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, …
Author Archives: MikeWiddis
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 …
03
Feb
Feb
What can you do now if you plan to sell later?
Selling a business requires a lot of planning, or at least it …
20
Jan
Jan
Wondering if it’s a good idea to file income taxes on your own?
If you have a simple tax situation—just a T4 and an RRSP …
10
Dec
Dec
Wondering How to Raise Prices Without Losing Customers?
The Consumer Price Index (CPI) rose 4.7% (on a year-over-year basis) in October 2021. This was the …