Blog

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
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…

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…

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…

Bookkeeping
An image of a farm in Durham Region that has just insured their crops against Farm Losses July 17, 2025

Everything Farmers Should Know About Farm Losses

The agricultural business is different from other businesses, as all its revenue is skewed toward the harvest season. If the crops are destroyed due…

Accounting
Two young business owners in Markham who have just started discussing their succession plan July 4, 2025

What Do You Need: Succession Planning or Estate Planning?

Estate Planning and Succession Planning – two terms that are often confused as one, and for good reason. Both deal with the same thing…

Business Succession
An image of a small business accountant discussing the business of agriculture with her client in Durham region June 19, 2025

How Accounting and Taxation Works for Agriculture?

Agriculture, be it farming or fishing, is a business. It earns money by selling goods. However, the nature of its operations is unique in…

Accounting
An image of some small business owners discussing what is required to sell their Markham company to an investor June 5, 2025

Planning to Sell Your Small Business? What Things You Should Consider

To sell a business or company, is not something that can be done overnight or over a phone call, and it is not something…

Business Consulting
An image of a young startup company based in Markham Ontario May 22, 2025

Startup 101: Having an Accountant by Your Side Has Its Benefits

So, you’ve got your startup off the ground, maybe it’s just you and a co-founder working out of a shared office space or from…

Accounting