Every Canadian realtor knows that every dollar matters, whether you’re closing deals in Toronto, handling costs in Vancouver, or planning for taxes with the CRA. Bad accounting can eat into your profits, costing you big time. However, the great thing is that a few smart moves can change everything and
Monthly Archives: July 2025
Tax season can feel crazy, especially when you’re swamped with receipts and old returns. Before shredding any documents, it is essential to know the required retention period for tax records in Canada. Getting it wrong could cost you a missed refund, a denied claim, or an audit. The CRA has
Every thriving business relies on accurate financial records, and that’s where a bookkeeper comes in. So, what does a bookkeeper do? Bookkeeping involves recording, organising, and monitoring a company’s financial activities. It is a key to good economic management. It helps businesses follow rules, make informed decisions, and manage their
In Canada, the Digital Services Tax (DST) was a hot topic previously for firms doing business online. So, what was this digital service tax, and how might it have impacted your business? Canada’s planned Digital Services Tax primarily targets large companies, particularly tech giants. This tax is applied to money
In Canada, the Digital Services Tax (DST) was a hot topic previously for firms doing business online. So, what was this digital service tax, and how might it have impacted your business? Canada’s planned Digital Services Tax primarily targets large companies, particularly tech giants. This tax is applied to money
Buying a place in Canada is a significant investment, but owning a home comes with real estate taxes. Whether you’re a first-time homebuyer or have multiple rental properties, it’s essential to understand how real estate taxes work so you can effectively plan your finances. Local governments in Canada use property