Small Business Accounting Challenges

Small businesses have specific challenges and needs that are very different from larger more established companies.  Budget is typically a concern as small businesses and startups work to get their revenue streams established.  There is an additional challenge addressing the technical aspects of dealing with CRA – something many small business are just not able … Read more Small Business Accounting Challenges

Warning about Fraudulent Calls from CRA

Here are some recent examples of CRA fraud attempts: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Caller identifies themself as from CRA and that there has been crimes committed against the CRA and that your file has been submitted to the Federal Court and that there is a warrant out for your arrest.  The call display is area code 647 (Toronto).  Needless to say … Read more Warning about Fraudulent Calls from CRA

Managing your information in a Paperless world

So you have decided that you have had enough and now you want to go paperless.  Seems to make sense, most of your bank statements, bills, and receipts come online anyway.  Why print them? Sounds simple enough but like anything, you need a way to organize your documents.  There are many software packages that do … Read more Managing your information in a Paperless world

What to do when CRA comes calling

Business owners fear the dreaded call from the Canada Revenue Agency(CRA).  After all we have all heard stories about how CRA has taken people’s houses, their boats, frozen banks account.  They have lots of power. But you don’t have to be afraid.  Although CRA does have a lot of power, they generally only rarely wield … Read more What to do when CRA comes calling