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An image of some young entrepreneurs who are discussing profitability in their start-up in Markham February 19, 2026

Profit vs. Profitability: What do Entrepreneurs Need

Ask any business owner what their aim for their business is, and the most common answer would be to earn more profit. Of course,…

Entrepreneurs/ Start-ups
An image of a small business meeting in which they are discussing their shareholder agreement February 5, 2026

How Can Business Owners Use Shareholder Loans Efficiently?

Every company begins with funds that the business owner injects into it. You use your savings to meet business expenses. A good bookkeeping habit…

Accounting
An image of a Markham Ontario retailer who recently hired a CPA firm to be their fractional CFO January 22, 2026

Fractional CFO: A Financial Guide to Tackle Retail Industry Challenges

When it comes to taking a business from simply being a “good business” to becoming a leader in the market, a requirement of a…

Retail
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…

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 & 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…

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…

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…

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,…

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…

Hospitality

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