Is Filing Small Business Tax Returns Late the End of the World?
Filing small business tax returns late can feel like a total disaster. Here’s what happens if you’re swept up and it happens to you.
What Happens If You Are Audited by the CRA – Your Rights and Responsibilities
What happens if you are audited by the CRA? Will you be blindfolded and put in a small room with a bright light? Will the Men In Black cart you away in handcuffs?
BREAKING NEWS: CRA Auditors Not Stupid, Have Figured Out “Cash Payments” Gambit
Put your clients on notice! Canadian Revenue Agency Auditors are upping their game. As of last year, the feds…
Accounting MYTH No. 6
MYTH No. 6 I can do my own bookkeeping! So you can add and subtract… Seriously? Just because someone…
Accounting MYTH No. 5
MYTH No. 5 We replaced our bookkeeper with QuickBooks. Why don’t they have both?? There’s lots to love about…
Accounting MYTH No. 4
MYTH No. 4 Breaking up with my accountant. We all know that Accounting (and bookkeeping) are necessary expenses for a…
Accounting MYTH No. 3
MYTH No. 3 Messy books are okay if the business is headed in the right direction. Correct? The captain of…
Accounting MYTH No. 2
MYTH No. 2 Anyone can balance the books. Can’t you just juggle the numbers? Yes. But the trick is…
Accounting MYTH No. 1
MYTH No. 1 Accountants like shoe boxes. Beware of clients carrying shoeboxes! Shoe boxes with scraps of paper from…
