a woman looks at her mileage app while exiting her car

How to keep a CRA mileage log for vehicle expenses

Sep 13, 2019
If you’re self-employed and using your vehicle for business use, are you keeping a mileage log? If you’re audited by the Canada Revenue Agency (CRA), and you don’t have one, the CRA could reject your claims for motor vehicle expenses. Avoid CRA scrutiny with our tips and tricks on keeping a mileage log.

Tags: Farm Taxes, Small Business Taxes, Tax Planning, Tax Preparation, Trades Taxes

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What you need to know about CRA payroll deductions and remittance as an employer

Sep 05, 2019
How to fulfill your CRA payroll obligations as an employer.

Tags: Small Business Taxes, Tax Planning, Tax Preparation

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Our top picks for August 2019

Aug 26, 2019
We list our favourite picks from around the web that offer inspiration, advice and interesting information for small businesses.

Tags: Small Business Taxes

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Selling your small business: Share sale vs asset sale

Jul 31, 2019
If you’re selling your small business, is it better to do a share sale or an asset sale?

Tags: Financial Planning, Small Business Taxes, Tax Planning

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Our favourite small business podcast episodes from July 2019

Jul 26, 2019
We list our favourite podcasts from the month that offer inspiration, advice and interesting information for small businesses.

Tags: Small Business Taxes, Farm Taxes

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What you need to know about your Notice of Assessment

Jul 18, 2019
After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

Tags: Audit Representation, Farm Taxes, Financial Planning, Legal & Compliance, Small Business Taxes, Tax Consultation, Tax Planning , Tax Preparation

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Is a Group RSP right for your small business?

Jul 10, 2019
You’re likely familiar with the Registered Retirement Savings Plan (RRSP), which gives Canadians a way to shelter income tax until retirement, but have you considered a Group Retirement Savings Plan for your employees?

Tags: Financial Planning, Small Business Taxes, Tax Preparation, Tax Consultation, Tax Planning

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a calculator, laptop and notepad used for receipt organization

7 simple ways to organize your receipts

Jul 04, 2019
Does the thought of organizing your receipts fill you with dread? We get it. It can seem overwhelming to keep track of your receipts on top of the busy demands of running your own business. But putting in the work now means you’ll save time when it comes to filing your taxes.

Tags: Bookkeeping, , Financial Planning, Small Business Taxes, Tax Planning, Tax Preparation

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Choosing the right business structure

Jun 18, 2019
Choosing the right structure for your business can have implications on taxation, liability, and succession planning.

Tags: Small Business Taxes, Farm Taxes, Legal & Compliance, Tax Planning

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Can you get the Canada Child Benefit if you’re self-employed?

May 29, 2019
The Canada Child Benefit is a tax-free monthly payment for those with children under the age of 18.

Tags: Tax Consultation, Tax Preparation , Tax Planning, Farm Taxes

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“At least eighty percent of millionaires are self-made. That is, they started with nothing but ambition and energy, the same way most of us start.” — Brian Tracy