Financial & Tax Blog
Canada’s COVID-19 Economic Response Plan – 2022 Update
We’ve had an interesting two years, to say the least. Many businesses and people have taken advantage of the federal and provincial government supports offered to help keep operations and household incomes intact. As of January 17, 2022, these are the supports...
Solopreneurs: what to claim when you’re expensing
Over the past year we’ve witnessed a seismic shift in the workplace, with people switching careers and industries, and many opting to become self employed, or solopreneurs, striking out on their own and taking full advantage of the opportunity to work from home. In...
The Tax Benefits of Working from Home
The home office has never been more popular! Over the past two years we’ve gotten very familiar with the short commute to our desks and working from home can be extremely productive. It can also help you save on your income tax return. Whether you’re a sole proprietor...
To Incorporate, or Not To Incorporate: That is the Question
If you’re starting a new business, or are a sole proprietor, you will at some point ask yourself whether it makes sense to incorporate. The choice to do so depends on a number of factors, but there are distinct advantages and disadvantages to incorporating.
It’s National Puppy Day every day at Freedom Accounting
According to the national day calendar, March 23rd is set aside to celebrate the unconditional love and affection puppies bring to our lives. Their cuddles and wiggles make us smile and give us a warmth that touches all the way from the tips of our heads to the end...
We Can Help In The Evolution Of Your Business
Every business owner will face unique challenges. As small business owners ourselves, we understand the commitment and due diligence required to become successful. Regardless of where you are on your journey, we’re committed to getting you to the next level. The key...
Celebrating The Women in our Lives
International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. Significant activity is witnessed worldwide as groups come together to...
Are you ready for a bookkeeper in your business?
Bookkeeping is a vital part of any business, but it can be easy to push aside for more immediate priorities. Customer orders to fill. Clients to meet. Inventory to order. These are things that must be done to keep your business running. Bookkeeping is easy to push to...
Personal Tax Time is here!
We have created a few new tools this year to assist with assembling and submitting your 2020 tax information. The links to these can be found on our website. If you are new to our firm, please use the interactive questionnaire to provide all of your information to...
Year End Checklist for Small Businesses
Yes, it’s that time of the year again, year-end is indeed here. For many businesses, the calendar year end is also the end of their financial year, so if you’re one of those, that means you need to start preparing your accounting records for your tax professional and...
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