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Exciting Changes at Keenans Accounting Service | Welcoming Aaron Fecht as Our New Owner

We’re thrilled to announce a significant milestone at Keenans Accounting Service! Aaron Fecht, a distinguished corporate tax specialist with over nine years of experience at Farm Business Consultants Inc., has acquired our firm. This transition marks a new chapter in our journey to empower businesses in Central Ontario with top-tier accounting expertise.   A Warm

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Year-End Tax Planning : Essential Tips for Businesses and Individuals in Central Ontario

As the vibrant colours of fall paint Central Ontario, it’s also time for businesses and individuals to focus on year-end tax planning. October is the perfect month to begin preparing your finances to minimize liabilities and maximize returns. This guide will provide you with essential tips to effectively navigate the complexities of the Canadian tax

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Mid-Year Financial Check-In: Assessing Your Business’s Financial Health in Central Ontario

As we approach the mid-year mark, it’s the perfect time for business owners in Central Ontario to conduct a thorough financial check-up. This mid-year review is crucial for assessing how your business has performed against its financial goals and making necessary adjustments for the remainder of the year. Review Your Financial Goals: Revisit the financial

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The Consequences of Missing the Canadian Tax Filing Deadline: What You Need to Know

As the tax filing deadline approaches in Canada, it’s crucial for residents of North Simcoe to understand the potential consequences of not filing on time. Navigating the complexities of Canadian tax law can be daunting, but being informed can help you avoid unnecessary penalties and stress. This article explores what can happen if you miss

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Spring Cleaning Your Finances: Embracing the New Fiscal Year Ahead

As the seasons change, it’s not just our homes that benefit from a thorough spring cleaning. Our finances, too, deserve a fresh start. For individuals and businesses in Simcoe County and the Southern Georgian Bay area, March is an ideal time to review and refresh financial strategies. It’s important to note that while many companies

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Navigating Tax Season in Ontario: The Advantages of Professional Tax Services

As tax season unfolds in Ontario, individuals and those who are self-employed or running sole proprietorships face the annual task of tax preparation. While the allure of DIY tax software is strong, the benefits of engaging with a professional tax service like Keenans Accounting Service are significant and worth considering. Navigating the Maze of Tax

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Maximizing Tax Returns for Small Businesses in Simcoe County

For small businesses in Simcoe County, navigating tax season effectively is not just a compliance requirement; it’s an opportunity to enhance financial health. This guide offers strategic insights into maximizing your tax returns, capitalizing on the unique opportunities and challenges faced by local businesses.   Understanding Tax Deductions and Credits: Business Expenses: Dive deeper into

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Understanding the Distinct Roles of Bookkeepers and Accountants in Business Finance

In the business world, the roles of bookkeepers and accountants are both distinct and complementary. This article explores their unique functions and how they collectively contribute to the financial health of a business, especially in regions like Simcoe County and the Midland/Penetanguishene areas.   Bookkeepers: The Financial Record Keepers   Primary Role: Bookkeepers meticulously record

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Getting Ready For The Holidays: An End-of-Year Bookkeeping Checklist

  The holidays are just around the corner, and as a business owner, you’re likely preparing for festivities and well-deserved time off. However, before you dive into the holiday spirit, it’s crucial to ensure that your business finances are in order. A stress-free holiday season starts with a well-organized end-of-year bookkeeping checklist.   Compile Your

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Weathering the Upcoming Winter Lull: 4 Strategies for Small Businesses

Winter in Simcoe County is a picturesque season, with its pristine snowscapes and cozy charm. However, for the small businesses in the area, it can often be accompanied by a noticeable slowdown in business activity. It’s not all doom and gloom, though, because in this blog we’ll explore four distinct strategies to keep your small