Managing your business Archives
Search the full library
Surplus Accounts and Foreign Affiliate Tax Traps
Canadian corporations with subsidiaries in other countries (a “foreign affiliate”) could find themselves facing a nasty surprise tax bill from the Canada Revenue Agency (“CRA”) when they transfer funds back to Canada. Aside from being located outside of Canada,
Read more
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
Read more
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
Read more
CEBA Loan Repayments Due at Year-End
Business owners should be planning their CEBA loan repayment now to ensure the funds are available to meet the December 31, 2023
Read more
Five Simple Mistakes to Avoid When Collecting Unpaid Invoices
Five common errors that business owners make when attempting to recover unpaid debts from
Read more
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
Read more
