Tax season is here and it can be a stressful time for some. The Canada Revenue Agency (CRA) sets strict filing deadlines and expects to receive your income tax returns and payments on time. If you want to avoid late fees, you need to know when your return and any payments are due. Here is
Mark your calendars! Its that time of year when Canadians focus on tax-advantaged savings for their retirement. The deadline for Registered Retirement Savings Plan (RRSP) contributions for the 2019 tax year is March 2, 2020. But before you go running out to invest your money into RRSPs, there are a few things you should know.
With the ease of telecommuting and remote work options, many people are choosing to offer their services on a contract or freelance basis. Unlike a regular job where your taxes are deducted on each paycheque by your employer, the responsibility is now on you to track your earnings and your taxes owing. Whether you are
The holidays can be a financially stressful time but, by creating a budget and sticking to it, you can relieve some of that stress. Here are some helpful tips for budgeting for the upcoming holiday season from Keenan’s Accounting Service. Make a List & Check It Twice Start by making a list of your
The kids have been off to college for a month or so now and the house has a peaceful quiet to it … but soon financial worry may begin to set in. Where is their money being spent? Have you given them the financial tools they will need to successfully navigate through their college years?
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
Summer is right around the corner, which means beautiful weather and travel plans! Whether it’s a day trip to the city, a weekend excursion to a cozy bed and breakfast or a weeklong getaway to a far off country, you certainly deserve that breather. Though, as a small business owner, it can sometimes feel like
Starting up a small business can be a daunting task in and of itself. Once you finally have the ball rolling, you’re all set up and ready to go, the biggest hurdle remains. How do you grow your business? Networking is a powerful tool, and it’s something you have control over. Continuously networking, no
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
As a small business owner, chances are you’ve already considered whether or not to incorporate your growing business. With a great number of advantages to doing so, this may seem the smartest decision for your business. As with anything, there could be some disadvantages, too. So how do you know if it’s time to incorporate
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