Accounting

Legitimate (deductible) Business Expenses

What is a Business Expense? One of the most commonly asked questions by our clients is “what sort of things can I legitimately deduct as business expenses?”   The Canada Revenue Agency gives a very straightforward answer: Any reasonable current expense (cost) you paid or will have to pay to earn business income (revenue).   That […]

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Cloud Software has Many Advantages

Why online accounting software will be better for your company…   Here is a short list of just some of the benefits a business can discover through moving its books to the cloud:   User Friendliness Online accounting software has become increasingly easy to learn and use in day-to-day business operations. Once your account is […]

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Tax Tip Regarding Business Investment Losses…

Allowable Business Investment Loss     As a tax accountant, I get to enjoy conversations with people in which they’ll be completely honest with me. About money, at least… This makes me feel valued and honored – and that is itself one of the reasons I’ve always loved my job. The fact that I get […]

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