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.
Supplies Not Eligible for the GST/HST Quick Method (CRA Rules Explained)
The GST/HST quick method can simplify tax reporting, but not all supplies qualify. Learn which supplies are excluded under CRA rules and when you must remit the full amount of GST or HST.
RRSP Over-Contributions: What They Mean and the CRA Forms You’ll Need
Contributed more than your RRSP limit? Understand CRA penalties, deadlines, and the key forms—T1-OVP, T3012A, T746, RC2503—you’ll need to resolve it.
Unpacking Your Groceries: A Guide to GST/HST on Food in Canada
Ever wonder why some grocery items are taxed and others aren't? In Canada, the CRA draws a line between "basic groceries" (zero-rated) and taxable food. This post breaks it down with clear examples to help you understand what gets taxed at checkout — and why.