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An image of an elderly couple who is meeting with their CPA Estate Planning Expert in Markham to help update their child's trust fund. January 8, 2026

Parents, Don’t Make These Mistakes While Creating a Trust Fund for Your Child

As a parent, you are always thinking of ways to secure your child’s future. But life is full of uncertainties. What if you are no…

Estate Planning
An overhead view of farm equipment working in the field in Durham Region December 4, 2025

Tips For Farmers to Make Their Cash Flows Last Longer

Of all occupations, farming is the most vulnerable to both natural and man-made environments. The constantly changing climatic and geopolitical conditions worldwide affect the farming…

Farming & Agricultural
An image of a farmer in Durham region who recently met with his accountant to discus formal compensation structures for his farming business. November 20, 2025

Does Your Farm Business Need a Formal Compensation Structure?

Wages and salaries are a significant expense in a labour-intensive farming business. Working in the field, most of the time you offer meals, cover the…

Farming & Agricultural
An image of a small business owner in Markham who is reviewing the CRA’s interpretation of Capital Dividends under General Anti-Avoidance Rule (GAAR) November 6, 2025

The CRA’s Interpretation of Capital Dividends Under General Anti-Avoidance Rule (GAAR)

The Canada Revenue Agency (CRA) offers several tax benefits to individuals, trusts, and corporations that file their returns and pay taxes.

Tax
An image of a small business owner in Markham that is looking at tax solutions for their Principal Residence October 16, 2025

Know How Principal Residence Exemption Can Bring Tax Savings on the Sale of a House

Buying a house is one of the biggest purchases an average household makes in their lifetime and selling it is equally big. You don’t want…

Tax
An image of a small business owner in Markham who recently hired KSSP Partners LLP to help them with their bookkeeping requirements. October 2, 2025

Breaking Misconceptions About Outsourcing Bookkeeping

One of the most underrated responsibilities in any business is bookkeeping. While accounting garners a great deal of respect, bookkeeping is often taken lightly, although…

Bookkeeping
An image of a high end restaurant representing the hospitality industry in Markham Ontario Canada September 18, 2025

Why Does Your Hotel Needs an Accountant Specializing in Hospitality?

Every business has unique financial and business requirements and challenges. While the basic accounting is the same, the three financial statements of profit and loss,…

Hospitality
An image of a father and son who just spoke with their tax advisor at KSSP Partners LLP in Markham about his OAS and how it will impact his estate plan. September 4, 2025

How Much Taxable Income You Can Earn Before OAS Clawback

Retirement is a big life decision that has mental, emotional, financial, and tax implications. Everyone, from low to high-income earners, goes through it. The Canada…

Tax
An image of a small business owner who has just recently hired KSSP Partners LLP in Markham as a fractional CFO for his start up business. August 14, 2025

Understanding the Role of a Fractional CFO in Business Finance

Nurturing a small business is more difficult than running an established corporation. The reason behind this is that you have to put in the same…

Business Consulting
An image of a local markham cloud accountant who is helping her client with their bookkeeping tasks. August 7, 2025

Is Bookkeeping Easy? The Long Task List of Bookkeepers

Running a growing business is a collective effort. You, as the owner, are the heart and soul of the company. Then there’s the operations team,…

Bookkeeping

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