Saverio Filippis's Blog (5)

Why we got into business in the first place...

Hello to all, I hope everyone is having an awesome day! I wanted to introduce the question of, why did we go into business for ourselves in the first place? This is an interesting and retrospective question to analyze. Everyone who reads this will have their own story that is quite unique in circumstances but an underlying theme will pop up in all stories, and I bet you I know what it is! All of us as entrepreneurs saw that there was a need for our services to assist and help as many people as w… Continue

Added by Saverio Filippis on November 20, 2008 at 1:22pm — No Comments

Are you a good leader ? Management styles...

Recent events have made me ponder as to why certain people are great leaders and others not so much. My career allows me the greatest opportunity of all, of going into other businesses and assessing what it is they are doing that is benficial and non-benficial to their company. I am an accountant/business consultant/independent contractor. This is the greatest job ever! Not only do I get to analyze other people's businesses; in the process I learn more and more everyday what is good common sense… Continue

Added by Saverio Filippis on October 1, 2008 at 3:00pm — 1 Comment

Planning a nest egg on the fortune of your house

Hello to all, I wanted to share some information that I deal with everyday that I am not sure if Canadian homeowner's are aware of. This is aside from the business perspective but still tied into it because we are all here to make money but also save money in the long run. A lot of financial institutions offer what is called a "total equity plan mortgage" or some name close resembling that. The concept of this type of mortgage is that you can take the equity that you have built in your house (up… Continue

Added by Saverio Filippis on September 23, 2008 at 1:23pm — No Comments

How to find appropriate deductions when you are an employee of your own company!

When working for your own business, there are sometimes perks to owning one own's business. The deductions you will be able to claim in terms of travel, meals and lodging are beneficial and tax deductible. When setting up a business if it is an incorporated entity one may use travel time… Continue

Added by Saverio Filippis on August 30, 2008 at 12:24am — No Comments

Tax/Business Planning for Canadian entrepreneurs and businesses

Hello to all, I thought I might share some of my wisdom and passion of accounting and tax related topics. I do hope to pick interesting topics of subjects that are somewhat dry. I love what I do and hope to inspire others to take the tax/accounting bull by the horns and not fear it but use it to one own's advantage. Remember, tax evasion is illegal but good tax avoidance planning is what helps businesses get ahead with extra cash flow in your pockets. Kind Regards, Saverio Filippis… Continue

Added by Saverio Filippis on August 30, 2008 at 12:00am — No Comments