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Envolta Blog
Useful accounting insights including tips and tricks to help your business grow.
T777S Form: The Simplified Method to Claim Employment Expenses
The coronavirus pandemic has upended the way businesses and employees work. Where there used to be a clear line...
New Motor Tax Deduction Limits in 2022 & How to Write off Car Expenses in Canada
If you’re interested in writing off your car expenses as an employer or business owner in Canada, it’s important to...
Canada Digital Services Tax: A Sales Tax Rule for the Digital Economy
If you run a business selling digital goods and services to consumers or entities in Canada, then it may be difficult...
Clio Payments: Advanced Legal Billing Software for Law Firms
At Envolta, we’re passionate about leveraging technology to make your life easier and your business stronger. So, if...
Accounting and Financial Planning for Law Firms
Transactions have a stronger impact when they are communicated at regular intervals to all facets of the company. Just...
New Covid-19 Wage Subsidy Canada: The CEWS & CERS Replacement
As you probably know, the Canadian government swooped into action with a pair of major economic subsidies in 2020:...
Corporate Tax Preparation for 2021
It’s no secret that tax preparation can be a pain point and neglected responsibility for most businesses. The nuances...
Bookkeeping 101 – What is Bookkeeping – Definition & Basics
What is bookkeeping In Today’s Economy? Bookkeeping is the recording, on a day-today basis of the financial transactions and information pertaining to a business. It is concerned with ensuring that records of those individual financial transactions are accurate, up-to-date and comprehensive. Accuracy is therefore vital to the process. Common financial transactions and tasks that are […]
Capital Gains Tax Canada – What is It and How to Manage Capital Gains
The capital gains tax in Canada proves once again that there’s just no escaping taxes. The old adage is right: paying...
2020 Tax Brackets in Canada – How Tax Brackets Work
Tax time and tax brackets in Canada – everyone’s favorite time of year and favorite topic, when we find out how much...
What Is Cloud Accounting?
Cloud accounting is an increasingly popular solution to many of the hassles of traditional software. As a growing...
What You Should Know About The Canadian Corporate Tax Rate
Canada has been making some major reforms to its corporate tax laws over the last couple of decades, making it an...
Is Your Business Being Audited?
Getting a notice from the CRA that your business is being audited can be stressful. But you shouldn’t panic. There are...
10 Strategies For Building Wealth During The COVID-19 Pandemic
The middle of a pandemic might not seem like the most opportune time to think about building wealth. Most business...
Envolta – Corporate Financial Accounting In Canada
No matter how big or small your business, the need for a variety of different accounting practices and reports. You...
New Updates for CEBA! More Funds for Your Business
The Government of Canada launched CEBA to ensure that small businesses have access to the capital they need to...
SERIES: COVID-19 Business Pivots – Yogatown Case Study
Many businesses have had to make pivots in their business model due to COVID-19, in this series we explore different...
SERIES: COVID-19 Business Pivots – Luxe Bistro Case Study
In the upcoming weeks we will be featuring some of our clients who have pivoted their businesses during COVID-19. We...
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