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Want a Stable Business During a Recession? Start With Your Books
Remember the sinking feeling when economic headlines started predicting a downturn? That knot in your stomach wondering if your business could weather the storm? You're not the only one feeling anxious. Every Ontario business owner wants to know the secret to maintaining a stable business during a recession . Some panic, some freeze, and some take action. The difference between businesses that thrive during tough times and those that barely survive often comes down to one thi

Dayna Dumont
Oct 295 min read


The Hidden Truth About the Impact of AI and Automation on Bookkeeping
Remember when keeping track of your finances meant sitting at the kitchen table with a shoebox full of receipts and a calculator? Those...

Dayna Dumont
Sep 234 min read


How to File Your T2 Incorporated Tax Return in 2025 Step-by-Step Guide
Originally published: May 29, 2024 Remember last year's mad scramble to gather receipts, decipher confusing forms, and desperately...

Dayna Dumont
Apr 305 min read


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 254 min read


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


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


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


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 24, 20243 min read


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 27, 20243 min read


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 25, 20244 min read


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


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


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


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


Sole Proprietorship v. Corporation – Which is Best for Your Business?
There are many advantages to incorporating your business. Let's determine what’s best for you and your business.

Dayna Dumont
Aug 8, 20215 min read


Want to Make Decisions Using your P&L Statement? Here’s a Start.
Knowing how to read your P&L statement can significantly increase your business’s success over the long term.

Dayna Dumont
May 9, 20214 min read


Top 10 Pain Points and Why You Need a Good Bookkeeper
The pain points many business owners experience while owning a business and how a good bookkeeper can help.

Dayna Dumont
May 3, 20202 min read


Frequently Asked Bookkeeping Questions
The most frequently asked questions business owners have about bookkeeping services.

Dayna Dumont
Mar 9, 20202 min read
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