Tag: Tax tips

Incorporating & GST 101

This video is about Incorporating & GST 101 Find the resources here: 1. https://www.facebook.com/notes/danielles-sos-bookkeeping-services-ltd/self-employed-taxes-4-key-questions-to-ask-yourself-before-filing/2123582564630997/ 2. https://www.facebook.com/notes/danielles-sos-bookkeeping-services-ltd/does-your-small-business-need-a-gst-number/2123572067965380/

The high tax cost of divorce & separation

The financial effects of splitting up are bad enough. Wait until tax enters the picture. There are 71,000 divorces in Canada each year, and more than 40% of marriages end in divorce. That’s less than the U.S. divorce rate of 46%. (The Swedes, meanwhile,…

Why Small Businesses Fail: Top 7 Reasons for Startup Failure

Business failure isn’t something you want to think about when you start a business. But according to the SBA, about one-fifth of business startups fail within a year. Here are 7 reasons why small businesses fail and the ways your business can avoid failing….

Signs you need to hire a small business accountant

Unless you run an accounting practice, there is a very good chance that you didn’t start your business with hopes of filing T2s and managing your basic accounting program. You could be missing out on big accounting insights that only an expert financial professional…

10 reasons your small business needs an accountant

One of the most exciting things about managing a small business on your own is the ability to be in control of every operation.