Erika Dowell Erika Dowell

Ask a Bookkeeper: Why You Would Incorporate Part 1

The most important factor to consider is whether incorporating your business will provide you with the most tax and legal benefits for your situation.

Generally, incorporating a business can provide certain legal protections and tax advantages such as limited personal liability, greater access to capital, etc.

Read More
Erika Dowell Erika Dowell

Best Tax Reduction Practices For Businesses

It can often feel like your business is paying a lot of money in taxes, that’s why it’s your responsibility to learn what you can do to reduce them when possible. As a business owner, you want to do what you can to help your business thrive, even during tax season. So, here are some of the best tax reduction practices you can learn for your business.

Read More
Erika Dowell Erika Dowell

Guide to GST and HST for Businesses

When it comes to running a business and doing its taxes, there is a lot to figure out. - What’s the difference between GST and HST? - When do you start charging GST/HST? - What do you do with the GST/HST that you’ve collected?

Read on for answers to all these questions! The blog is here to guide you through GST and HST for businesses.

Read More