More Money In Your Pocket And Better Decisions

As sole proprietors, we tend to mix business and personal expenses together on the same accounts, bank or credit card. I cannot stress how important it is to keep them separate! Open a bank account, take … Read more

How to Charge Sales Tax for Different Provinces in Canada

Are you a business that does business with other provinces in Canada? A client brought it to my attention that they were uncertain what they should be charging for sales tax. The bottom line is … Read more

Should I Buy or Should I Lease My Next Vehicle?

As a business owner, I have debated this question many times over the years. I have both leased and purchased, and I like to get a new vehicle every 3 or 4 years… whether I … Read more

File HST Returns Even for Zero Sales

After you register for an HST number when setting up your business, you are required by law to send in your remittances even if you have zero sales. When you start a business, unless you … Read more

Just Because You Know How to Do Your Own Bookkeeping…

Are you still insisting that you do your own bookkeeping because you know how? It is imperative that you maintain a current set of books. Canada Revenue Agency can audit you at any time with … Read more