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Is It Time To Incorporate Your Small Business?

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

Income Tax
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Changes to Canadian Income Tax and Benefits Returns in 2019

Each tax year brings new changes, benefits, limits and so much more. Everyone is affected, from personal returns to small business accounts, low-income families to pensioners. More than ever, you may need someone to help you navigate the ins and outs of your 2018 income tax year return. Keenans Accounting Service is always on top

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How to Reduce Your Tax Bill

When it comes to a Registered Retirement Savings Plan (RRSP), a small amount of effort can equal big rewards! Michelle McNeilly, the owner of Keenans Accounting Service, likes to take tax planning one step further and makes it a personal challenge … kind of like her own version of The Price is Right! Just like

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6 Great Practices to Get Organized and Start the New Year Off Right

It’s already mid-December and for many small business owners, these last few weeks of the year often end up being a last minute scramble to find lost receipts, track and make any year-end contributions, and tally up business expenses — among many other things. Getting organized in your home or office is all about developing

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Finish The Year With a Strong Fourth Quarter

It’s hard to believe that we are just weeks away from 2019!  If your business’ fiscal year matches the calendar year, this means that your Fourth Quarter is almost over. This is a great time to review the year that has passed and make plans for the new one.   REFLECT The end of the

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Job Hunting? 1 + 1 = You

Job Hunting? 1 + 1 = You As a growing local business, Keenans Accounting Service can always use an extra pair of hands. We’re currently searching for the ideal member to join our small but mighty team of bookkeepers. Before you start polishing your resume and telling us why we should hire you, let us

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Ready to Retire from My Bookkeeping Business

Ready to Retire from My Bookkeeping Business You’ve poured your heart and soul into your bookkeeping business. Your clients love you. You’ve sacrificed so much over the years to ensure your success. Now you’re ready to wind down. Welcome to your exit plan. While there are many facets of succession when you’re ready to retire,

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Back to School Savings

Back to School Savings The first day of school can be both exciting and terrifying for students and parents alike. For students, there’s nothing like the smell of opening a fresh box of crayons and the feeling of wearing your new school shoes for the very first time while nervously wondering who your new teacher

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Summer Activities That Can Be Used as Business Expenses

  Summer Activities That Can Be Used as Business Expenses     As business owners and entrepreneurs we are all familiar with the common expenses that can be written off, but have you taken the time to consider that some of your summer activities could also be used? As always, any “entertainment” expenses must follow

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TIPS FOR KIDS TO EARN MONEY OVER THE SUMMER

TIPS FOR KIDS TO EARN MONEY OVER THE SUMMER Do you have a preteen who isn’t quite old enough to get a summer job but still wants to earn some extra money? If so, we have come up with some suggestions that may help them achieve their goal and start teaching them about the responsibility