When To Have a Business Valuation

When To Have a Business Valuation

Having your business evaluated by a Chartered Accountant provides you with an accurate picture of what it is worth in the current market. A business valuation is important for business owners if you are looking to make any changes. Professional Chartered Business...
Outsourced CFO For Small Businesses

Outsourced CFO For Small Businesses

Many businesses could benefit from hiring a CFO (Chief Financial Officer), but unfortunately, most small businesses cannot afford to do so. In this instance, outsourcing a CFO might be the answer. Businesses outsource CFO services when they need a more in-depth...
What Happens If You File Your Taxes Late?

What Happens If You File Your Taxes Late?

What happens if you missed the 2017 tax deadline? The Canada Revenue Agency (CRA) puts hefty penalties on those that file their taxes late. That is why Chartered Accountants always recommend filing and getting started on your taxes as early as you can. However, if you...
What Happens When You Get Audited

What Happens When You Get Audited

Everyone’s worse nightmare is to get audited by the CRA (Canadian Tax Revenue). There are multiple reasons why you may have been chosen for either a personal or business audit. However, the best thing to do when you are hit with an audit is to comply, be honest, and...
How to Spot a CRA Scam

How to Spot a CRA Scam

For the past couple of years, people have been falling victim to the CRA scams. No, the Canadian Revenue Agency isn’t scamming people out of their money. Rather, people are pretending to be the CRA to scam others out of money and sensitive information. It is easier...