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Incubator program bookkeeping has one job: record what the program gave you and what you gave back, each on its own line. Money, space,…

Angel investments in Canadian startups are taxed like any other shares when you sell, but two special rules can change the outcome a lot. A…

There’s no single rule we could confirm for how to account for SAFE agreements in a Canadian startup. Whether a SAFE sits in equity or…

Accelerator programs don’t come with a bookkeeping rulebook of their own. Your company follows the same CRA record rules as any other…

Founder equity, in Canadian terms, is the shares each founder holds in the corporation. Accounting for it means recording who put in what,…

MVP development costs in Canada aren’t treated as one lump. The work that tests a real technical unknown may qualify for SR&ED tax…

The tax on convertible notes in Canada starts with its interest, not its conversion. If you lend through a note, the CRA’s guidance on…

You can appeal a CRA audit decision by filing a notice of objection. If you’re an individual, the deadline is the later of one year…

The short version of accounting for a new business in Canada: open a separate bank account, keep every record for six years, and watch one…

The best bookkeeping systems for startups aren’t the fanciest ones. You need one that keeps every invoice and receipt for six years,…