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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? 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,...

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...

For many Canadians, 2020 was a year full of changes we won’t soon forget. One of the most common changes most of us experienced was the sudden shift to working from home, driven primarily by the lockdown measures in response to COVID-19. Suddenly, millions of us began...

We hope you got some well-deserved rest and are prepared for our favourite time of year— tax time! One date you NEED to remember if you have staff is the LAST DAY OF FEBRUARY!  You are required to provide your employee with their T4 slip and file your T4 information...

Top Tips to Prepare for Year-end! It’s that fantastically busy time of year for bookkeepers and business owners! With many businesses’ year-end date being the 31st of December, this means bookkeepers are already quite busy.  Your T-Slips are due January 28th and...