Blog

An image of some small business invoices on a desk. May 8, 2025

Small Business Owners Guide to Creating the First Invoice

You’ve done the work. The project is complete. The service or the product is delivered. Now, it is time for the best part. Getting paid.

Bookkeeping
An image of a local Markham financial consultant meeting with his clients to discuss their financial plans for the coming year. April 21, 2025

How Strategic Financial Consultants Can Help Your Small Business Grow

Running a small business can be more challenging than running a big corporation. While a big corporate office has various departments and clearly divided responsibilities…

Business Consulting
An image of a small business owner in Markham reviewing the Canadian Entrepreneurs' Incentive April 3, 2025

A Beginner’s Guide to Canadian Entrepreneurs’ Incentive

Canada is home to thousands of small business owners, and the Canadian government keeps introducing various incentives to make it easier for them to do…

Advisory
An image of a Markham real estate agent shaking hands with a client after helping them close a transaction. March 20, 2025

What Non-Residents Canadians Should Know Before Selling Their Canadian Real Estate

Real estate transactions are complex, and if a non-resident is selling the property, there are additional administrative steps. If you are a non-resident of Canada…

Tax
An image of a scale with Gains and Loss on them March 6, 2025

Four Tips to Use Capital Loss to Reduce Taxes

Capital gains have a complex tax structure because of the nature of this income. A person who is neither employed nor doing business can also…

Financial Advisory
An image of a small business owner meeting with their team in a small boardroom in Markham Ontario February 20, 2025

Several Reasons CRA Could Deny Small Business Expense Deductions

Owning a business brings with it a variety of business expense deductions that are crucial to earn revenue. The end objective of incurring these expenses…

Tax
An image of a small business bookkeeper reviewing client records. February 6, 2025

Small Business Bookkeeping Checklist and How to Use It

Good bookkeeping is as much about discipline as it is about understanding numbers. Bookkeeping involves many different tasks, from sorting to documenting to organizing and…

Bookkeeping
An image of a business owner in Markham, reviewing his small business deductions January 23, 2025

Two Reasons CRA Could Deny Small Business Deduction 

The Canada Revenue Agency (CRA) offers Small Business Deduction (SBD) to Canadian Controlled Private Corporation (CCPC) on the first $500,000 in…

Tax
An image of a man in a suit pushing an automate accounting button on a touch screen. January 9, 2025

How to Automate Accounting with Cloud Accounting

Technology’s various forms and tools are intended to simplify and speed up human effort. Technology can make a big difference for a small business with…

Cloud Accounting
An image of a commercial real estate broker showing a client a new office investment December 12, 2024

Uncertainty Remains Around New Capital Gains Rules

The year 2024 is a transitional year as several tax rule changes occurred. One of the rule changes is the increase in the capital gains…

Tax

Search

Categories