My name is Madeline and I am a co-owner of True North Accounting. I am responsible for the day-to-day administrative duties and wanted to write a blog about how True North Accounting handles its own...
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"Running my own business is hard. While the rewards and freedom are great, I get really stressed out at tax time and am always worrying about paying enough tax, and not getting in trouble with the...
If you own a business, chances are you get requests to sponsor events and teams. We want to give you our thoughts on what to sponsor, and when to say ‘no.’
The most important thing a small business owner can do is maintain a good personal credit score. But it's still very important to build good business credit. We’ll explain some of the benefits and...
Money isn’t something a lot of families like talking about at the dinner table, but my family did. Growing up, my dad was (and still is) always on the lookout for a good deal and he drilled the value...
It’s tax season again. and just like every other year, there are changes that we want to share with you so that you’re up to speed on your personal taxes.
Deadlines. Deadlines. Deadlines. They are approaching and while we often get anxious about meeting them, the more we know about deadlines, the less chance we’ll miss them. Here are some of the CRA...
Choosing between Dividends vs Salary can be a difficult decision, that really depends on your situation. To help shed light on this topic, we’re sharing a scenario about one particular business and...
If you’re like most people, you probably go through the same song and dance every January. Set goals. Fail to make plan. Then feel bad about the whole thing. Well, January is here and we have some...
Working as a realtor sometimes means having a lot of balls in the air. You have multiple clients, multiple listings, and on top of that you’re running your business out of your home, car, and...
The information released by the minister of Finance on July 18, 2017 scared many small business owners. Right now, investment income earned in a corporation is currently taxed at about 50% - and the...
We look at our clients' bank statements all the time and I see so many people not taking advantage of low-hanging fruit from the banks. Here are five easy ways to save time and money!
This is our first blog post. We didn't intend to write highly technical blogs, but with a lot of new tax information (and misinformation), there's a lot of demand for our opinion and interpretation...