Insights & Advice for Business Owners
Welcome to my Blog — your go-to resource for small business financial insights across.
Whether you're a startup navigating cash flow or an established company looking to streamline your accounting, tax preparation & bookkeeping processes, you'll find valuable content designed to support your success.
As a CPA and QuickBooks Pro Advisor, I’m here to break down complex topics into clear, actionable advice tailored for entrepreneurs.
Bookmark this page and check back weekly for fresh content on accounting, taxation, bookkeeping, financial management, software integration, and more.
Understanding the Small Business Deduction (SBD) for Canadian Corporations
Learn how the Small Business Deduction (SBD) reduces taxes for Canadian-controlled private corporations (CCPCs). Understand eligibility rules, associated companies, and investment income limits.
What Canadian Corporations Can (and Can’t) Deduct: A Simple Guide for Business Owners
Learn which expenses your Canadian-controlled private corporation (CCPC) can legally deduct and which ones the CRA denies. Expert guidance from Ali Asghar CPA in Toronto.
Share Sale or Asset Sale? Which Wins (from Vendor & Buyer Perspectives)
When selling a business, the choice between a share sale and an asset sale affects taxes, liabilities, and future deductions. Discover which option benefits vendors and purchasers, and understand key concepts like LCGE, CCA recapture, and purchase price allocation.
How to Handle Shareholder Buyouts in a Canadian Private Company: A Complete Income Tax Decision Tree
Understand the key income tax rules when a shareholder is bought out in a Canadian private company. Explore share redemptions, private sales, and related-party transactions through our clear decision tree.