Financial Insights & Tax Tips
Rental Property Taxes in Canada: What Landlords Need to Know
Owning a rental property in Canada can be a great way to build wealth, but it also comes with important...
Salary vs. Dividends: How Canadian Business Owners Can Pay Themselves
When you own an incorporated business in Canada, you have two main options for paying yourself: salary or dividends (or...
Single vs. Dual Income Households in Canada – Who Really Pays More?
At MIMAKALI, we often get questions like: "If my spouse and I earn the same total household income, do we...
Federal vs. Ontario Incorporation: What’s the Difference?
When incorporating your business in Canada, you have two main options: Federal Incorporation under Corporations Canada Provincial Incorporation under Ontario's...