RRSP vs TFSA – both are registered accounts that are great for saving money, but they come with distinct features and benefits. Deciding on which …
Category Archives: Accounting
Economists are forecasting a recession in 2023 due to inflation, labour shortages, and rising interest rates.
If you have started your business in the …
Are you considering closing your business and just walking away?
Deciding on whether to close a business can be hard to do. You put countless …
While many business write-offs are pretty self-explanatory, such as office rent and supplies, others are more confusing. We regularly have clients trying or asking to …
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 …
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 …
If the CRA were to review your expense claims, would you be ready?
Every year, the Canada Revenue Agency regularly reviews returns after sending out …