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![Illustration - calendar with December 31str circled](https://www.ggfl.ca/wp-content/uploads/2023/11/december-31-immediate-expensing.jpg)
![Illustration - calendar with December 31str circled](https://www.ggfl.ca/wp-content/uploads/2023/11/december-31-immediate-expensing.jpg)
Window Closing on Immediate Expensing Tax Incentive Program
The ‘Immediate Expensing’ tax incentive program offered by the Federal Government is coming to an end on December 31st. To help ensure that you’re making the most of this incentive, it is essential to understand the concept of immediate expensing and the
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![accounting calculation](https://www.ggfl.ca/wp-content/uploads/2019/11/accounting-calculation-935271500_2123x1417-1024x684.jpeg)
![accounting calculation](https://www.ggfl.ca/wp-content/uploads/2019/11/accounting-calculation-935271500_2123x1417-1024x684.jpeg)
Business Overhead Costs: When and Where to Cut When Sales are Slowing
While talk of a recession in Canada has waned in recent months, many small and mid-sized businesses are experiencing increasingly challenging economic conditions. In its most recent report on the state of the small business economy in Canada, accounting software
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![Illustration of business man on road going up to dark clouds.](https://www.ggfl.ca/wp-content/uploads/2023/07/interest-rates-going-up-1024x683.jpg)
![Illustration of business man on road going up to dark clouds.](https://www.ggfl.ca/wp-content/uploads/2023/07/interest-rates-going-up-1024x683.jpg)
CRA Interest Rates: The Growing Cost of Late Tax Payments
UPDATE: As of January 2024, the CRA interest rates charged on late tax payments is 10%. The interest rate on prescribed rate business loans has risen to 6%. Rising interest rates aren’t just impacting mortgage rates and other loans, they are also impacting the cost
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![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
Five Simple Mistakes to Avoid When Collecting Unpaid Invoices
Five common errors that business owners make when attempting to recover unpaid debts from
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![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
![Invoice with large red PAID stamped on](https://www.ggfl.ca/wp-content/uploads/2023/04/invocie-paid-1024x681.jpg)
Webinar Recording: Collecting What’s Owed: Practical Steps to Keep The Cash Flowing
Businesses and consumers everywhere are navigating strong financial pressures in the form of inflation and high interest rates as well as uncertainty about the overall economy as there continues to be concerns that a recession is coming. Business owners may soon be
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![View of meeting room with employees wearing masks](https://www.ggfl.ca/wp-content/uploads/2021/11/back-to-the-office-1024x683.jpg)
![View of meeting room with employees wearing masks](https://www.ggfl.ca/wp-content/uploads/2021/11/back-to-the-office-1024x683.jpg)
Bringing Employees Back to the Office of the Future – Webinar Recording
COVID has changed how and where we work. Employers hoping to bring staff back to the office will need to take steps to ensure each day in the office is a positive and beneficial experience for staff, including some who may be reluctant to leave the comforts of their
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