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“When I started operating my own business I planned to do all of my bookkeeping myself.   My accountant told me that he would use my records to prepare the year end filings and it would [...]

There are a variety of expenses and amounts that are deductible for taxes purposes, some strange and some that you may not know about. Fun fact:  Did you know, while polygamy is not legal in [...]

Happy Canada Day from everybody at Accounting Plus Business Services!

Scientific research and experimental development credits (SR&ED) represent a significant financing and cash flow source for Canadian small businesses. Under this tax incentive program, [...]

Small business owners like yourselves are constantly being forced to find ways to innovate, to find new ways to deliver better services and more value to their customers with lower costs. Did you [...]

Personal Income Tax Returns If you haven’t already got your personal income tax organized, start now to collect and review your personal income tax documentation and information for 2012.  Don’t [...]

As a business owner, you are responsible for the financial stability of your business. Most often that responsibility translates into increasing revenue and improving profit margins, however, the [...]

Return On Investment An accounting term many people have heard, but don’t really understand. It’s most often heard when people think about financial investments like in stocks or bonds, but it [...]

Starting January 1, 2013, almost everyone in the construction industry will require mandatory WSIB coverage. Not just workers, but business owners too. In addition to employees, the coverage will [...]

If you have children starting university or college today, the CRA offers you non-refundable tax credit on your next tax return for some of the money you spent getting them ready. Non-refundable [...]