<![CDATA[The Incorporated Canadian]]> https://www.montrealfinancial.ca/ The Incorporated Canadian is the podcast for Canadian business owners who have incorporated — or are thinking about it. Hosted by Ronika Khanna, CPA, CFA, and founder of Montreal Financial, each episode covers the real questions incorporated Canadians face: how to pay yourself, minimize corporate tax, manage your corporate accounting, and build wealth inside your corporation. Straightforward guidance for the incorporated Canadian who wants to make smarter financial decisions.

]]> RSS.com 2026.428.112250 Wed, 03 Jun 2026 18:30:36 GMT en 5c96d3a9-e46c-5b22-acf1-61b51eadf8ee https://media.rss.com/the-incorporated-canadian/podcast_cover_20260603_010611_257ca0a2a1d779c9376e0bfbba64bbdb.png The Incorporated Canadian https://www.montrealfinancial.ca/ no Ronika Khanna Ronika Khanna Ronika Khanna false serial podcast Canada, Canada false <![CDATA[Should You Incorporate? The Pros, Cons and Tax Reality]]> Should You Incorporate? The Pros, Cons and Tax Reality

One of the most common questions I get as a CPA and financial consultant is whether to incorporate. In this episode I walk through the key considerations so you can make an informed decision.

In this episode:

  • What a corporation is and how it differs from a sole proprietorship
  • Limited liability and when it matters
  • Credibility, professionalism and access to capital
  • How corporate tax deferral actually works — with a real numbers example
  • The lifetime capital gains exemption
  • The cons: administration, costs, complexity and losses

Resources:

]]> https://rss.com/podcasts/the-incorporated-canadian/2880868 ea2c34fb-a1cd-46d3-9f27-1c5596efdb34 869 full 1 1 1 1 false Wed, 03 Jun 2026 01:28:05 GMT false Montreal, Urban agglomeration of Montreal, Quebec, Canada Canada, Canada <![CDATA[Just Incorporated? 7 Things to Do in Your First 90 Days]]> Just Incorporated? 7 Things to Do in Your First 90 Days

You've taken the leap and incorporated your business — congratulations. But incorporation is just the beginning. In this episode I walk through the seven essential things you need to put in place within your first 90 days to make sure everything runs smoothly and you don't end up paying more than you should down the road.

In this episode:

  • Why incorporation requires a mindset shift
  • Setting up your corporate bank account and credit card
  • Choosing and setting up accounting software
  • Registering for sales taxes (GST, HST, QST)
  • How to pay yourself — salary vs dividends overview
  • Tracking expenses and keeping records
  • Understanding your tax filing obligations
  • Finding the right accountant

Resources:

]]> https://rss.com/podcasts/the-incorporated-canadian/2881005 eb6ba2ef-e354-411e-ad21-9324ca1238b8 844 full 1 1 2 2 false Wed, 03 Jun 2026 02:22:30 GMT false <![CDATA[Salary vs Dividends — It's Not Just About Tax]]> Salary or Dividends? It's Not Just About Tax

One of the most common questions I get from incorporated business owners is whether to take a salary or dividends. But that's not quite the right question. The right question is: what's the best compensation strategy for your business and your circumstances? In this episode I walk through all the factors you need to consider to make that decision well.

In this episode:

  • Why the salary vs dividends question is more nuanced than most people think
  • Cash flow and stability — salary vs dividend differences
  • Tax installments and timing
  • RRSP contribution room and why it matters
  • CPP and QPP — the forced retirement savings argument
  • How your corporate strategy affects your compensation choice
  • Personal financial goals — FHSA, RRSP, and mixed strategies
  • Why Quebec incorporated professionals should pay close attention
  • The tax concept of integration and what it means for your decision

Resources:

]]> https://rss.com/podcasts/the-incorporated-canadian/2882965 eac59572-0218-44a0-99a7-43e346e84b8e 836 full 1 1 3 3 false Wed, 03 Jun 2026 16:33:24 GMT false Canada, Canada <![CDATA[The 4 Tax Obligations Every Corporation Must Know]]> The 4 Tax Obligations Every Corporation Must Know

When you incorporate your business in Canada, your tax obligations change significantly. In this episode I walk through the four primary tax obligations that apply to all Canadian corporations — so you know what's coming and can plan accordingly.

In this episode:

  • Corporate income tax — filing deadlines, year end selection, and why earlier is better
  • Dividends — T5 and RL-3 filing requirements and deadlines
  • Sales taxes — GST, HST, and QST registration rules and when to register early
  • Payroll — hiring yourself as an employee and why it might make sense
  • CPP/QPP contributions and RRSP room implications
  • Quebec-specific deadlines and rules throughout

Resources:

  • More resources for incorporated Canadians: montrealfinancial.ca/corporations
  • Subscribe to my newsletter: montrealfinancial.ca/newsletter
]]> https://rss.com/podcasts/the-incorporated-canadian/2883101 5ee63ef8-ea34-4283-a052-b0af40450322 558 full 1 1 4 4 false Wed, 03 Jun 2026 17:44:51 GMT false Canada, Canada <![CDATA[The Shareholder Loan — What It Is and How Not to Get Burned]]> The Shareholder Loan — What It Is and How Not to Get Burned

If you're an incorporated Canadian business owner, chances are you have a shareholder loan account — even if you've never looked at it. It's one of the most important accounts on your balance sheet, and if it's not managed correctly, it can result in a significant and unexpected tax bill. In this episode I explain exactly how shareholder loans work and how to stay on the right side of the rules.

In this episode:

  • What a shareholder loan account is and how it works
  • The two directions — lending to the corporation vs borrowing from it
  • Why borrowing from your corporation can trigger tax consequences
  • The one fiscal year repayment rule — with a real numbers example
  • The series of loans trap CRA watches for
  • How dividends and salary interact with your shareholder loan balance
  • Quebec — two sets of eyes on your books
  • How to check your balance right now and what to do about it
  • Why picking a withdrawal strategy is essential

Resources:

]]> https://rss.com/podcasts/the-incorporated-canadian/2883205 9c8d3253-8ca1-4526-b347-d1a71fd013ac 659 full 1 1 5 5 false Wed, 03 Jun 2026 18:30:20 GMT false Canada, Canada