Improper input tax credit (ITC) documentation is one of the main reasons for GST/HST reassessments. Proper invoices to support ITCs are required by Canada Revenue Agency auditors. For example, the…

It’s crucial to know whether your workers are employees or independent contractors. Big dollars may be at stake in the form of Federal and provincial assessed penalties resulting from misclassification.…

Settle outstanding shareholder loans and interest on employee loans.If you have a shareholder loan that was made in the corporation’s previous taxation year, repay it before the end of the…

Growing a business isn’t just about making more sales, it’s about managing cash flow, forecasting growth, and planning strategically. But not every business can afford a full-time Chief Financial Officer…

Gone are the days of messy spreadsheets and manual data entry. Cloud-based bookkeeping has transformed how modern businesses manage their finances offering real-time visibility, automation, and accuracy like never before.…

As your business grows, so does the complexity of your finances. Payroll, taxes, compliance, and bookkeeping quickly become full-time jobs pulling your focus away from what truly matters: running your…