Financial & Tax Blog
A Look Forward To 2021
Well, 2020 was one heck of a year. Who would have thought when we were sipping mimosas on January 1st, 2020, the world as we knew it would tilt and a pandemic would land squarely at our feet? The pandemic caused many of us in the accounting world to learn many new...
Bookkeeping: the Story of your Business
For most business owners, bookkeeping is a means to an end to stay compliant with the Canada Revenue Agency and the Ministry of Finance. As Bookkeepers, we file Goods and Services Tax (GST), Provincial Sales Tax (PST), Employer Health Tax (EHT), Worksafe BC Reports...
Does Tax Time Make You Feel Overwhelmed?
Several times throughout the year, we have new clients appear with multiple years of outstanding personal tax returns to be completed. The stress of not filing returns on time can have a huge impact on our clients’ lives. In one case, a couple remarked that we had...
A Weekend spent Offline leads to a Trip down Memory Lane
I came home from the office on a Thursday to find we had no internet service. “Husband, we have no WIFI!” I said. He replied, “let me reset it again!” Still no result. Husband: “there is a box in the bedroom, let me try that.” Still no success. We managed to live...
A Canadian Holiday Tradition – the Cherney Chicks Bake Exchange
For many years in Peterborough, Ontario, my close friends and family would get together for the annual Cherney Chicks Bake Exchange. It started with an idea from the group of us that worked at Cherney Properties. Each person attending would make a favourite recipe of...
The Values in Our Work – How We Set our Goals to Better Serve You
This past summer our leadership team met for our first annual strategic planning session. This wasn’t a big fancy event. It was three of us sitting in a beautiful setting at the Lakehouse at Shawnigan with laptops and thoughts on how we wanted to do better. There...
This year, take the Stress out of Spending for the Holidays
One of the most stressful parts of the holiday season is the spending. Whether for gifts, parties, food or beverages, the costs add up. In a previous blog, I talked about my love of lists. I make lists for everything -- the holiday season included. If you want to rein...
Time: Is There Ever Enough?
Advice for finding that elusive work/life balance. Having raised two children, both who had busy schedules, and a husband with a career who had much responsibility, time has always been in short supply. My sister used to say I was a drill sergeant. That our lives...
This November, Take Your Finances for a Check Up
Are you in control of your finances? Or is your budget on life support? November is Financial Literacy Month in Canada, and we think it’s the perfect time to take a deep dive into your wallet, lose the debt and embrace a healthy strategy that puts you in control of...
Tax Tips for Freelancers & Side Hustles
Are you a freelancer or have a side hustle? Are you prepared for the upcoming income tax filing for 2020? Being a freelancer or having a side hustle means you are self-employed and need to report this income to the Canada Revenue Agency (CRA) no matter how small the...
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