News &
Updates

How to Calculate CPP Contributions (For Your Business)

Dayna Dumont

Oct 303 min read

How to Calculate CPP Contributions (For Your Business)

Originally published October 10, 2023 In business, financial responsibilities can often seem like a maze – overcomplicated, intricate,...

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Dayna Dumont

Sep 243 min read

What is a Cash Flow Statement?

Along with your balance sheet and P + L statement, your cash flow statement is one of your business’s 3 most important financial statement.

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How Many Shares Can A Company Have? (And How to Issue Yours with Intention)

Dayna Dumont

Aug 273 min read

How Many Shares Can A Company Have? (And How to Issue Yours with Intention)

Originally published October 10, 2021 and Updated March 31, 2022 The short answer: There’s no limit to how many shares a company can have....

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Why Hire A Bookkeeper: Our 5 Top Reasons

Dayna Dumont

Jun 254 min read

Why Hire A Bookkeeper: Our 5 Top Reasons

Previously published December 7, 2021 It’s time to outsource when you’ve had enough. Enough of the worry. Enough of the confusion. ...

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How to File Your T2 Incorporated Tax Return

Dayna Dumont

May 294 min read

How to File Your T2 Incorporated Tax Return

Wouldn’t it be great if tax season was as easy as pie? Like – what if we could just float through the tax season without heart...

145 views1 comment

The Best Tax Prep Checklist for Small Business in Canada

Dayna Dumont

Feb 287 min read

The Best Tax Prep Checklist for Small Business in Canada

Make sure to keep up with your bookkeeping tasks on a weekly, monthly, and quarterly basis so that you can avoid the usual stress of tax pre

104 views1 comment

What Are Your Chances of Getting Audited by CRA?

Dayna Dumont

Jan 314 min read

What Are Your Chances of Getting Audited by CRA?

What are your chances of getting audited by CRA? Find out who is most likely to get audited and what you can expect if you're chosen!

160 views1 comment

Our Top 5 Picks: Free Bookkeeping Software for Small Businesses

Dayna Dumont

Nov 13, 20233 min read

Our Top 5 Picks: Free Bookkeeping Software for Small Businesses

Every dollar and transaction matters, and every second counts in business. Keeping it all straight is the backbone of being successful....

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Driving Business Success: 10 Ways to Lower Operational Costs

Dayna Dumont

Jul 10, 20234 min read

Driving Business Success: 10 Ways to Lower Operational Costs

What if you could put yourself ahead of your competition because you took the time to lower your operational costs? In these...

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The Impact of Technology on Bookkeeping & Accounting (And How it’ll Benefit Your Business)

Dayna Dumont

Mar 13, 20234 min read

The Impact of Technology on Bookkeeping & Accounting (And How it’ll Benefit Your Business)

The great Albert Einstein once said, “The measure of intelligence is the ability to change”. The manual completion of bookkeeping and...

34 views0 comments

Dayna Dumont

Feb 14, 20224 min read

What Everybody Ought To Know About CERB

CERB and other similar benefits were announced in response to the pandemic shortly after stay-at-home orders were in effect.

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How Your Tax Preparer May be Making Mistakes. And What to Do About it Right Now.

Dayna Dumont

Jan 10, 20225 min read

How Your Tax Preparer May be Making Mistakes. And What to Do About it Right Now.

How to avoid tax preparer’s errors and a quick guide of tax preparer's most common errors.

28 views0 comments

Work To Live in a Post-Pandemic Workplace

Dayna Dumont

Dec 14, 20213 min read

Work To Live in a Post-Pandemic Workplace

A post-pandemic workplace is where employees can work remotely, build on a newfound skill, and where supply is valued.

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Register your Ontario Corporation Even if You’re Not a Lawyer.

Dayna Dumont

Sep 12, 20213 min read

We’ll go over the types of corporations, the cost of incorporation, and what you should decide before going further with the registration.

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Sole Proprietorship v. Corporation – Which is Best for Your Business?

Dayna Dumont

Aug 8, 20215 min read

Sole Proprietorship v. Corporation – Which is Best for Your Business?

There are many advantages to incorporating your business. Let's determine what’s best for you and your business.

34 views0 comments

Want to Make Decisions Using your P&L Statement? Here’s a Start.

Dayna Dumont

May 9, 20214 min read

Want to Make Decisions Using your P&L Statement? Here’s a Start.

Knowing how to read your P&L statement can significantly increase your business’s success over the long term.

10 views0 comments

Know your Balance Sheet Even If You’re Not a Bookkeeper

Dayna Dumont

Apr 11, 20213 min read

Know your Balance Sheet Even If You’re Not a Bookkeeper

Knowing how to read your financial statements is crucial to understanding where your business stands.

11 views0 comments

Bookkeeper v. Accountant – What’s the Difference?

Dayna Dumont

Mar 8, 20213 min read

Bookkeeper v. Accountant – What’s the Difference?

Understanding the difference between a Bookkeeper and an Accountant.

19 views0 comments

How to Avoid Stress for the 2021 Tax Season: A Monthly and Quarterly Bookkeeping Tasks Checklist

Dayna Dumont

Jan 11, 20216 min read

How to Avoid Stress for the 2021 Tax Season: A Monthly and Quarterly Bookkeeping Tasks Checklist

This post will help you avoid stress and confusion by providing you with a monthly and quarterly bookkeeping tasks checklist.

19 views0 comments

How to Avoid a Business Finance Headache (a Weekly Bookkeeping Checklist for Your Small Business)

Dayna Dumont

Dec 14, 20207 min read

How to Avoid a Business Finance Headache (a Weekly Bookkeeping Checklist for Your Small Business)

Accounting and bookkeeping will usually appear in similar contexts, but they play their respective roles in managing business finances.

28 views0 comments

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