Sales tax in Canada is an ongoing challenge for many entrepreneurs! The government doesn’t make it intuitive or easy. Did you know that the government is now requiring those of us with online businesses to start charging GST for our sales?Have no fear as my claim to fame is making things like this EASY for […]
How much Sales Tax (GST/HST) do I charge for my Online Business Read More »
Identify and Stop Money Leaks in Your Business As fall progresses, it’s the perfect time to identify money leaks and plan for the upcoming business year. These small leaks might go unnoticed, but they can accumulate over time. Imagine a bucket with tiny holes—while you might not see the water dripping out, collecting it in another bucket
Stop Money Leaks: Save Hundreds of Dollars with These Simple Fixes Read More »
Wondering how to collaborate with a bookkeeper or accountant without meeting in person? You’re not alone. Many online business owners initially question how virtual bookkeeping works. In the past, tax time meant gathering piles of paperwork to hand over to your accountant. But what happens when everything is digital? How do you track digital receipts, income,
Virtual Bookkeeping: Managing Your Finances Without In-Person Meetings Read More »
Business Expenses Can Help You Reduce Your TaxesLet’s talk about everyone’s favorite topic: tax write-offs! (Okay, maybe not everyone’s favorite, but definitely something that can put money back in your pocket.) As a business owner, understanding tax deductions isn’t just about saving money—it’s about smart business strategy. While tracking expenses might not sound thrilling, think of
Tax Expense Guide: Expenses You Can Write Off For Your Online Business Read More »
Bookkeeper Vs. Accountant ~ Who Should I Choose? The answer? It depends on you and your business! Let’s break down some of the differences between the two.BookkeeperA bookkeeper is there for your day to day financial tasks. They will get your systems set up, teach you, train you, and help you be organized as you run your
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Many business owners delay hiring a bookkeeper until they find themselves overwhelmed or facing issues with government taxes, such as sales or payroll. To help you avoid these pitfalls, we’ve compiled a list of 35 ways a bookkeeper can streamline your operations and save you money. Identify Your Key Areas of Need Don’t wait until it’s too
35 Ways a Bookkeeper Can Save Your Business Money and Boost Efficiency Read More »
I thought I’d share a highlight of one of my days recently…I belong to a Facebook group of Bookkeepers and Accountants and the top post of the morning was “Funny things clients have asked you to try and add as expenses for their taxes”. It was funny to start with then as the day progressed it
Hilarious expenses people try to claim on their taxes Read More »
