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.
Busting Common GST/HST Myths: Don't Get Caught Off Guard by Canadian Tax Rules!
Many business owners misunderstand GST/HST rules, leading to penalties. This post debunks key myths about provincial sales tax exemptions and explains the new 2024 electronic filing requirement, helping you stay compliant with CRA regulations.
How Long Should You Keep Tax Records in Canada?
Wondering how long to keep your tax documents in Canada? The CRA requires you to keep records for at least 6 years—but special cases like property sales, objections, or late filings can extend that. Here's what you need to know.