10 Year-End Tax Planning Tips For Small Businesses

Discover 10 strategies to boost savings, cut costs, and make smarter financial decisions.

This workshop is presented in English.

💡 Make the most of your year-end tax planning with strategies specifically designed for small business owners. This interactive session will walk you through 10 actionable tips to help you save on taxes and optimize your financial outcomes before the year ends.

What You’ll Learn

During this workshop, you’ll discover practical ways to manage your business finances while taking advantage of tax-saving opportunities. You’ll learn how to:

• Claim Business Expenses: Identify eligible expenses and deductions to lower your taxable income.
• Acquire Capital Assets Strategically: Plan purchases to maximize tax benefits and improve business operations.
• Manage Debt Wisely: Understand debt repayment strategies that optimize cash flow and minimize tax liabilities.
• Owner’s Compensation: Decide between salary and dividends based on tax efficiency and personal goals.
• Maximize RRSP Contributions: Learn how RRSPs can reduce taxable income and support retirement planning.
• Income-Splitting Techniques: Explore methods to distribute income among family members to lower overall tax obligations.
• Other expert strategies for year-end tax planning that you can implement immediately.

Who Should Attend

This workshop is perfect for small business owners, freelancers, and self-employed professionals who want to gain clarity on complex tax rules, make informed decisions, and enhance their financial efficiency. Whether you are new to business ownership or have years of experience, you’ll leave with actionable tips to improve your bottom line.

Why Attend

Taxes don’t have to be overwhelming. Our goal is to simplify the process and give you practical steps to save money while staying compliant. By attending, you’ll gain confidence in planning your finances, making smarter business decisions, and maximizing every dollar before the year closes. 🚀

Don’t Miss Out

✨ Year-end is the perfect time to plan ahead. Reserve your spot today and take control of your business finances before the tax season begins!

🔗 Register now to boost savings, cut costs, and make smarter financial decisions. 🚀

About the speaker:

Ronika Khanna, Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA), Founder of Montreal Financial

Ronika Khanna is a Chartered Professional Accountant (CPA) and Chartered Financial Analyst (CFA), and the founder of Montreal Financial. With previous roles at PricewaterhouseCoopers and ING Risk Management Limited, Ronika launched her firm to provide accounting, tax, and financial consulting services primarily for small businesses, startups, freelancers, and the self-employed.

Her approach is focused on simplifying financial complexities, enhancing financial literacy, and empowering business owners with the knowledge to manage their finances confidently. An author of several small business books, Ronika also regularly contributes expert advice to various media outlets who are looking for guidance about small business and personal finance. 

Learn more about our ELLEvate Women Entrepreneurs program!

This workshop is made accessible to you at no cost, thanks to generous funding from the Government of Canada and Yspace: York University.

*Please Note: Pre-registration is required. This workshop is presented in English (with French subtitles) and is available as an online, live streaming webinar only.

Once you have registered, you will receive an email with instructions on how to log on a few hours prior to the start time of the workshop. Please check your Spam/Junk folder if you have not received your email with instructions one hour prior to the start time of the workshop.