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Equipment Buy Vs. Lease Calculator

Finance Purchase of Equipment: Lease or Buy

Last updated: Jul. 18, 2018 
Spring time and planting season are behind you. Did the equipment survive? Harvest Season will be hear soon enough. Are you in need of new equipment to bring in the crops? Or maybe you need to replace the van for your plumber or electrician business. One thing that farmers and tradespeople … Read more

Taxes and Recreational Cannabis in Canada

Taxes and Recreational Cannabis in Canada

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

Performance Indicators for Measuring Small Business Success

4 Key Performance Indicators to Measure the Health of Your Small Business

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

Small Business Accounting Trends in 2018

Small Business Accounting Trends That Will Transforms Your Business

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

Tax Saving Tips for Canadian Small Business Owners

Top Tax Saving Tips for Small Business Owners in Canada

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

Tax Tips: Reporting Self-Employment Income

What Are the Benefits of Filing Taxes Early?

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

Tax Increases Affect Passive Income for Private Corporations

Passive Income for Private Corporations

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

Factors that Determine Cost of Small Business IT Systems

Factors that Determine the Cost of Small Business IT Systems

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

Saskatchewan Budget Report 2018

Saskatchewan Budget Report 2018

Last updated: Apr. 11, 2018 
On April 10, 2018, Finance Minister Donna Harpauer delivered her first budget as Finance Minister. The Finance Minister pointed to the province’s continued shift away from a reliance on natural resource revenue as a positive sign for the economy: Natural resource revenue is projected to make up 10% — or $1.48 … Read more