Find your way with our blog

COMPASS

We want to give you as much value as possible. Our blogs and newsletters cover everything from T slips and tax deadlines, to tips on staying organized, and recommendations on great books for small business owners. 


Subscribe to our upcoming newsletter for small business advice, and financial and tax tips for entrepreneurs.

Posts by Matt Peterson

Tax tips: Claiming child care expenses in Canada

While the pandemic has dramatically changed what child care looks like in Canada, it’s still a necessity for many working families. Claiming child care expenses lowers your net income and reduces...

Feb 07, 2021

Your home office: how to get organized and claim small business expenses

If you’re like most of us, you’ve been spending a lot of time in your home office lately. Whether you have a makeshift setup at your dining table or dedicated space with a fancy standing desk,...

Jan 17, 2021

Does your company need an advisory board?

Here’s what I learned from creating one for my business. 

Jan 08, 2021

How to dissolve your corporation in Alberta (the right way)

We’ve written a lot about how to get your business set up — but today, we want to talk about the flip side: shutting down your business the right way. Small business owners can come to the end of...

Dec 04, 2020

Small business loans and grants in Alberta

Starting and growing your business requires capital. There are a number of routes to raise money for your small business, including loans and grants in Alberta and Canada. 

Dec 02, 2020

Real-time bookkeeping made easy: Xero’s new starter plan

We’ve always been fans of Xero’s accounting software. On November 9, they’re launching a new starter plan that’s tailor-made for consultants, freelancers and small businesses. At just $15...

Nov 05, 2020

COVID-19 info for small business owners

We have outlined the different programs offered by the government to help you understand what initiatives apply to you. Our goal is to explain everything in plain language, so you can find the...
Oct 20, 2020

Getting through a CRA audit

Nobody likes the idea of an audit — we’re here to demystify the process for you. This post will shed light on why you might get audited, what will happen if you’re audited and, if the CRA decides...

Oct 20, 2020

B-Corps & building a purpose-driven business: On Tap with Jay Baydala

This is an excerpt of our On Tap interview with Jay Baydala on September 24, 2020. Questions and responses have been edited for length and clarity. Thank you to Village Brewery for being this...

Oct 04, 2020

How to register for CRA My Business Account and My Account

Setting up your business and individual Canada Revenue Agency (CRA) accounts is not only important, it makes your tax life a lot easier. If you run a business, you’ll need both business and...

Sep 13, 2020