At some point in their evolution every small business owner realizes their company has grown to the point where bookkeeping assistance is needed. At that point the tendency is often to search online for bookkeepers in your geographic area and hire the first freelancer...
To Incorporate or not to Incorporate? That is the question. For most small businesses, the question of if and when the company should be incorporated is one that should be considered at regular intervals. Many entrepreneurs launch their small businesses initially as...
At this time of the year, many of the inquiries I get are from business owners under a tough time crunch. Their business year end is December 31st, so their tax returns are due March 31st if incorporated, or April 30th if a sole proprietor. So typically, in the...
This is another bookkeeping and accounting question that we’d like to use this blog to address. The simple answer is no. The government has decided to allow “point of sale” rebates on certain products or services. What this means, is that on some items you can provide...
It’s that time of year again, fellow Canucks! From an article at About.com’s Small Business Canada section, written by Susan Ward: GST/HST for the reporting period July 1st to September 30th is due October 31st. Remember that if you are a GST/HST registrant, you must...
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