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When you’re focused on businesses successes and challenges, taxes can easily slip your memory. It’s easy to forget to stay organized and prepared for the tax year-end, especially for small businesses without an established payroll department. We complied the top do’s and don’ts to help you prep for your business’ filing. DO: Keep track of […]
Read MoreOne of the most common questions put to tax professionals is: What’s coming next? Usually, this question is answered by a quip about crystal balls or some general theorizing about the current Government’s goals and the tools it may invoke to achieve them. However, on December 16, 2021, Prime Minister Justin Trudeau helpfully laid out […]
Read MoreNewest update: Canadian Standards are changing the well-known “Notice to Reader” financial statement. Section 9200, which is the current standard for Compilation Engagements, has been in effect since 1987. That’s 34 years without significant change in an industry of ever-changing and evolving standards! Why now? Simply put, there is a gap in how the statements […]
Read MoreA new year means new tax information! The Canada Revenue Agency (CRA) can make adjustments to how you file, so it’s important to stay top-of-mind of any changes to make sure you’re filing your taxes properly and getting the best return! Here are some general changes across Canada: As a general statement, anyone making over […]
Read MoreWhen looking at the future, investing your money can set you up for success in the long run. Investing money allows it to grow over a period of time, and if you’re investing in stocks, you decide when the right time is to pull your investment. If you’re reading this, you’re likely brand new to investing. If so, congratulations! Try not to get overwhelmed — though we know investing can be scary. You don’t want to make […]
Read MoreIt’s that time of year — when the temperature drops, the shelves become stacked with golds, silvers, greens and reds, and your staff grab the boxes stuffed deep in storage. It’s the holiday season! With the landscape of the ever-changing pandemic, businesses may be opting out of the holiday office party altogether, or perhaps the […]
Read MoreWith our digital landscape, cryptocurrencies continue to be a trending topic, acting as a popular option and investment opportunity for many individuals and businesses alike. For those unfamiliar with the term, cryptocurrency is secure digital money that is separate from government bodies (including banks) that usually works with blockchains. Blockchains act as a database for cryptocurrencies to record transactions. You’ve likely heard of the most popular form of cryptocurrency, Bitcoin, but there are several types of […]
Read MoreFor small to medium-sized businesses, the increase of cyberattacks has become a huge threat. The Insurance Bureau of Canada states that over the last year, cyberattacks have increased for Canadian organizations by 99%! Cyberattacks can cost organizations thousands of dollars, putting them in a tight spot financially. While there are a ton of statistics that showcase the ins and outs of cyberattacks […]
Read MoreYou’ve heard the term before — credit scores. It makes some people break into a sweat, nervous about their financial standing. But what exactly is a credit score and how does it impact you?
Read MoreNo matter the level of service you need from your accounting firm, there are some basic questions and considerations to keep in mind when making this important business decision.
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