
How to Decide Between Paying Bonuses vs Retaining Earnings
Bonus or retained earnings? It is one of the most important year-end decisions for an incorporated business owner. Here is how to think it through.
Strata-G Tax has partnered with Fundmate to assist Ontario Businesses in preparing their applications for Canadian Government Incentive programs.
The Yves Landry Foundation program is for Southern Ontario Manufacturers looking to up-skill their workforce. The clear aim is to foster training that will lead to advancements in innovation and improve global competitiveness.
Up to $100,000 to offset the costs of training expenses
The Southwestern Ontario Development Fund is for businesses in the region (sister program for Eastern Ontario), who invest at least $500,000 ($200,000 in rural ON), employ at least 10 people (5 in rural ON), commit to creating at least 5 new jobs (30% growth for staff of 15 or fewer), and can provide 3 years worth of financial statements.
Up to 15% of eligible project costs, including:
Loans: Interest Free, to a max of $5M, and up to 30% forgiven
Grants:
Grant Application Preparation: At Strata-G, we provide Grant preparation assistance to Startups and Medium-sized Businesses of Toronto, Newmarket, Aurora, Barrie, Collingwood, The Blue Mountains, Mississauga, St Catharines, Hamilton, Woodstock, Brantford, London, Burlington, Niagara Falls, Cambridge, Kitchener, Waterloo, Oakville, Guelph, Welland, Vaughan, Markham, Brampton, Milton, Ontario that want to apply for Canadian Government Incentive programs.
A trustworthy source of Time-Saving, Cash-Generating cloud-based Accounting and Tax solutions for your dynamic business. It means peace of mind knowing that the back office function is highly functioning, putting your efforts squarely on running your business.
With over 18 years of experience spread across Government Audit, Industry Financial & Tax reporting, and Big 4 Accounting Firms, Strata-G knows the value of standardized and stream-lined processes capable of producing real-time forward-looking metrics to better assist your strategic decision making.



Bonus or retained earnings? It is one of the most important year-end decisions for an incorporated business owner. Here is how to think it through.

Bonus or retained earnings? It is one of the most important year-end decisions you will make as an incorporated business owner. Here is how to think it through.

Your corporate structure directly affects how much cash you keep and when. Here is how to set it up to work in your favour.
