Shareholder Benefits: What You Can’t Expense
Shareholder Benefits: What You Can’t Expense (Image Credit: Bigstock) Like eating a combo of chicken and waffles, shareholder benefits are pretty awesome, but they are also a little confusing. The main thing to remember is that transactions that contain a personal component aren’t fully deductible for business purposes. If you don’t remove the personal component, the CRA may disallow the claim, and it can appear in your personal income as… Read more