How to shut down a business in Canada
Declaring bankruptcy is not the only way to shut down your business. Learn more about closing down a business in Canada in this video. If you prefer reading, you can…
Segregation of duties
Segregation of duties is an effective way to prevent fraud in your organization. Learn more about it and its elements in this video. If you prefer reading, you can find…
Real estate investing and taxes
Are you thinking of real estate investing? Is it better to buy a property as an individual or do it through a corporation? Learn more about real estate investing and…
Tax deductions for charitable donations
Do you have a favorite charity or cause that you support or planning on to? In Canada, you can receive as much as 53% back through charity tax deductions. Wondering…
The importance of budgeting in business
You've probably heard of budgeting before, but do you actually have a budget for your organization? Budgeting doesn't have to be complicated. Watch this short video to get you started,…
Mid-Year Tax & Business Review
We've just passed the mid-year mark which makes it the perfect time to review where we are in terms of our budget, taxes, and business in general. You may be…
CRA is not always right
Canada Revenue Agency (CRA) is the revenue service of the Government of Canada and is perceived as an ultimate authority. That doesn't mean that they are always right though.If you…
How to handle growth in your small business company
Growth in your small business company is great news but it can also bring many challenges. Focus on these 3 key areas to make your business a success. If you…
5 tips for choosing the right small business accountant
Are you looking for a good small business accountant in Calgary? Watch this video to get 5 tips for choosing the best accountant for your company. And if you prefer…
Benefits of using a holding company in Canada
Have you ever thought about what is a holding company good for? Watch this video to find out why you might want to consider a holding company for your business.…
Post-Covid economy, inflation and business
Watch this video with Irfanali's perspective on the post-Covid economy, the dangers of inflation, its impact on business, and changes coming up in the accounting industry. If you prefer reading,…
Why Is Accounting Actually a Backbone of Your Business?
Christan Hiscock from Kardia Financial Group and Irfanali Moledina from RMI Professional Corporation got together to talk about why is accounting so important in business, about entrepreneurship, proper tracking of…
When to incorporate a business in Canada
One of the common questions we get a lot of times is "When should I incorporate my business?". You can watch Irfanali's answer in the video attached to this post…
Are CERB and CRB benefits taxable?
The personal income tax deadline in Canada is fast approaching and we would like to share some information about CERB and CRB benefits for individuals and on CEBA support for…
8 Tax Saving Tips for Small Business Owners
There are a variety of methods that small business owners can explore to improve their tax situation out there. Running your own business is a lot of work as it…