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Blog | Bookkeeping, Accounting and Tax | Sarah Brown, CPA
Don’t forget about these basic year-end adjustments
You’re gathering information for your tax return but before you finalize it, let’s chat a bit about a few important, and simple, adjustments. Whether you’re …
If you’re not signed up for Auto-Fill My Return, you should
Auto-fill my return is a secure service offered by the Canada Revenue Agency (CRA) which enables certified tax software to electronically access data and information …
The quick guide to year-end bonuses
As the owner-manager of a corporation you may wonder how you should pay yourself; it’s a question we get asked a lot. In this recent …
A simple guide to account reconciliation
One of the first things good bookkeepers and accountants look for (or do) are account reconciliations. Why? Reconciliations are a critical control to help ensure …
The simple guide to understanding your business costs & how they impact your profitability
Not all expenses are the same and it’s important to understand how they differ in order to effectively manage your business and increase profitability. In …
The basic guide to claiming home office expenses when your business is incorporated
When you incorporate your business a legal entity that’s separate and distinct from you is created. This is an important point to remember because, if …
Will you get money back through the Small Business Job Credit?
If you have a small business with employees, you could be getting some money back after you file your T4 information. In September, 2014 the …
Don’t miss out on important information for your personal tax return
We strive to make things easier for you and one of the new initiatives is a newsletter to provide you with timely and relevant information. …
Often overlooked but very important for managing your business
Establishing the chart of accounts for your business is one of the first things completed when setting up accounting software. During the set-up process, you …
When do I need to pay my taxes?
Determining when you need to pay your taxes is very important since the due date for your tax balance doesn’t always correspond to the filing …