Accounting Blog

What’s Coming Up For The Canadian 2018 Tax Filing Year

There are several new changes to the 2018 tax filing year that can impact your tax return. Here are some of the important changes you should be aware of: Reproductive Expense Tax Credit for Medical Expenses This tax credit can provide relief for those who have paid...

Bookkeeping Tips to Help Avoid Last-Minute Stress

The tax season is usually a stressful period for many people especially the small business owners. Many of them will not have done their bookkeeping all year long and will be scrambling to find their receipts and expenses to account for everything done for the past...

Maintain Good Record with Bookkeeping Services

Bookkeeping is a crucial type of service for any business, if they are serious about managing their day-to-day records. These records that are maintained on a daily basis are very important, because they are going to help you at the end of the year when you are...

Selecting the Right Bookkeeping Service

Everyday bookkeeping is done in every business, and it has to be done precisely as well as on-time. It is because of this required precision that one should get a knowledgeable professional to do their Ottawa bookkeeping. If you are looking to select a company to do...

The List of Tax Modifications Compiled by the CRA

For those interested, the Canada Revenue Agency (CRA) released the list of service credits, and individual amounts that have been modified for the tax-filing season. CRA stated that for the 2015 tax year any Canadians requesting a Disability Tax Credit (DTC) will not...

Getting a Professional Accountant for Your Business

There are a lot of individuals out there that supposedly have the best accounting services you could ever find. Of course, it should be understood that not every expert offers the same services. Since every dollar you earn through your Ottawa business is important and...

What is the difference between Accountants and Tax Preparers?

To begin with, it does not take a certified accountant to prepare taxes correctly and sufficiently. In addition, not all accountants obligate themselves to this sort of task, however, they can if they choose. In either scenario, the individual must learn, and study...

Reasons Outsourced Bookkeeping Works for Business Growth

As a small to medium sized business here in Ottawa, there is one department that takes a lot of energy and focus that can generally cause other areas to falter from a lack of direct attention. The area or department targeted here is accounting or rather bookkeeping....

How Outsourcing Your Accounting Can Enhance Your Business

It seems it was not that long ago when  Ottawa businesses began outsourcing certain departments to save costs and improve their profitability. There was a big surge in the past and it kind of leveled out throughout the past few years as it has become more common as a...

Reasons for using a Corporate Tax Consultant for the Self-Employed

Whether running your Ottawa business as an LLC, Sole Proprietorship, a Partnership, or as a Corporation, there are aspects of taxation that may elude those who are uninitiated to dealing with this part of business operations. Taxation is applied to every form of...