Articles: Small Business Taxes

Last updated: 2018-03-23 09:09:37 On March 22, 2017, the Honourable Joe Ceci, President of Treasury Board and Minister of Finance, presented his fourth budget and the fourth budget of Alberta’s NDP government. The budget contained no new taxes, and no new tax increases or decreases that had not previously been announced. Highlights Deficit of $8.8 Billion … Read more

Last updated: 2018-03-21 01:02:39 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 accounts … Read more

Last updated: 2018-03-14 14:18:54 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 increased … Read more

Last updated: 2018-03-13 11:39:18 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 increases … Read more

Last updated: 2018-03-02 10:40:37 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 attention … Read more

Last updated: 2018-02-21 10:25:36 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 that … Read more

Last updated: 2018-02-14 13:19:08 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 statements also let … Read more

Last updated: 2018-02-11 18:00:00 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 farm … Read more

Last updated: 2018-01-31 07:48:58 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 you’re … Read more