Running a successful business in Canada involves navigating a complex landscape of financial regulations, tax laws, and compliance requirements. Your Chartered Professional Accountant (CPA) is a key ally in this journey. Beyond just handling your taxes, a CPA can play a crucial role in optimizing your business operations, ensuring compliance, and fostering financial health. This […]
Here are five ways to get more value from your relationship with a CPA: 1. Communicate regularly: Keep your CPA informed about changes to your business, financial goals, and any concerns you may have. Regular communication can help your CPA provide more personalized and effective advice. 2. Be organized: Keep your financial records up-to-date to […]
The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022. If you are a Canadian citizen or permanent resident (except in capacity as a partner or trustee*), no action is required on your part. Anyone else that owns residential property, […]