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September 14, 2017

The world of small business bookkeeping and accounting can get a little confusing and overwhelming. When crediting an asset actually decreases its value, but to decrease the value of a liability you have to apply a debit, it’s easy to get lost and make mistakes that co...

If you’re approaching the deadline for filing your year-end, you might be wondering how much of your vehicle expenses you can write off against the revenue generated in your business. Some answers are pretty clear cut – the cost of service or delivery vehicles can be e...

October 7, 2016

If you’re a small business owner, you probably dread when your HST return form arrives in the mail from the Canada Revenue Agency. How do you file your HST remittance? What options are there for paying? How do you know if you owe HST or if you’re due for a refund? In t...

This post continues our six-part series about starting a new business in Ontario.  In the previous posts, we have described the different types of business structure and the advantages and disadvantages of setting up an unincorporated sole proprietorship and partnershi...