With tax season around the corner, the fear of a potential audit is creeping in for many business owners. That unease can be squashed with just a few steps designed to reduce the chances of being flagged by the CRA. One of those steps is ensuring that your tax return includes a completed Schedule 50.
Read MoreWith tax season around the corner, the fear of a potential audit is creeping in for many business owners. That unease can be squashed with just a few steps designed to reduce the chances of being flagged by the CRA. One of those steps is ensuring that your tax return includes a completed Schedule 50.
Read MoreWhen it comes to accounting and finance, numbers are the map of everything. One number, in particular, commonly finds the spotlight—the number 12. It’s particularly vital to accountants, marking the 12 months in a fiscal year, but beyond that, it plays a key role in some of the most valuable tools for business analytics. Trailing […]
Read MoreThe holiday season is a time for joy, togetherness, and giving back. But beyond the happiness of giving, charitable donations also come with some tangible financial benefits. Whether you’re personally looking to increase your donations or, as a business owner, are strategizing to align your giving back with your financial goals, understanding the tax advantages […]
Read MoreIn the world of business, numbers tell a story. They reflect a company’s financial health, guide decision-making, and shape strategic planning. While many business owners might feel comfortable managing their finances independently, hiring a professional accountant can offer substantial advantages that contribute to financial growth and stability. Here’s a look at how a professional accountant […]
Read MoreThe 2024 proposed federal budget has recently been announced, and we wanted to shed some light on a few key elements that have been mentioned so you are aware of how these may affect you, your life and your business. It’s important to keep in mind these announcements are currently just proposed changes with nothing […]
Read MoreThe clock is ticking with the tax deadline fast approaching. But it’s okay — you have time to breathe and gather yourself before filing. We’re here to offer some last-minute tax tips and reminders to help you meet your personal deadline successfully, while ensuring you have a stress-free tax season. Here are some things to […]
Read MoreThe promise of spring brings with it many things. New beginnings, new greenery and flowers in bloom, and the arrival of the deadline to file your income taxes on April 30th. OK… admittedly, the last one is not quite the same as the first two but, with these simple spring-cleaning steps, you’ll be more than […]
Read MoreSuccessfully managing your business taxes is vital to ensuring financial success for you and your employees. Just when you think you have it all under control, they go and change the rules again. Here are the top-4 changes to be aware of for your business in 2024: Canada Pension Plan With new maximum pensionable earnings, […]
Read MoreIt’s that time of year again. The air is turning cooler, the days are shorter, and the annual tax season is right around the corner. If you’re like many, you’re already dreading the piles of paperwork, receipt chasing, and organizational headaches. Sound like you? Here are some top tips and tricks for both individuals and […]
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