Insights & Advice for Business Owners
Welcome to my Blog — your go-to resource for small business financial insights across.
Whether you're a startup navigating cash flow or an established company looking to streamline your accounting, tax preparation & bookkeeping processes, you'll find valuable content designed to support your success.
As a CPA and QuickBooks Pro Advisor, I’m here to break down complex topics into clear, actionable advice tailored for entrepreneurs.
Bookmark this page and check back weekly for fresh content on accounting, taxation, bookkeeping, financial management, software integration, and more.
“I Don’t Need to Report Side Hustle Income Under $30K” — That’s Not True
Even if your side hustle earns under $30K, you must report all income to the CRA. Learn the difference between income tax and GST/HST obligations.
The CRA Has My Tax Slips—So I Don’t Need to Do Anything?
The CRA auto-fills some tax slips, but slip-matching isn't enough. Learn what’s missing, common errors, and how to ensure your return is accurate.
Waiting to Pay Your Tax Bill? Why the CRA Wants Your Money Sooner
Owing more than $3,000 in net tax? CRA requires quarterly installment payments. Learn the rules, interest charges, and how to avoid costly penalties.
The Truth About Tax Brackets: No, Earning More Doesn’t Mean You Pay More on Everything
Think a raise will cost you money? Canada’s tax brackets don’t work that way. Learn the difference between marginal and average tax rates with real-world income examples.
What to Expect If You Miss a CRA Payroll Remittance Deadline
Missing a payroll tax deadline can lead to hefty CRA penalties and daily interest. Learn what happens, how to avoid it, and why proactive payroll support matters.