a woman looks at her mileage app while exiting her car

How to keep a CRA mileage log for vehicle expenses

If you’re self-employed and using your vehicle for business use, are you keeping a mileage log? If you’re audited by the Canada Revenue Agency (CRA), and you don’t have one, the CRA could reject your claims for motor vehicle expenses. Avoid CRA scrutiny with our tips and tricks on keeping a mileage log.

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Year-end tax planning for farmers

When you’re busy with the harvest, or preparing for the upcoming season, taxes are probably the last thing on your mind. But there are year-end tax planning strategies you can use now to help reduce your tax bill.

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Our favourite small business podcast episodes from July 2019

We list our favourite podcasts from the month that offer inspiration, advice and interesting information for small businesses.

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a hand writing the word TAX on a piece of paper

What you need to know about your Notice of Assessment

After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

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Choosing the right business structure

Choosing the right structure for your business can have implications on taxation, liability, and succession planning.

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Can you get the Canada Child Benefit if you’re self-employed?

The Canada Child Benefit is a tax-free monthly payment for those with children under the age of 18.

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3 Things You Need to Know About Taxes and the Sharing Economy

There are lots of ways Canadians are taking advantage of the sharing economy, maybe without even knowing it.

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BC Wildfire Recovery Programs Available for Farmers, Small Business Owners and Families

To assist families and businesses in recovering from the damages caused by emergencies both this year and in future years, the Province is developing a recovery plan and working to deliver support as and where they are needed.

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What to Expect from Accounting Professionals Regarding Your Family Business Taxes

Accounting professionals can help family run businesses in Canada manage their business accounts, minimize taxes, maximize profits, and save money.

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Converting Regular Income to Capital Gains

Government not moving forward with small business tax measures relating to the conversion of income into capital gains.

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"Let no feeling of discouragement prey upon you, and in the end you are sure to succeed." — Abraham Lincoln