APBS Blog

The income statement is one of the most important financial information in your business and its unfortunate that most small businesses do not realize this. Many small businesses don’t have a [...]

If you read our last blog post, “Common pitfalls when starting a business”, you then know what common mistakes to avoid when starting a business. It’s also important to build a solid [...]

Starting a small business is one of the most exciting endeavours an individual can take. According to surveys, up to a third of Canadians like the idea of owning their own business. In addition, [...]

Personal income taxes are due this year by April 30th as with all other years. There are endless advertisements about them for a variety of different tax preparers. Before you choose a tax [...]

If you’ve recently received any form of communication appearing to originate from the Canada Revenue Agency (CRA), please respond with caution. There are individuals attempting to acquire [...]

The CRA and other government bodies are getting more aggressive in following up with people about their taxes. It’s often an intimidating process to you and many other business owners. The CRA [...]

On Tuesday, Finance Minister Jim Flaherty announced his annual budget. If you’re a small business and haven’t gotten updated, don’t worry, we’re here to help! This year, the federal budget brings [...]

Each year, every small business that has employees must prepare T4 forms and T4 summaries. These are due by February 28th of the following year. Anybody who has had to prepare a paycheque along [...]

Happy new year! With the end of 2013 and the start of 2014, we want to draw your attention to the personal income tax return that has to be completed every year.  We understand it’s not something [...]

We’re breaking from our regular themes of small business and taxation to provide some information that may be of value to you as it related to one of our client’s experience. We are not in the [...]