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 resources for small business owners.


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

    Posts by Matt Peterson

    Reflections on tax season

    Still wondering why you owed so much tax this year? You’re not alone. In fact, many people found themselves owing taxes when they were expecting a refund.

    May 31, 2018

    2018 personal tax changes

    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.

    Mar 27, 2018

    17 CRA deadlines to ignore if you hate money

    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...

    Feb 26, 2018

    The dilemma: dividends vs salary

    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...

    Feb 08, 2018

    New year, new goals, new plan: setting small business goals

    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...

    Jan 05, 2018

    Donating responsibly

    It’s the season of charitable giving! Christmas events supporting great causes, the holiday message of generosity, and of course, Dec. 31, the last day of the tax year. Albertans give more to...

    Dec 06, 2017

    Realtors: Get lean and clean in '18

    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...

    Nov 22, 2017

    Passive investment income

    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...

    Nov 08, 2017

    5 tips to save time and money with online banking

    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!

    Nov 01, 2017

    Income splitting in Canada (or “sprinkling”)

    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...

    Oct 04, 2017