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Salary vs. Dividends — How Should Edmonton Business Owners Pay Themselves?

by Nguyen Scott LLP | Jul 22, 2026 | Accounting, Business Tips, Corporate Tax

Once you incorporate your business, one question comes up every year without fail: should I pay myself a salary, dividends, or some combination of both? It sounds simple. It is not. The answer depends on a dozen intersecting variables — your personal income, your...

Mid-Year Tax Planning Checklist for Alberta Small Business Owners

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...

Tax and Accounting Strategies for Construction Companies and Developers in St. Albert

by Nguyen Scott LLP | Jan 7, 2026 | Accounting, Business Tips, Self Employed, Small Business Taxes

The construction industry is a major contributor to Alberta’s economy. From small trade contractors to large developers, construction businesses require strong financial control and precise tax planning. Projects can span months or years, income can be uneven, and...

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Recent Posts

  • A Small Business Owner’s Guide to Payroll in Alberta — CPP, EI, and Getting It Right
  • When Do You Have to Start Charging GST in Alberta?
  • Salary vs. Dividends — How Should Edmonton Business Owners Pay Themselves?
  • Should I Incorporate My Business in Alberta? A Plain-English Guide for Edmonton Entrepreneurs
  • Why St. Albert, Leduc, & Drayton Valley Business Owners Who Start At Large Firms Are Finding Better Service at Local CPAs

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