With so much to figure out and learn when starting and running a business, record-keeping tends to be put off in a box of papers until it’s too late to really course correct for low (or negative!) profits, or consciously …
Less than a year into Ontario’s new Payroll Legislation, the Government of Ontario is changing it’s mind, and putting one of the regulations back the way it was! For now, anyways. Under the new rules that took effect on Jan. …
When I see all the costly filing software for sale on the store shelves every year, I wonder if everyone is aware of the great and free (pay what you want) filing applications that are CRA certified, robust, and available …
If you are self employed, your income tax return is not due until June 15th, but if you owe taxes, the funds are still due April 30th. Yes, you read that right! Even though self employed individuals (and their spouses!) …
***Update*** Though Bill 148 is still in effect at the time of this update, on May 7th 2018 the Ontario Government announced that the Public Holiday Pay section was reverting BACK to what it was before January 1st 2018 as …
Ontario will have the highest minimum wage in Canada for the next ten months as the Ontario Legislature has passed the “Fair Workplaces, Better Jobs Act 2017” which takes affect January 1st 2018. That number is slated to climb even …
Happy New Year! Take a moment to snap a pic of your odometer right now! If you own your own business, and you are not incorporated (so, a sole proprietorship or a partnership), you are required by CRA to keep …
Announcing the Free Workshop Series for New Business Owners! “What Business Owners Need To Know about Bookkeeping when Starting a Business” It is a series of a dozen 2 to 9 minute videos that discusses the whys and hows of …
If I could give two pieces of advice to every new business and entrepreneur it would be: Look at your numbers every month, and DON’T SPEND CRA’s MONEY! Look at your numbers every month. This is a MUST! Don’t fly …