To Convert or Not Convert…

It is not uncommon for us to run into businesses who are running on very old, outdated accounting software.  While it is possible for you to go many years without updating your accounting software (depending on your needs), there comes a point in time when the software becomes so outdated […] Read more »

Payroll Best Practices

A struggle that a lot of small businesses have is deciding whether or not to pay for automating their payroll through an accounting software like Sage 50, Quickbooks, a payroll service provider or to do their payroll the manual way using the free CRA online payroll calculator. I believe the […] Read more »

Back to Routine…

As I sit here at my desk on Labour Day I just can’t believe how fast the summer has gone. The kids are enjoying their last day of summer, new backpacks and shoes are on the kitchen table for the first day of school tomorrow, and my desk (and mind) […] Read more »

Spring Cleaning

Spring is FINALLY here and if you are anything like me you have a tonne of spring cleaning to do. As you work in your garden, put away the winter clothes and dust out those cupboards take a moment to reflect on your business and decide what needs to be […] Read more »

WSIB, EHT And Many More…

As of January 1, 2014 the EHT exemption increased from $400,000 to $450,000. This will save eligible employers up to $975 every year1. The WSIB sets an annual maximum for insurable earnings. For 2013, the annual maximum was $83,200 for 2014, the annual maximum is $84,1002. These are just two […] Read more »

The End of The Cheque?

Have you seen the notice in your correspondence from The Government of Canada that they will be phasing out payments by cheque by April 2016? You will be required to sign up for direct deposit to have your refund deposited directly to your bank account, for both personal and business. […] Read more »