running-a-growing-business Archives
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2023 Federal Budget Highlights & Commentary
On March 28, 2023, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2023 to the House of Commons. Below we have summarized the key provisions of the budget. Click here to read our full analysis and commentary –
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DOs and DON’Ts of Claiming Car Expenses for Business Owners
Vehicle expenses. It is one simple line on a tax return, but it can cause all sorts of problems if CRA decides to take a closer look.
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Simplify Tax Season Through Your CRA My Business Account
As we approach tax season, there is one simple, but important step business owners can take to help make their filing and on-going interactions with CRA easier and more efficient. With just a few steps, you can authorize GGFL to speak with CRA on your behalf and
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Electric Vehicle Rebates for Consumers & Businesses Explained
With the high price of gasoline, the COP26 UN Climate Change Conference, and the recent natural disasters in BC fresh in everyone’s mind, many consumers may be considering purchasing an electric vehicle (EV). Buyers may be eligible for an incentive rebate off the
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Changes Coming: Compilation Engagement Reports Replacing Notice to Reader
Businesses and lenders accustomed to requesting or reviewing Notice to Reader financial statements will want to take note of an important change coming into effect later this year. Starting for periods ending on or after December 14, 2021, Notice to Reader engagements
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Spotlight on the New Ontario Business Registry Portal
The Ontario government has recently launched an online Ontario Business Registry (“OBR”) portal for businesses and not-for-profits registered, incorporated, or licensed to carry on business in Ontario. There are over 90 different online services available through
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