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Accounting software can send a personal tax return to the CRA for you, but it won’t decide to do it on its own. You review the return,…

For your first meeting with an accountant in Canada, bring photo ID, your last two or three tax returns with the notices of assessment, this…

CPA Canada reports results as competency levels and doesn’t set a numeric pass mark, so there isn’t one percentage to quote. It…

To prepare for tax season with your accountant, gather your slips and receipts early and tell them what changed in your year. For the 2025…

A typical CPA in Canada earns about $84,000 a year before tax. That’s the median of $40.36 an hour on Job Bank’s wage page for…

E-commerce bookkeeping in Canada comes down to three habits: record every order with the tax collected in the buyer’s province, record…

Yes, a bookkeeper can prepare your tax return in Canada. The CRA sets no designation requirement for people who prepare returns, and any firm…

A balance sheet lists what your business owns, what it owes and what is left for the owners, on one date. For a Canadian corporation it is the…

Meal and entertainment expenses are deductible in Canada, but only half. The CRA lets you claim 50% of the lesser of what you actually spent…

Catch-up bookkeeping means someone sorts out months or years of unrecorded transactions so your returns can finally be filed. The clock…