by Nguyen Scott LLP | Feb 27, 2025 | Accounting, Business Tips, Personal Tax, Self Employed, Small Business Taxes, Taxes
Taxes can be confusing, especially when it comes to understanding tax brackets and marginal tax rates. Whether you’re a freelancer, self-employed, or working a 9-to-5 job, knowing how your income is taxed can help you budget smarter, save better, and avoid...
by Nguyen Scott LLP | Feb 19, 2025 | Accounting, Business Tips, Retirement Planning, RRSP, Self Employed, Small Business Taxes, TFSA
If you’re self-employed or run a small business in Alberta, you’ve probably wondered: Should I contribute to an RRSP or a TFSA? The answer depends on your unique financial situation and goals, but understanding the differences between these two savings plans can help...
by Nguyen Scott LLP | Dec 26, 2024 | Accounting
As a business owner, you juggle multiple responsibilities, from managing operations to ensuring your financials are in order. One area that often gets overlooked—until tax season—is receipt and paperwork management. In our 20+ years of experience, we’ve seen time and...
