Oct 31, 2025 | Bookkeeping, Income Tax, Productivity Tools, Small Business
The Importance of Auto Logs for CRA Reporting If you use your vehicle for business purposes, keeping a proper auto log isn’t just a good idea — it’s a requirement from the Canada Revenue Agency (CRA). Whether you’re a small business owner, self-employed professional,...
Oct 7, 2025 | Bookkeeping, Small Business
As a business owner, it’s easy to think you can do it all. After all, you have to wear many hats, especially in the beginning as you embark on your business. For most, bookkeeping is a task one dreads and procrastinates doing yet is something that needs to be...
Sep 12, 2025 | Bookkeeping, Financial Reports, Income Tax, Small Business
Closing a business in Ontario involves more than just shutting the doors. It requires attention to tax obligations to ensure compliance with both federal and provincial regulations. Whether you’re operating as a sole proprietorship, partnership, or corporation,...
Aug 28, 2025 | Personal Finance
A Registered Education Savings Plan (RESP) is a tax-sheltered account for parents, grandparents or anyone to help save money for a child’s post-secondary education (apprenticeship, trade school, college or university). The funds can be used towards paying for tuition,...
Jun 19, 2025 | Insurance, Small Business
You wouldn’t go without home or auto insurance and business insurance is no different. In fact, it is even more crucial as it lends to the credibility of the business. Business insurance protects the company from financial losses as a result of unexpected...