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...
Dec 1, 2023 | Bookkeeping, Income Tax, Personal Finance, Small Business
When it comes to managing finances and preparing for tax season, professional bookkeeping is an indispensable service. Bookkeeping serves as the foundation for accurate tax preparation, ensuring compliance with regulations, and maximizing tax deductions and...
Oct 27, 2023 | 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...
Oct 6, 2023 | Personal Finance, Small Business
As consumers, we love to use our credit cards to make purchases. Especially if that credit card earns us reward miles, air miles, etc. However, businesses are on the hook to pay various credit card processing fees. Those fees increase for the merchant if the credit...
