Category: Entrepreneurs

COVID-19: Changes to our in-office experience – March 24th

We’re in an unprecedented time and the safety of our clients, our associates, and our communities are more important than ever before. On Wednesday March 18th, Canada Revenue Agency (CRA) and Revenu Quebec (RQ) extended the tax deadline to June 1, 2020, which is… Continue Reading “COVID-19: Changes to our in-office experience – March 24th”

Financial planning 101: Investments

Commodity futures contract   Before we delve into the details of commodity futures, let’s first define a commodity. A commodity in economics is a basic good that is considered the same regardless of who produced it. With grain, for example, would you really be… Continue Reading “Financial planning 101: Investments”

Accounting Outsourcing: The Nitty-Gritty that you need to know

Are you dreading about clearing the accounting and bookkeeping work which has piled up in your desk in view of the approaching tax season? Simply opt for accounting outsourcing to deal with the issue with ease and perfection. This is the simplest way for… Continue Reading “Accounting Outsourcing: The Nitty-Gritty that you need to know”

2020 Personal Income Tax Changes You Need To Know

When you look at your household budget, the amounts you’re spending on mortgage/rent, transportation and food are usually top of mind. While all those expenses certainly matter, something else you should keep a watchful eye on is income tax. It’s the single biggest expense… Continue Reading “2020 Personal Income Tax Changes You Need To Know”

Accounting Methods – Cash and Accrual

When starting a business, you have to determine the method you are going to use for accounting and paying taxes. The two choices are the cash method and the accrual method. Cash Method If you are looking for simplicity, the cash method is probably… Continue Reading “Accounting Methods – Cash and Accrual”