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 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 | Corporate Tax, Self Employed, Small Business Taxes
Self-employment in Alberta — whether you are a contractor, consultant, freelancer, sole proprietor, or independent professional — comes with a specific set of tax obligations that are meaningfully different from employment. The consequences of misunderstanding them...
by Nguyen Scott LLP | Mar 19, 2026 | Accounting, audit, Personal Tax, switching, Taxes
Expert Personal Tax Support for Life Changes, Self-Employment & Side Hustles Not all tax returns are straightforward. If you’re self-employed, earning income from a side hustle, or navigating major life changes, tax season can quickly become complicated. Nguyen...
by Nguyen Scott LLP | Apr 24, 2025 | Personal Tax
Tax season can be overwhelming, and making mistakes on your income tax and benefit return can lead to delays, lost refunds, benefit interruptions, or even audits. To help you avoid common pitfalls, we’ve compiled a list of the most frequent tax errors that the Canada...