As the year draws to a close, the excitement of new beginnings looms on the horizon. However, before looking back at 2024, it’s crucial to assess your business’ financial health. A well-executed year-end review prepares you for the tax season ahead and sets the stage for future growth. In this guide, we’ll walk you […]
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Starting a new business is thrilling, but amidst the excitement, there’s a crucial aspect that requires your added attention: bookkeeping. Proper bookkeeping is not just about tracking numbers; it’s about laying a solid foundation for your business’ financial health and stability. In this guide, we’ll cover the basics of bookkeeping and accounting to help you […]
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In 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 […]
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Understanding financial statements, knowing what they mean and how to use them effectively are crucial to running any business. However, for non-financial professionals, they may be difficult to understand. We’re here to help break down financial statements into ways that are easy to understand while explaining their importance and the role they play in making […]
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The 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 […]
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The 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 […]
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The 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 […]
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Successfully 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, […]
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New year, new goals — as 2024 starts unfolding, now is the perfect time to set clear, measurable goals for your money aspirations. Use this easy guide and follow the SMART framework to set Specific, Measurable, Achievable, Relevant and Time-bound goals. Get Specific Being clear on what your goals are is key for success. For […]
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Set your business up for success in 2024. The best way to see where to invest and improve for the new year is with a year-end financial review. A few key areas to focus on: Goal Accomplishments Celebrate your company’s highlight reel. Once you’ve mapped out what the year’s goals were — you can talk […]
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