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Is Facebookâs Valuation Justified? A Comparison of Key Financial Metrics to Apple and Google
Published on 2012-02-07 22:45:25
The recent release of Facebook's S-1, the financial filings that are required to be publicly available prior to filing an IPO, has created a media frenzy. The report has been dissected and analyzed extensively, financial news networks can’t seem to stop talking about it and it seems that people who have never heard of an IPO are discussing it, fittingly, on their Facebook pages. The most controversial issue, of course, is whether Facebook is actually worth $100 Billion.
Preparing your Small Business and Self Employed Tax Return with UFile Tax Software
Published on 2012-02-06 23:57:12
Unincorporated Small Business and Self Employed owners are fortunate to be in an age where preparing tax returns have been significantly simplified. Not only are calculations automated, but contemporary tax software provide interfaces which make input of data fairly straightforward. Tax software also help taxpayers to optimize their deductions, so preparing your own taxes has never been easier. Of course tax software is still only a tool and is not a replacement for tax experti
Essential Facts about Shareholder Loans for Incorporated Small Business Owners
Published on 2012-01-26 21:48:05
There are three primary ways in which you, as an owner-manager, can withdraw funds from your corporation. You can pay yourself a salary, you can declare a dividend or you can borrow money from the corporation. When you borrow money from your own corporation the Canada Revenue Agency (CRA) has put into place strict rules as to when you have to repay the loan. This is essentially to ensure that the owner-manager does not avoid paying taxes indefinitely. The basic rule for
