The Not So Obvious Tax Strategies for Entrepreneurs w. Faisel Syed

Tax season can be a stressful time for anyone, especially if you’re an entrepreneur or small to medium sized business owner. Many Canadians are confused by the complex tax system we have in place, and this lack of understanding could pose challenges to the growth and success of your business. Don’t worry though - you’re not alone. This week’s episode features Faisel Syed, Founding Partner of Square Law Group, a boutique law firm specializing in tax planning, defense and litigation for corporate & commercial law, family law, and real estate in Calgary, Alberta in Canada. Faisel is a lawyer and CPA with a long history specializing in tax planning and dispute resolution. In this episode, he shares some insider tips to help you understand tax law and avoid legal run-ins should your business be audited.  We also discuss the importance of being in control of your own accounting destiny, and how to navigate between incorporating versus being a sole proprietorship.  What sets this episode apart is Faisel’s ethical and compassionate approach to tax advice, influenced by a poignant story from his time at the Canada Revenue Agency. Join us for an engaging discussion that transcends conventional tax guidance, offering practical strategies tailored to Canadian business owners, CEOs, and entrepreneurs.  Show notes of this episode: https://bit.ly/48nWWV7 Check out some of our most popular episodes: Chicken S#!it CEOs w. Mogens Smed: https://bit.ly/3M7c4xC Leadership Lessons from Louis Vuitton, Samsonite, and Now, EVCP Growth Equity: https://bit.ly/3LN5Gug Canada’s Best Venture Partner w. Bruce Croxon: https://bit.ly/3ppCAt9 Sign up for our free 5-part master class Investor Marketing 2.0: https://bit.ly/42C0FLW Stay in the know and follow along: Connect with our host, Cory Cleveland on LinkedIn: https://bit.ly/3Lti42o Visit The Insider’s Guide to Finance Website: https://bit.ly/3NO9qxQ Follow us on LinkedIn: https://bit.ly/42grK7w Subscribe to The Knowledge Bank Letter - a periodic letter of actionable insights, interviews, and quality curations: https://bit.ly/3pgdAVf Please note that the information contained in this interview is not financial advice but for entertainment purposes. I am not a financial advisor and make no warranties or representations concerning the accuracy or suitability of the information contained in this interview. I recommend that any and all investment decisions be made with the advice of registered investment advisors.