It’s tax day today at my house. Most Canadian personal income tax forms are due on or before April 30th, but the exception to that rule is if you own a business in Canada. Then your personal income tax forms are due June 15th. So I’m completing my taxes today and sending them in. (I […]
Tag Archives: income
Passive income versus active income
In this blog post, I want to talk about the differences between passive and active income and how they relate to your business. THE BASIC DIFFERENCE BETWEEN ACTIVE INCOME AND PASSIVE INCOME Active income is money you earn that requires your effort. For example, if you sell a service that you must first complete – […]