by admin | Sep 13, 2021 | Accountant, Accounting Tips, Bookkeeping, Small Business, Tools
Companies like Inuit (QuickBooks) and Sage are putting a lot of time and resources into converting their traditional desktop users onto their Cloud platforms. There are also companies like Xero, FreshBooks, and Wave that have only ever existed in the cloud. The...
by admin | May 13, 2021 | Accountant, Accounting Tips, Bookkeeping, Business Advice, Entrepreneur, Financial Advice, Small Business, Startups, Tax Accountant, Tax Tips
Preserving your cash flow or saving your company money is something that I find is at the forefront of many small business owners. As we make our way through the COVID-19 pandemic, this is understandably creating a lot of stress on business owners. Here are some...
by admin | Mar 9, 2021 | Accountant, Accounting Tips, Bookkeeping, Small Business, Tax Accountant, Tax Tips, Taxes
CRA Audits Do Happen The words Canada Revenue Agency (CRA) and Audit separately can already make people break out in a sweat, but put them together? I don’t think anyone is ever thrilled to hear that they are going to have to go through a tax audit! However, as an...
by admin | Feb 9, 2021 | Accountant, Accounting Tips, Bookkeeping, Checklists, Tax Accountant, Tax Tips, Year End
As you get all your paperwork organized for tax season, here is a comprehensive list of things to consider when preparing your company’s financial information for your accountant: Have your bank accounts and credit cards been reconciled? Have you looked at your...
by admin | Oct 9, 2020 | Accounting Tips, Bookkeeping, Business Advice, Business Strategy, Entrepreneur, Financial Advice, Investments
A Financial Forecast/Budget Will Provide You With All The Data You Need To Make Important Decisions Budgeting and forecasting are great ways for every entrepreneur to set out goals and targets for their business. As an accountant, I love numbers, I love the stories...
by admin | Mar 29, 2018 | Accounting Tips, Small Business, Tax Tips
Incorporating a small business in general can provide some tax advantages such as: access to the small business deduction a potential deferral of taxes if profits are kept in the corporation access to the capital gains exemption on sale of qualified small business...
