Insights & updates from our CPAs
Practical, plain-English guidance on tax, bookkeeping and running the financial side of a Canadian business.
Tax planning
Salary or dividends: how owner-managers should decide
There is no universal answer, but there is a reliable way to reach the right one for you.
Read moreHST / GST
The HST Quick Method, and who it actually suits
Service businesses with low costs often keep part of the HST they collect. Product businesses usually do not.
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Bookkeeping
What actually happens at month-end
Reconcile, accrue, review, explain. A plain account of how a month gets closed properly.
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Self-employed
When should a self-employed professional incorporate?
Incorporation pays off at a specific point. Here is how to find yours.
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CRA
You have a letter from the CRA. Here is what to do.
Most CRA letters are routine review requests. How to tell what you have, and what to do next.
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The Monthly Close
Tax deadlines and practical tips, once a month
One short email. Upcoming CRA dates, planning ideas and nothing you need to unsubscribe from in a hurry.