May 9, 2017 | Small Business Accounting
Many businesses could benefit from hiring a CFO (Chief Financial Officer), but unfortunately, most small businesses cannot afford to do so. In this instance, outsourcing a CFO might be the answer. Businesses outsource CFO services when they need a more in-depth... 
Apr 17, 2017 | Small Business Accounting, Toronto Chartered Accountant
Tax season is upon us and that means that everyone is focused on gathering their financial data. Filing taxes can be stressful, but the thought of a financial audit by the Canadian Revenue Agency (CRA) can be worse – mostly due to the myths about them out there.... 
Apr 6, 2017 | Chartered Accountants, Cloud Accounting, Small Business Accounting
For the past couple of years, Intuit’s QuickBooks Online has been dominating the accounting software market and have also become a household name with a reputation for reliability. It has only been recently that competition has started to arise. Xero has quickly... 
Mar 9, 2017 | Small Business Accounting
If you run a small business you have probably been faced with the dilemma of whether or not you should hire an accountant. Often times, small business owners will try to handle everything themselves. Some people would rather hire a Chartered Accountant just for tax... 
Jan 24, 2017 | Chartered Accountants, Small Business Accounting
If you own a small business that has been incorporated, you have a few options when it comes to how to pay yourself. The two main options are either salary or dividends. Each payment method has advantages and disadvantages so we have compared the two for you. Salary... 
Jan 16, 2017 | Small Business Accounting
Taxes can be stressful, but a lot of this stress can be avoided by simply filing your taxes early. These are just a few of the many benefits to filing early and avoiding the last-minute tax season rush. More Time to Pay Your Taxes This is especially beneficial if you... 