Walk! Don’t Run!
My fiscal year ended May 31. On June 1, I filed my Corporate Tax Return and HST. Since I use Xero for my accounting and TaxCycle for my tax returns, I was able to sync my books directly to my…
Resources
Fall 2021 Federal Economic and Fiscal Update
Enhanced Support for TeachersUnder current rules, teachers and early childhood educators may claim a 15-per-cent refundable tax credit based on an amount of up to $1,000 in expenditures made in a taxation year for eligible supplies. This is being updated…
Keeping Good Books Doesn’t Have to be Taxing
Good accounting starts with good bookkeeping, as I mentioned last week. Good tax requires both. Tax is inevitable and for many people it does not spark joy. With regular, ongoing bookkeeping, scanned receipts, and a well-documented business, your tax returns…
The Building Blocks of Your Business
Good accounting starts with good bookkeeping, and good bookkeeping starts with ensuring the transactions are accurately recorded as soon as possible. Whether it’s issuing an invoice, tracking a payment, buying a new computer, a restaurant bill, or payroll, regular and…