What can you claim as a home office deduction when you are self-employed? Top four things here - Use of home, equipment and furniture, utilities, office supplies

"Why is that income on the P&L when I haven't been paid for it?" - FAQ

The entrepreneurial path is not usually a straightforward one. It’s covered with roadblocks, obstacles and sharp turns requiring quick reflexes.

If you’re earning less than $30,000 from worldwide sales as a Canadian small business owner, you don’t need to register for GST/HST. But what should or shouldn’t you do in the meantime? We discuss it here and lay it out in an easy to understand format.

Make managing gift card to employees easier and audit-ready. Here’s what to do if you decide to give gift cards or what you can (should) do instead.

Sometimes the terms Platform, Gig, and Underground Economies are used interchangeably. But what exactly do they mean? In simple terms…

Recently, we made the choice to be a Xero-only firm. Previously, we used both QBO (aka QuickBooks Online) or Xero, combined with Hubdoc. So, what is the reason and logic behind making this change?

Although the process will differ depending on the type of business you want to start, some steps of starting a new business in Canada remain fundamentally the same. We created this resource for Canadian Businesses and entrepreneurs who are looking for guidance through the startup phase of business.

In order to attract employees in 2022, Canadian companies need to evaluate what is important to people today. With health & safety at the forefront of employee concerns, being able to afford their lives with the current rates of inflation in Canada - workers want to know that their work environment is safe, flexible, and that they’ll be paid fairly for their work, accounting for their level of risk of infection.

One of the best benefits of being a self-employed Canadian, or Business Owner, is the tax-saving benefits! Read here for a detailed list of 21 eligible business deduction categories in Canada along with some tips on how to automate and simplify your life when it comes to your bookkeeping!

Business Owner Burnout: how to recognize the signs, and what you can do about it. Here we share three practical strategies that will help you tackle the burnout that can happen to any business owner.

A question that I get asked often by business owners who are hiring their first employee is: how does vacation pay work? Does it get paid out? Do I have to do it? Short answer is yes, all Canadian employers are required to pay at least two weeks of vacation for “every completed year of employment,” CRA. What’s a completed year? It’s twelve consecutive months from the start date of employment. If you hire someone on February 18th, 2021, you will be required to start paying or giving paid time off on February 19, 2022 .

As a business owner, there are a lot of things you need to know, one of the most important being where to invest. It can be difficult to decide what to prioritize, especially when you’re just starting out. You might be afraid of putting your money towards the wrong thing or you might be nervous to put too much money towards something you don’t know that you need.