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The Non-Refundable Tax Credits Most Canadians Miss Each Year
Remember last year when you felt that twinge of regret after submitting your tax return? That nagging feeling that you might have left...

Dayna Dumont
Mar 264 min read
31
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The Self-Employed Taxes Checklist You Can't Afford to Ignore
Originally published: February 28, 2024 Remember last year's scramble to gather receipts and decipher confusing forms? It's time to...

Dayna Dumont
Feb 17 min read
214
1


Are You Overlooking These 10 Bookkeeping Practices for Reducing Operating Costs?
Previously published July 10, 2023 You might think your bookkeeping is under control, but what if the hidden gaps in your process are...

Dayna Dumont
Jan 64 min read
57
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How to Calculate HST/GST Tax in Ontario: What Every Smart Business Owner Needs to Know
Originally published September 11, 2023 Picture this: It's tax season, you're staring at your revenue numbers, and suddenly you realize...

Dayna Dumont
Nov 26, 20245 min read
100
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How to Calculate CPP Contributions (For Your Business)
Originally published October 10, 2023 In business, financial responsibilities can often seem like a maze – overcomplicated, intricate,...

Dayna Dumont
Oct 30, 20243 min read
172
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What is a Cash Flow Statement?
Along with your balance sheet and P + L statement, your cash flow statement is one of your business’s 3 most important financial statement.

Dayna Dumont
Sep 25, 20243 min read
39
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How Many Shares Can A Company Have? (And How to Issue Yours with Intention)
Originally published October 10, 2021 and Updated March 31, 2022 The short answer: There’s no limit to how many shares a company can have....

Dayna Dumont
Aug 28, 20243 min read
101
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How to Avoid Over-Contribution to TFSA and RRSP Accounts
Previously published August 14, 2023. Every year, taxpayers enjoy the unique opportunities of their tax-advantaged accounts. Tax-Free...

Dayna Dumont
Jul 31, 20244 min read
48
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Why Hire A Bookkeeper: Our 5 Top Reasons
Previously published December 7, 2021 It’s time to outsource when you’ve had enough. Enough of the worry. Enough of the confusion. ...

Dayna Dumont
Jun 26, 20244 min read
48
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How to File Your T2 Incorporated Tax Return
Wouldn’t it be great if tax season was as easy as pie? Like – what if we could just float through the tax season without heart...

Dayna Dumont
May 29, 20244 min read
282
1


How to Pay Yourself From Your Corporation in Canada
Previously published November 14, 2022 So, you’ve built up your business, and now it’s finally time. It’s time to cash in your...

Dayna Dumont
Apr 21, 20247 min read
368
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Tax Write-Off Examples for Your Small Business
Are you looking to save money this year? Who isn't? Between the rising cost of groceries and gasoline, something’s got to give. One of...

Dayna Dumont
Mar 27, 20243 min read
70
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What Are Your Chances of Getting Audited by CRA?
What are your chances of getting audited by CRA? Find out who is most likely to get audited and what you can expect if you're chosen!

Dayna Dumont
Jan 31, 20244 min read
229
1


Our Top 5 Picks: Free Bookkeeping Software for Small Businesses
Every dollar and transaction matters, and every second counts in business. Keeping it all straight is the backbone of being successful....

Dayna Dumont
Nov 13, 20233 min read
24
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Stay Ahead of Cyber Threats: Small Business Cyber Security Best Practices
"The five most efficient cyber defenders are: Anticipation, Education, Detection, Reaction and Resilience. Do remember: "Cybersecurity...

Dayna Dumont
Jun 12, 20235 min read
46
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The Hidden Costs of Using Income Tax Software Instead of a Professional
One size does not fit all. It’s like the should-be-one-size hat that never fits “just right” because, in reality… one size fits one. It’s...

Dayna Dumont
Apr 10, 20236 min read
37
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The Impact of Technology on Bookkeeping & Accounting (And How it’ll Benefit Your Business)
The great Albert Einstein once said, “The measure of intelligence is the ability to change”. The manual completion of bookkeeping and...

Dayna Dumont
Mar 13, 20234 min read
34
0
![Do You Have to File a T3 Tax Return for a Deceased Person? [Part 3 of 3]](https://static.wixstatic.com/media/d5e1f2_0e5fc45200a4481b8ea828330d87ed33~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/d5e1f2_0e5fc45200a4481b8ea828330d87ed33~mv2.webp)
![Do You Have to File a T3 Tax Return for a Deceased Person? [Part 3 of 3]](https://static.wixstatic.com/media/d5e1f2_0e5fc45200a4481b8ea828330d87ed33~mv2.png/v1/fill/w_293,h_220,fp_0.50_0.50,q_95,enc_avif,quality_auto/d5e1f2_0e5fc45200a4481b8ea828330d87ed33~mv2.webp)
Do You Have to File a T3 Tax Return for a Deceased Person? [Part 3 of 3]
When a person thinks of a trust account, they often think of the negative connotation of a “trust fund baby” – a spoiled young adult...

Dayna Dumont
Oct 10, 20223 min read
123
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![What You Should Know Before Filing the Final Tax Return After Death [Part 1 of 3]](https://static.wixstatic.com/media/d5e1f2_0d2bf20c0f9b4ffaaf745c3d19cee046~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/d5e1f2_0d2bf20c0f9b4ffaaf745c3d19cee046~mv2.webp)
![What You Should Know Before Filing the Final Tax Return After Death [Part 1 of 3]](https://static.wixstatic.com/media/d5e1f2_0d2bf20c0f9b4ffaaf745c3d19cee046~mv2.png/v1/fill/w_293,h_220,fp_0.50_0.50,q_95,enc_avif,quality_auto/d5e1f2_0d2bf20c0f9b4ffaaf745c3d19cee046~mv2.webp)
What You Should Know Before Filing the Final Tax Return After Death [Part 1 of 3]
You're the lucky one – you've been chosen as the executor of your loved one's estate. It's an honour – yes, but as it's said… "with...

Dayna Dumont
Aug 8, 20223 min read
55
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How Your Tax Preparer May be Making Mistakes. And What to Do About it Right Now.
How to avoid tax preparer’s errors and a quick guide of tax preparer's most common errors.

Dayna Dumont
Jan 10, 20225 min read
29
0
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