Blog
July 7, 2023
Entrepreneurs: The Tax Implication of Giving Gifts to Clients and Employees
You give gifts for many reasons, sometimes as a token of appreciation, sometimes to celebrate holidays and birthdays, and sometimes to say thank you.
June 23, 2023
TFSA or RRSP – How should business owners approach saving for retirement?
If you are self-employed or own a business that you work full-time, saving for retirement can be challenging. Alongside focusing on business growth, you…
June 9, 2023
Tax Tips for New Entrepreneurs
Whether you’re working on a new business full-time, starting a new side hustle or business, or navigating the world of freelancing, making sure you…
May 19, 2023
5 Steps for New Businesses to Set up an Accounting System
Good accounting is the foundation for the financial success of a business of all sizes. Efficient accounting systems help you keep track of your…
May 4, 2023
Corporation Vs. Sole Proprietorship: Which is the Right Structure for Your Business?
Starting a new business, especially your first business, can be an exciting and rewarding experience. Still, it can be not very clear for first-time…
April 21, 2023
Keeping your small business finances organized
Small businesses have a lot going on. All at once. And if, like most small business owners, you’re wearing a million hats. Organizing receipts and…
April 14, 2023
Scenarios Where First Home Savings Account (FHSA) Withdrawals and Contributions are Taxable?
After a decade of rising property prices, Canada’s housing market has reached a point where buying a home has become unaffordable. To help Canadians…
March 24, 2023
Why Should Freelancers and Self-Employed Consider Hiring Accountants?
Many people prefer working as freelancers or self-employed instead in a corporate. Companies also prefer hiring freelancers because they don’t have to handle the…
March 10, 2023
Everything Small Business Owners Need to Know About Invoicing
Being a small business owner is a 24X7 job. In the beginning, you’re the boss, the employee and everything else your business needs you…
February 24, 2023
How to Optimize the Cash Flow Forecasting Process for your Small Business
Cash flow forecasting is essential for small business owners. Having enough cash in the bank helps ensure your business remains financially stable. A…