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,...
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...
Jul 19, 2024 | Bookkeeping, Quickbooks Online, Small Business
Bookkeeping is the backbone of any successful business. Accurate and efficient bookkeeping helps in maintaining financial health, making informed decisions, and ensuring compliance with the Canada Revenue Agency. However, even the most well-intentioned business owners...
Apr 5, 2024 | Bookkeeping, Productivity Tools, Quickbooks Online, Small Business
With the advancement of technology, QuickBooks Desktop will be discontinuing its service and support effective May 31, 2024. As it is essential for businesses to embrace modern solutions that streamline operations and enhance efficiency, migrating to QuickBooks Online...
Jan 5, 2024 | Income Tax, Personal Finance, Small Business
To make the most of your rental income, it is crucial to be aware of the income tax deductions available to owners of rental properties. Below are some of the key deductions that every Canadian landlord should be aware of that can help reduce the amount of income tax...
