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Stay updated with the latest financial trends, tax updates, and business strategies by following our blog. Read and learn about relevant insights to help you navigate the complexities of the financial world.

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This is our blog archive

06
Aug

Top 10 Audit Triggers and how to mitigate them

Just done preparing meals for my family. Now, it’s time for me to complete my blog. Just done preparing meals for my family. Now, it’s time for me to complete my blog. A new client came to my office the other day handing out a crisp brown envelope from Canada Revenue Agency (CRA). In that […]
06
Aug

“Surround yourself with ASSETS not liabilities”

As an Accountant and small business owner myself, I can’t stress enough the importance of our professional expertise on the day to day operation of the business. Back in the day, people/small business owners will only remember their accountant, when its tax time or they have a huge influx of money and looking for a […]
06
Aug

Do I need to register with the WSIB?

Registering with the WSIB provides workplace insurance coverage for all of your workers and gives you access to experts in health and safety for your business sector. One of the questions by Startup owners- Do I need to register with the WSIB? The Workplace Safety and Insurance Board ( WSIB) oversees Ontario’s workplace safety education […]
06
Aug

Employee or Self-Employed worker?

As a Start-up Employer, it is critical to know the importance of knowing the implication of incorrect classification of your workers. Happy Sunday everyone! Yesterday was my Dad’s 69th Birthday. We had a special gathering with most of the visitors coming from trade work fields. This blog is in response to their question “How are […]
06
Aug

Strong internal control=less FRAUD

“The word ACCOUNTING comes from the word ACCOUNTABILITY. If you are going to be rich, you need to be accountable for your money” -Robert Kiyosaki As a small business accountant and entrepreneur myself, It is common for us to witness different struggles by small business owners in dealing with their financial management needs. From messy […]
06
Aug

Tax Free to gift to your children

Lend your children money in advance to pay for their tuition fee and other living expenses – let your children invest their own earnings 2 more years and Nadz (my daughter) will be stepping in her university years. Not sure if we are already mentally and financially ready to let her go on her own. […]
06
Aug

NO PAIN=NO GAIN

Leads are like growing seeds. Not all seeds will grow, and not all grown fruit bearing seeds will turn into plants. Not all plants will bear fruits. Leads are like growing seeds. Not all seeds will grow, and not all grown fruit bearing seeds will turn into plants. Not all plants will bear fruits. Same […]
08
Jul

Common Mistakes Small Businesses Make That Can Cost Extra Tax And Penalties Unnecessarily

In this day and age, starting a business of your own is not uncommon, especially with a lot of avenues for small companies, with benefits and programs to help stand on their own feet. When starting out, being understaffed and overworked is the norm and usually means running from one deadline to another, and very often […]
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