’s position. Here is a...
by Nguyen Scott LLP | Jun 3, 2026 | Accounting, Business Tips, Corporate Tax, Small Business Taxes
If you operate a small or medium-sized business in Alberta and have ever applied for a business loan, approached an investor, or been asked to provide financial statements to a landlord or supplier, you have likely encountered the term Notice to Reader. It is the most...
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 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 | 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...
