Canada-wide Toll Free:

Small Business Taxes

Are Bitcoin Gains Taxable?

Are Bitcoin Gains Taxable?

Last updated: Mar. 21, 2018 
Bitcoin has taken the world by storm and if you jumped on even just a few months ago you may be sitting on a rather large gain. (Or a loss if you bought at it’s peak in December.) You may be wondering if any profits in your Bitcoin or other cryptocurrency … Read more

What Are the Benefits of Filing Taxes Early?

What Are the Benefits of Filing Taxes Early?

Last updated: Mar. 14, 2018 
It’s tax season. For many small business owners in Canada, this is a season of dread: making sure your bookkeeping is in order and up-to-date, collecting receipts, and taking time to fill out the Canada Revenue Agency’s (CRA) often confusing tax forms. Unfortunately, waiting until the last minute can lead to … Read more

Manitoba Budget Report 2018

Manitoba Budget Report 2018

Last updated: Mar. 13, 2018 
Keeping Our Promises … Real Progress for Manitobans On March 12, 2018, the Honourable Cameron Friesen presented his third budget as Minister of Finance.   The budget contains several tax measures affecting individuals and corporations. Although the budget does not include any changes to Manitoba’s corporate or personal tax rates, it … Read more

Impact of New Federal Budget on Business Owners

The Impact of Canada’s New Federal Budget on Small Business Owners

Last updated: Mar. 2, 2018 
Earlier this week we provided a summary of the 2018 federal budget. There were a lot of concerns about how this latest budget would affect Canadian small business owners. For starters, there are a large number of key items in the 2018 federal budget which small business owners should pay close … Read more

British Columbia Budget Report 2018

Last updated: Feb. 21, 2018 
On 20 February 2018, British Columbia Finance Minister Carole James tabled the province’s fiscal 2018–19 budget. The budget contains several tax measures affecting individuals and corporations.  The minister anticipates a surplus of $219 million for 2018-19, and projects surpluses for each of the next two years. Highlights New child care program … Read more

How Accurate Financial Reporting Helps Businesses

The Importance of Accurate Financial Reporting for Small Business Growth

Last updated: Feb. 14, 2018 
As a small Canadian business owner, having accurate and organized financial statements can help you run your business more efficiently and effectively. Financial statements are a barometer of your company’s success. Your business’s financial statements can include information on income, capital expenditures, cash flow, balance sheets, etc.
 
Financial … Read more

Lunch & Learn: Tax Tips for Business Owners

tax tips

Last updated: Feb. 11, 2018 
We offer Lunch & Learn sessions across Canada on various topics for small business owners. Watch for more info on upcoming times in your area. If you have an organization or business group that you would like to invite us to present at, let us know. We work with thousands of … Read more

Finding the Right Small Business Tax Specialist

Finding the Right Small Business Tax Specialist

Last updated: Jan. 31, 2018 
Preparing income tax returns for small businesses can be daunting. Not only are the tax forms a little confusing, Canada’s tax laws change with great frequency and without fanfare; it’s up to you to keep track of everything going on at the Canada Revenue Agency (CRA). To avoid tax-related problems, ensure … Read more

When to Hire a Tax Consultant as a Small Business

When Is the Right Time for a Small Business to Hire a Tax Consultant?

Last updated: Jan. 17, 2018 
Hiring a Tax Consultant for Your Small Business Hiring a professional tax consultant for your small business is a strategic move that could save your business a lot of money in the long run. A small business tax consultant is important to your business’ bottom line because they are there for … Read more