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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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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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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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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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Summer Advice for Small Business Owners: Getting Your Bookkeeping Organized

The summer season is a busy one for business owners throughout Simcoe County, but amidst the chaos of office work and business plans it’s important to take time and organize your bookkeeping. Proper bookkeeping is an essential component of running a successful business, and not having a solid grasp on your financial records can lead

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What Every Freelancer and Sole Proprietor Should Know About Taxation in Canada

Whether you’re a sole proprietor of a business or a freelancer, there’s no denying that taxes need to be properly calculated.  Knowing the difference between being a sole proprietor and working as a freelancer can help you make informed decisions about filing your taxes. Difference Between Sole Proprietorship and Freelancing When it comes to self-employment,

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Is Your Business on Track for Success?

Sunny days and soaring temperatures are a sure indication that Summer is definitely here! More some, Summer means lazy days at the cottage and family road trips. For business owners, Summer means that the calendar year is already more than half over and most businesses are already entering their third quarter. For bookkeepers, it means

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Best Five Free Apps To Organize Your Small Business

Running your own business has never been easy. There’s endless work to be done to make sure things are running smoothly and it can often times feel overwhelming. Thankfully, the help we’re able to get from our smartphones has transformed them into tools for more than just calls and texts. They’re able to manage and