The Bank of Canada has announced oversized hike after oversized hike of its key interest rate as inflation continues its rampage.
Unfortunately, inflation is here …
Author Archives: MikeWiddis
27
May
May
Planning an Ontario summer getaway in 2022?
The Ontario Staycation Tax Credit is a personal income tax credit for Ontarioians to claim 20 percent of …
16
May
May
Do you want to turn your creative side hustle into a full-time business?
If you’ve ever muttered the words, “I wish I could make a …
02
May
May
Thanks to Bill C-30, Canadian businesses can write off 100 percent of the purchase price (up to a maximum of $55,000) for electric vehicles, hybrid-electric, …
14
Apr
Apr
Wondering about income splitting strategies?
The Canada Revenue Agency (CRA) prescribed rate is at a low one percent, which has opened up the opportunity for …
Annoying as it is for many individuals across the Great White North, every year the Canada Revenue Agency regularly reviews returns after sending out a …
18
Mar
Mar
If you’re buying/selling cryptocurrency, a crypto tracker is a must-have tool. You’ve probably noticed that the crypto market is becoming just as complex as the …
05
Mar
Mar
As our clients are the owner-manager of an incorporated creative small business, we get asked this question at just about every year-end. The answer depends …
17
Feb
Feb
Are you getting a monthly balance sheet statement from your bookkeeper?
Ask yourself whether your books are really in order or are you just trying …
11
Feb
Feb
Are you getting a profit and loss statement regularly? Because you should be getting one every month, at least.
Be honest with yourself. Are your …