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Self-Employed in Ontario? Your Tax Deadline Is Closer Than You Think

If you’re self-employed in Ontario, don’t let the warmer weather and May long weekend distract you. Your tax filing deadline is just around the corner. While most Canadians must file their taxes by April 30, self-employed individuals (and their spouses or common-law partners) have until June 15 to submit their return. But there’s a catch.

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Why Choose a Local Accounting Firm Over American-Owned Chains This Tax Season

This tax season, many face critical decisions regarding how to manage their tax preparations. Choosing a local accounting firm over large, American-owned chains offers several distinct advantages that can significantly benefit both your financial health and your community. Here’s a deeper look at why a local firm might be your best choice:   Personalized Service

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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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Back to Business: Streamlining Your Operations for Fall

As the leaves begin to change in Central Ontario, businesses are gearing up for the final push of the year. September marks a perfect time to streamline operations, ensuring that your business not only finishes the year strong but also lays a solid groundwork for the next. Whether you’re dusting off the summer slowdown or

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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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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