by Colleen Hoggarth, CPB, FCPB | Feb 9, 2021 | Bookkeeping, Finances, Tax Tips
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...
by Colleen Hoggarth, CPB, FCPB | Jan 15, 2021 | Finances, Freedom Accounting Inc., Uncategorized
2020 created upheaval for all of us in our everyday life and for many it also brought financial hardships. Thankfully, there is help. Here we reflect on two benefits provided by the Province of BC for individuals and businesses. BC Recovery Benefit This is a...
by Colleen Hoggarth, CPB, FCPB | Dec 28, 2020 | Finances, Freedom Accounting Inc., Tax Tips
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...
by Colleen Hoggarth, CPB, FCPB | Dec 1, 2020 | Budgeting, Finances
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...
by Colleen Hoggarth, CPB, FCPB | Nov 11, 2020 | Finances
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...
by Colleen Hoggarth, CPB, FCPB | Nov 4, 2020 | Budgeting, Finances, Tax Tips
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...
