Wondering what's new with your 2020 personal taxes? From T slips to working from home, we’ll walk you through some changes you should know about this year. We’ll also cover various deductions: how to...

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

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 CAD/month,...

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 you...

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 month’s...

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 personal...

Mel McKay is a freelance ad writer, instructor at AUArts and the founder of Camp Hoo-Ha, a social and skill building club that now spans 12 cities in 3 provinces. The Hoo-Ha journey started in 2017...

Have grand plans for a start-up? Before you quit your job and throw all your energy into starting a business, you should establish a vision of where you want your business to go and how you’re going...

Tyler Chisholm is the CEO of clearmotive marketing, and is obsessed with helping businesses connect with their customers in more meaningful ways. I love picking his brain on how we can gain a better...

If you've received money from any of the government relief programs, expect to be asked to prove your eligibility. We outline what the government will ask you for, how to be prepared and what to do...

Since the COVID-19 outbreak hit in Alberta, we have had to quickly adjust, like so many businesses. We temporarily closed our offices and pivoted to phone calls and online meetings, webinars and...

As your small business guide, we’re here to help you navigate through this tough time. We have all been hugely affected by COVID-19 and for small business owners, there are many questions around the...

We work with a lot of small businesses run by couples who are familiar with the terrain of working and living together 24/7. As we settle into the new reality of self-isolation, most of us are now...

As we dive into tax season, we want to give you an update on what’s new and different this year.

The biggest change this year is a new tax credit called the Climate Action Incentive. We've got the...

Just as a personal trainer helps you reach your fitness goals, a business coach can help you reach your business goals. A business coach will help you clarify your vision, set the right goals and...

With the new year on the horizon, you’re probably thinking about setting your goals for the year ahead. Establishing a few key performance indicators (aka KPIs) will give you clarity into your...

For the holidays, we’ve got a roundup of our favourite business books for the business owner in your life. These are 22 books that I have relied on during my journey in business. I highly recommend...

Being an effective leader requires self-awareness. It also helps to recognize the behavioural tendancies and personalities of those you work with.

Nobody wants to go into bankruptcy, but it happens. The good news is that bankruptcy may not be as bad as you think, and it can be an opportunity to reset and learn. Here’s a clear-eyed look at how...

If you’re a small business owner, you may have heard of ATBX, an accelerator program for businesses that want to grow. The free (!) program offers weekly workshops, mentorship, co-working space and a...

This post comes from our Marketing Director, Erica O’Donnell, who has worked in the digital marketing world for nearly 15 years.

A friend was recently offered a contract position with an oil and gas company, but there was a catch: he needed to form a corporation and get a GST number before he could start working. If you work...

Money. Like it or not, we all need it to live and thrive in this world. Understanding the investments available to you, how markets work and the ins and outs of taxes is super important so that you...

Here are five apps that will make your business sturdier and more organized. There’s so much to track as a small business owner. Stacks of unorganized papers, making up numbers for your accountant,...

Remember when you first set up your home office? New desk, shelves, and filing system. Stationery and pens were all organized. Wasn’t it a nice place to be? Weren’t you excited to do some work?

Landlords, need a breakdown what to do come tax season? Find out exactly what you can write off and why you should expect to owe taxes. What happens when you sell a rental property or do major...

Accountants, lawyers, financial planners and insurance advisors all throw this term around: tax planning. But what exactly is Tax Planning? And how is it done?

With the RRSP deadline coming up this Friday, March 1, we wanted to bring in the perspective of an investment advisor to shed some light on the topic of investing and taxes. Megan Sutherland is an...

 As you get ready to prepare your 2018 taxes and think about the tax year ahead, here are the big changes to personal taxes. Many of them will keep more money in your pocket, so make sure you’re...

What does a financially fit business owner look like? They confidently take advantage of every write-off and have a tight paper trail. They've automated their instalment payments and save enough from...

At True North Accounting, we’re proud to provide accounting, bookkeeping and small business advisory services for small businesses in Calgary and Okotoks, Alberta. 

The year is winding down. Although it’s a good time to look ahead, make resolutions and plot goals for the new year, we encourage you to take a moment to reflect on and celebrate the year you’re...

Did you know that beer is becoming one of the most appreciated holiday gifts? Beer is really an all-season beverage, but in my house it’s become one of my favourite Christmas traditions; this...

Lots of people have a side hustle these days (check out Avenue’s recent article The Art of the Side Hustle). When your heart’s in the game and you start to make a few bucks, you may start to wonder:...

We’re hosting Tears, Fears & Beers* at Ol’Beautifulbrewery next Thursday, November 15, an event about how start and survive small business ownership (because we’re all about small businesses )....

If you’ve ever asked your accountants whether you should own your vehicle in your corporation, or personally, I’m betting they didn’t tell you much. They probably said, “well it depends”. If you are...

We all get bombarded with so much mail and email that it can be difficult to sort the important from the unimportant. Documents that are important for tax purposes arrive throughout the year, or...

We’re excited to introduce Curtis Gabinet as a new Partner at True North Accounting. Curtis has been with us for a couple years, so our clients know him well. But to everyone that hasn’t met him yet,...