Business Matters
Volume 24, Issue 3, June 2010
TAXATION
Things to
Consider before Withdrawing Funds from Your RRSP
Things to Consider before Withdrawing Funds from Your RRSP
Money
withdrawn from an RRSP not only reduces the number of dollars building
your retirement fund, but also can create a substantial tax liability.
For
most taxpayers RRSP savings will be needed to supplement income from
the Canada Pension Plan and Old Age Security. Managing your RRSP to
maximize the principal through capital gains and reinvested interest and
dividends should be a number one priority for taxpayers. Naturally,
life circumstances change and individuals may feel the need to "borrow"
from their RRSP.
Read Full Article Things to
Consider before Withdrawing Funds from Your RRSP
MANAGEMENT
We Need Good
Bookkeepers
The often-neglected bookkeeper can be the key to important cost savings
and compliance.
The underpinning of any successful business is
the knowledge and experience employees bring to their jobs. Without
that, a business must be doomed to failure from the start. For
exceptional abilities, owner/managers are willing to seek out and pay
top dollars to the best in the field. Unfortunately, not all
owner/managers see record keeping as a job requiring the same high level
of skills; instead, they underestimate the need for knowledgeable and
experienced bookkeepers.
Read Full Article We Need
Good
Bookkeepers
TECHNOLOGY
Good Things
Come in Small Packages
The new handheld pico projectors will enable you to make a presentation
using a device you can carry in your pocket.
Sales staff,
instructors or technicians who need to travel to make presentations know
the frustrations of lugging a laptop and projector to a client's
location. If they fly, the risk of damage en route or lost luggage is a
constant concern. Pico projectors are small enough to take in your
carry-on luggage or your pocket!
Read Full Artcile Good
Things
Come in Small Packages
MONEYSAVER
A Greener
Tomorrow
Greening your company is not easy. It involves the participation of all
stakeholders.
When we hear ads for products and activities to
make the world a greener place, we often "tune out". What can we do as
owner/managers of small companies to play more of a role in the green
community? We do not have the big budgets of major corporations nor do
we have access to funds from government agencies to pay for retrofits.
As a result, it appears that environmentally conscious owner/managers
will not only have to make the time to go green but will have to foot
the bill ourselves.
Read Full Article A Greener
Tomorrow