Upkeep Accounting

As the final quarter approaches, it’s time to evaluate what needs the most attention in your business. Is it cash flow, sales, marketing, or operations? 🧡

Before buying equipment just for a tax deduction, focus on investments that can actually improve your business.

You can consider equipment like:

- Computers and technology upgrades
- Machinery and specialized equipment
- Business vehicles and equipment
- Point of sale and inventory systems
- Equipment that improves efficiency or productivity

For tax purposes, equipment is generally considered a capital asset and may be claimed over time through capital cost allowance (CCA).

The deduction available depends on the type of property and applicable CCA rules. Generally, property must be available for use before you can claim CCA on it.

Don’t buy equipment just for a tax deduction. Make sure it makes financial sense for your business first.

Need help with tax planning or keeping your books up to date?

Book a call using the link in our profile to learn more about our services.

The best investment is the one that accelerates your journey toward your next big goal. 💡 Would you upgrade tech, strengthen your team, or boost your marketing game? The possibilities are endless!

Let your imagination run wild, what would you do with an extra $10K to level up your business? Share your ideas below and inspire others! 🚀

A bookkeeping system is only as good as its foundation. 🧾 Small setup mistakes can lead to big headaches later on, but we’re here to help you avoid that!

Let us review your system to ensure it’s working seamlessly from day one. Book a call via the link in our profile to get started!

Attention self-employed and business owners! Your third 2026 income tax instalment payment is due September 15. 🗓️

Save this post to stay on top of your finances and follow us for expert tax tips, bookkeeping hacks, and more!

📣 HST doesn’t have to be confusing!

Join us for an informative session covering the ins and outs of HST, including:

✨ When and how to register for HST
📅 Choosing the right filing frequency
💰 Understanding input tax credits
🧾 What you can (and can’t) claim
…and more!

Whether you’re new to HST or just want a better understanding of how it works, this session is designed to help you feel more confident when it comes to your HST responsibilities.

Spots are limited! 📩 Email [email protected] to learn more and find out how you can attend.

We’d love to have you join us!

Falling behind or not sure where to start?

We can help clean up your bookkeeping and get your books accurate and up to date.

Book a call using the link in our profile or comment to learn more about our cleanup services!

Marriage can affect more than your relationship status. It can also change your taxes, benefits, and credits.

Make sure you:

- Update your marital status with the CRA by the end of the month following the month you got married

- Keep your address and personal information current

- Have your spouse’s income information available when filing your tax return

- Review how your combined family income could affect benefits and credits

The CRA recalculates certain benefits and credits based on your new marital status and adjusted family net income.

Save this post for later and follow for more practical tax, and business finance tips.

We’re settling into our new office, and if you’re feeling a little out of your routine too, you’re not alone! 📦✨

A new space, a new routine, and a fresh chance to refocus on your goals.

What’s one thing you want to accomplish this week? 👇