Are You Unknowingly Part of The Underground Economy?

Every so often, we come across variations of the question: “Can’t I just pay my employees with cash?” It’s a question that taps into the broader conversation about the underground economy in Canada—a sector that, … Read more

woman reading tax return

Salaries and Taxes for Your Small Business – Some Planning Required

Often, as business owners, we don’t want that huge tax bill at the end of the tax season. Some decide they want to just pay themselves a salary so they can pay taxes as a … Read more

Link to Canadian Tax Packages for All Years

Each package includes the guide, the return, related schedules, and the provincial or territorial schedules, information, and forms (except Quebec). Click here to access this resource on the government of Canada website.    

5 Resolutions for Your Bookkeeping New Year

We all make promises to ourselves that in the New Year we will do things better. Here are 5 worthwhile activities that will make your accounting processes easier for yourself and your bookkeeper. These are … Read more

Are You in Danger of Missing Your Business Income Tax Deadline?

Do you know when you are required to file income tax returns for your business with the Canada Revenue Agency (CRA)? The following is a guideline to use to make sure you file in time … Read more