Financial & Tax Blog
Back to School Budgeting
Back to school often means back to budgeting. Here are some small changes you can make that will have a big impact on your family budget.
Step by Step: Your Mid Year Financial Review
Financial plans require regular maintenance to keep things running smoothly. Here’s why you should conduct a mid-year review.
Small Business Financial Trends for 2022
The pandemic has affected businesses in many ways – here’s how small business owners are adapting their financial plans and outlook.
What’s the Difference Between a Bookkeeper and an Accountant?
Your business is hitting its stride. It’s an exciting time, but not without its stressors. With so much more financial paperwork to manage as your business begins to grow, the reality soon hits home that unless you duplicate yourself, the capacity is simply...
What Happens When You File Your Taxes Late – And How We Can Help!
Time slips away, deadlines pass, and you still haven’t filed your taxes. Maybe you’re even a few years behind. Whichever boat you’re in, there will always be that sinking feeling of tension anytime someone mentions the word “taxes,” until you finally get the task off...
Strategies to Pay Less Interest on your Debts
Are the bulk of your credit card or loan payments going towards interest? When faced with a daunting pile of debt, it can be such a defeating feeling watching your hard-earned money barely make a dent in what you owe, as the interest almost completely swallows your...
Do you qualify for the Canada Child Benefit?
A new addition to your family not only means more to love, but also much to learn. Of course, every relative, friend and stranger will be eager to share their words of wisdom (and often unsolicited advice) on how to properly raise your kids. However, when it comes to...
Getting ready for your 2021 tax return
Tax time is upon us, and the Freedom Accounting team is hard at work behind the scenes getting ready. Every year at this time, we send a Tax Preparation Letter to our clients, and help them gather all the receipts, slips and documents they need (let us know if you’re...
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...
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