Last updated: Jul. 4, 2018
Recreational cannabis will become legal in Canada as of Oct. 17. Growing illegal marijuana has a long tradition in Canada, whether as a massive grow op in an abandoned Molson brewery plant outside of Barrie, Ont., or representing British Columbia’s second largest agriculture export to the United States, even before Washington … Read more
Last updated: Jun. 27, 2018
Small business owners know that to be successful, they need to closely manage their growing business. Unfortunately, as small businesses become more successful, many owners find they are saddled with additional tasks and can feel more removed from its operations. Key performance indicators are a great way for small business owners … Read more
Last updated: Jun. 20, 2018
A lot of small business owners think accounting is, without question, one of the most boring jobs in the world. But, recent developments and new technology have been reshaping the accounting industry. Small businesses that want to simplify their accounting and bookkeeping work need to embrace and adapt to new accounting … Read more
Last updated: Jun. 13, 2018
If you’re a small business owner in Canada, there are a large number of tax deductions you can claim against your small business spending. This helps minimize your tax burden and maximize your business income. Take Advantages of Tax Deductions This is the most obvious option. Tax deductions help reduce your … Read more
Last updated: Jun. 6, 2018
The number of Canadians who are self-employed has risen dramatically over the last 20 years. While working for yourself has a lot of benefits, figuring out your self-employment income, calculating your taxes, and how to claim certain-business related expenses isn’t one of them. Below is a list of important tax tips … Read more
Last updated: May. 30, 2018
The Canadian Income Tax Act turned 100 last year and Canadians can be excused if they didn’t celebrate. Since its introduction in Canada in 1917, it has become a much more complex document and has grown to more than 2,000 pages in length. In 2017, the government signaled its intention … Read more
Last updated: May. 22, 2018
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Last updated: May. 16, 2018
Canada’s agricultural industry has evolved over the last 50 years, and not just when it comes to farming implements. The way farm operators maintain their business and financial records has changed dramatically too. Where some farmers used to keep handwritten records and just hand their tax professional a box of receipts, … Read more
Last updated: May. 9, 2018
Budgeting for information technology (IT) services can be a challenge for small businesses. While many people may imagine an IT department as a team of nerds answering computer questions, what IT system looks like differs from business to business. In general, IT systems can include: Employee technical support for devices (desktop … Read more