Feb 3, 2023 | Income Tax, Personal Finance
As a new year begins, here are some of the tax rules and changes to keep in mind. First-Time Home Savings Account (FHSA)The FHSA is a new tax-free savings vehicle for first-time home buyers to save up to $40,000 tax-free towards the purchase of a first home in Canada....
Jan 18, 2023 | Bookkeeping, Productivity Tools, Quickbooks Online, Small Business
As a business, you track the profit and loss of your business as a whole but what about tracking profitability on each job or project? Construction and project based businesses are best suited to take advantage of QuickBooks Online Projects. The Projects feature...
Jan 6, 2023 | Small Business
Cash flow is extremely important for any business to survive. At its simplicity, you need money to keep coming in so that you can pay your bills on time. Therefore, it is vital to create and maintain practical business practices in order to keep the cash flow...
Dec 2, 2022 | Income Tax, Personal Finance, Small Business
Many of our clients ask us how to register for a CRA account. We’ve outlined the process below. CRA’s My Account is a secure portal for viewing and managing your income tax information online. You can check for your refund, check benefits and credit payments,...
Nov 18, 2022 | Bookkeeping, Quickbooks Online, Small Business
As a small business owner, you have to stay on top of your finances and know your sales numbers, expenses, assets, liabilities, and equity. These numbers tell an important story about the state of your business. However, you may just not have enough time in a day or...