Learn the two $30,000 small supplier tests, when registration starts, and how voluntary registration, input tax credits and filing schedules work.

A complete guide to restaurant GST and PST rules for business owners in Vancouver and British Columbia. Learn how to avoid costly CRA audits. Written by a local CPA.

A complete guide for tax on employee tips for restaurant owners in Vancouver, Surrey, Victoria, and BC. Learn CRA rules for controlled vs. direct tips from a local CPA.

The ultimate guide to cryptocurrency taxation in Canada. Stay ahead of the CRA to ensure you are reporting your crypto activities correctly.

Salary, dividends and corporate investments all affect an owner’s savings plan. Compare RRSP and TFSA trade-offs without assuming one account always comes first.

The right home office claim depends on whether you are an employee or self-employed. Learn the different eligibility tests, forms, expenses and supporting records.

Ten year-end planning checks for BC owners, with clear distinctions between corporate fiscal deadlines and personal calendar-year decisions.

Review seven common compliance risk areas, strengthen supporting records, and learn how to respond clearly when CRA asks questions.

Prepare for your first payday with the essential accounts, employee records, payroll deductions, remittance deadlines and BC employment standards.

Compare the tax and practical trade-offs of salary, dividends, or a blend, including CPP coverage, RRSP room, payroll and family payments.

Explore when incorporation makes sense, the five setup steps, ongoing costs, and the tax issues BC business owners should plan for.

How much does a small business accountant cost in BC? It depends on what you need: bookkeeping, payroll, corporate tax filings, financial statements, and ongoing advice all involve different work. The best comparison is a written quote for a clearly defined annual service package. Whether you operate in Surrey, Vancouver, the Fraser Valley, or Vancouver Island, compare scope and service quality alongside price. Typical Services and Budgeting Ranges The figures below are illus

Seven questions to ask before hiring a CPA, how to compare accounting fees, and what BC business owners should look for in ongoing support.

Confused by PST on materials vs. labour? A plain-English BC PST guide for Surrey & BC contractors, renovators & trades; registration, filing & costly mistakes.

This comprehensive guide for Dental clinics breaks down the complex rules of tax depreciation (CCA) for everything from intraoral scanners to office renovations so you can confidently plan your tax strategy.

Discover how to maximize your Restaurant Tax Deductions in Vancouver and avoid CRA audits. Learn key strategies for Restaurant Tax Deductions in Vancouver.

This guide highlights the critical choice between asset and share deals. Buyers typically prefer asset purchases for a fresh tax basis and liability protection, while sellers favor share sales for capital gains tax efficiencies. This article details purchase price allocation strategies, avoiding GST/HST using a Section 167 election, and the strict due diligence needed to uncover hidden liabilities of an existing restaurant.

In this post, we'll explore the tax implications of earning a salary in Bitcoin in Canada, the reporting requirements, & some helpful tips!

In Canada it is extremely important to keep track of all cryptocurrency trades to remain onside with the Canada Revenue Agency (CRA). The CRA views cryptocurrency as a commodity for tax purposes, therefore, cryptocurrency trading may result in tax implications to be reported on the tax return. The CRA assigns the responsibility of tracking and reporting this income solely to the taxpayer. Contrary to common belief, all cryptocurrency trades are taxable for Canadians. Many in

If you have purchased and sold investments such as cryptocurrency, stocks, mutual funds, or other capital property, you may be subject to adverse tax consequences through the superficial loss rule. Although many taxpayers are not familiar with the superficial loss rule, the CRA still assigns the responsibility of correctly tracking and reporting the implications of this rule solely to the taxpayer. The superficial loss rule denies a capital loss when you sell and repurchase t

Are you starting a side hustle? You may want to incorporate to save tax. This article discusses the various tax factors to consider.