Let’s start by saying if we can do it — you can do it. When the economy is uncertain, it’s best to deploy a little strategy and preparation. Make sure your business is ready to thrive, no matter the forecast, with these easy-to-implement tips: Focus on Customers Focus on creating a service or product that […]
Read MoreTrolls, tigers, and taxes, oh my! Even with the spookiest night of the year upon us, we know that financial undertakings like taxes, gross pay, or even financial statements can be a year-round stressor, especially if you’re a business owner. We’ve curated a list of some common ways Chartered Professional Accountants and Business Advisors, like […]
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 […]
Read MoreRunning a small business is not for the faint of heart. Branching out on your own requires juggling multiple responsibilities, like managing your business’ marketing efforts and becoming an expert on finance. However, trying to balance day-to-day operations and financial management can be overwhelming and exhausting for many small business owners. This is where outsourcing […]
Read MoreManaging business finances is a critical aspect of running a successful company. From budgeting and tracking expenses to ensuring compliance with financial regulations, maintaining a firm grip on your finances is essential. Sound financial management is the foundation for the long-term success and growth of your enterprise. In this blog, we will explore the importance […]
Read MoreUnderstanding big data is an essential part to doing business in the modern world. The insights that can be made from big data can help you make better decisions based on real-time analysis rather than guessing based on historical trends.
Read MoreUnderstanding your business’ overhead costs is essential to your daily operations and having a clear picture of your company’s expenditures creates opportunities to make a profit.
Read MoreThis Tax Minute is devoted to reminding our clients what circumstances might trigger the PSB provisions and the effects if those provisions are triggered.
Read MoreOn June 9, 2022 Bill C-8 received Royal Assent making the Underused Housing Tax Act (“UHTA”) law, requiring certain owners of residential property in Canada to file returns annually.
Read MoreA prescribed rate loan is a loan made from a higher income earning spouse to a lower income earning spouse, adult family member, minor child or family trust at the “prescribed rate of interest”. The use of such a loan can transfer income from a higher income earner to a lower income earner, tax the income at lower tax rates and reduce the family’s overall tax burden.
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