Invisible Assets: Recognizing and Valuing Intellectual Property in Financial Statements I’ve got an idea. Before we jump into evaluating your IP, let’s start with your supply closet. What’s in there? Paper? Pens? Maybe some dusty old out-of-date toner cartridges? Now look at your balance sheet. You’ll see all that stuff listed with a value attached. […]
Navigating the Gig Economy: Accounting Solutions for Freelancers and Contractors Freelancers and independent contractors keep growing in number. Maybe you’ve noticed that or even know someone with a ‘side hustle.’ I know many. Freelancers now make up a big part of today’s workforce. Many of them work solo. That usually means they also oversee their […]
Making Sense of Mergers: Accountants as the Guiding Force in Corporate Consolidations Mergers sound big. And they are. Two companies come together to try and become one stronger business. But here’s what most people don’t see—behind every single deal, accountants are doing the heavy lifting. They’re the ones making sure it all adds up in […]
Navigating Multi-Provincial Taxes: What I Wish My Clients Knew Expanding your business into another province usually feels like an immediate win. More customers, more growth, and more profit. But then comes the tax side of success—where each province seems to play by its own rulebook. I’ve seen business owners learn this the hard way, and […]
The SMB Owner’s Survival Guide to Avoiding Tax Penalties Welcome, brave entrepreneur! You’re on a jungle trek journey few take — starting and operating a small or mid-sized business in Canada. Sometimes the environment is calm— even welcoming, but beware! Lurking in the shadows are some CRA fearsome foes: late fees, interest charges, and, worst […]
The GST/HST Survival Guide in Six Acts I had to make a choice recently. Write this blog or go out to a play I wanted to see. I struggled mightily with choosing between a bit of after-hours writing effort or going to enjoy an evening taking in the thespians. Eventually good work ethics won out, […]
CRA Tax Debt: A Short Simple Guide to Winning Ok— you’ve received a notice from the Canada Revenue Agency (CRA) with a balance owing that looks more like a line of computer code than a reasonable sum of money. Don’t panic or make any sudden moves. Sit down, clear your desk of distractions, and let’s […]
Navigating Today’s Payroll Challenges: A Quick Guide for Small Business Owners Of all the important responsibilities in business, paying your employes in a timely and correct manner is close to the very top of the list – if not the top. Without happy employees, you don’t have much of a business future. So, it’s important […]
An Accountant’s Role In A Greener Future 7:00 AM: A Morning Routine With Purpose Emma wakes up early, as she always does, but today feels different. As a certified accountant she’s been focused on sustainability for years, but today she will be presenting an environmental impact report to a major client group. After a cup […]
Ethics in Accounting: Balancing Profit and Integrity—An Open Letter to Future Accountants Dear Future Accountant, You are about to step into a world where numbers speak louder than words, but I want to talk to you about the subtle silences between those numbers—the ethical dilemmas that financial report reading will not prepare you for. Let […]
