12 Costly Bookkeeping Mistakes Small Business Owners Make
We're going to talk about the 12 costly bookkeeping mistakes business owners make.
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Preparing for CEBA Loan Repayment: A Guide for Small Business Owners
As a small business owner, staying on top of your finances is crucial. For many businesses in Canada, the Canada Emergency Business Account (CEBA)...
Understanding Financial Statements: Unlocking Business Insights
Let's discuss how to understand financial statements and what they represent. Financial statements are a compilation of different reports, typically...
T4 vs. T4A: Understanding the Difference
Let's dive into the differences between a T4 and a T4A and how they relate to the underlying relationship between individuals and organizations. It's...
Smart Tax Planning: Setting Aside Money for Taxes
Let's delve into the topic of taxes and the importance of setting aside money upfront to avoid financial strain. Depending on your location and...
Maximizing Tax Credits for Your Business: Proven Strategies for Optimal Savings
Let's delve into the world of tax credits within your business and how you can fully leverage them to minimize your tax burden legally. One of the...
Maximizing Tax Savings through Income Splitting | Strategies for Lowering Your Tax Rate
One of my favourite topics is income splitting and how it can significantly lower our income tax rates as individuals. Both Canada and the United...
Maximizing Compensation: Salary vs. Dividend - Tax Savings Strategies
Let's talk about compensation opportunities for business owners within a corporation. As a business owner, you have two options: you can take a...
Strategies for Deferring Taxable Income: Maximizing Financial Growth
Let's talk about deferring taxable income and how we can approach this for you, your family, and your business. Deferring income means pushing the...
The Power of Budgeting for Small Business Success | Your Roadmap to Financial Growth
Let's talk about creating a budget for small businesses. I'm going to take a step back here and just say that if I had to give advice for the number...