How to Pay Yourself as a Business Owner

How Do I Pay Myself? Starting a business is a scary venture for anyone. There are risks and so many questions that arise. The most common question that comes from potential clients and in many social media groups, is “How do I pay myself, now that I am in business?”. ...

Bookkeeper vs. Accountant

Bookkeeper vs. Accountant: What’s the difference? We often get asked what the difference between a Bookkeeper and an Accountant is. As a small business owner, you need your financial data to be current and accurate so you can make good business decisions. Also,...

Bookkeeping Best Practices for eCommerce Businesses

Why is bookkeeping for an eCommerce business important? Just like with any other type, your finances are the foundation of a healthy business.  If you do not have accurate inventory numbers, or do not know what your sales are, you cannot make impactful business...

When do you need to charge GST?

When do you need to charge GST? With a huge surge in new businesses, both home-based and otherwise, we have noticed a ton of questions about business being asked to random people on social media. While the online community can be very helpful in many situations,...

Personal Taxes Due April 30th

We’re sure you know this by now, but your personal taxes are due April 30th!  For those who are self-employed, or who have a spouse/partner who is self-employed, the deadline is extended until June 15, 2021. We are still seeing people on social media asking where to...