Does a Canadian Charity Need an Audit?
The CRA doesn’t require a registered charity to have its financial statements audited. It does recommend an audit once your income is…
Accounting Books for Canadian Entrepreneurs: How to Pick
Before you buy any accounting book, check the year on the cover. Canadian accounting books go stale fast, because the tax rates, sales tax…
How to Prepare for a CRA Audit of Your Tax Return
To prepare for a CRA tax audit, keep every receipt and record behind your return for at least six years, and be able to find any of them…
Remote Work Expenses in Canada and Your Tax Return
Remote work expenses can lower your tax, but only if your employer required you to work from home and signs Form T2200. Without that form, you…
What Triggers a CRA Audit or Review in Canada
No CRA page we found gives a detailed list of what triggers an audit. What the agency does say publicly is that returns are picked for review…
Finding Accounting Communities and Networks in Canada
The quickest way to find accounting communities and networks in Canada is to start where the profession is organized: your provincial CPA…
Finding Accounting Workshops Near You in Canada
The only one of the accounting workshops in Canada we could confirm is free: the CRA’s Liaison Officer service. It gives owners of small…
How to Find an Accounting Mentor in Canada
Finding an accounting mentor in Canada comes down to knowing which door to knock on. If you’re working toward a CPA, your provincial CPA…
Accounting Webinars for Canadian Businesses
The best free accounting webinars for a Canadian business come from the CRA itself. Its business video gallery holds recorded webinars on…
Finding Industry-Specific Accounting Guides in Canada
To access industry-specific accounting guides in Canada, start with your six-digit industry code, then work outward. The CRA asks for that…