Why ParagonBooks exists
The best accountants, tax specialists and lawyers know things most Canadians never hear about: a credit they qualify for, an election that saves money, a deadline that's coming. Most people can't pay for that advice, and many don't know what to ask.
ParagonBooks is built to close that gap. You talk to it in plain words, and no question is too basic. It keeps your books, watches your deadlines, and tells you what your own numbers say you may be missing, citing the law so you can check.
It should cost little, and personal use is free, because the people with the least to spend often have the most to gain. Personal books and tax, your businesses, payroll, GST/HST, year-end packages and the cap table share one set of records, so a question that crosses them gets one answer.
What you didn't know to ask
Paragon reads your numbers for credits, elections and plans you may qualify for. When there's a real choice, like salary or dividends, or whether to incorporate, it shows both outcomes side by side, in dollars, and leaves the choice with you.
Taking $100,000 out of Northshore Landscaping Ltd. this year
Salary
- You keep
- $71,400
- RRSP room it creates
- $18,000
- CPP pension
- Builds it
Dividends
- You keep
- $73,900
- RRSP room it creates
- $0
- CPP pension
- None
Dividends leave $2,500 more this year. Salary builds $18,000 of RRSP room and your CPP. Figures are illustrative.
Who makes it
ParagonBooks is made by Altumo Software Inc., a software company in Burnaby, British Columbia, Canada. Write to us at hello@altumo.com.