Not every business vehicle is written off the same way for tax purposes. How much you can deduct depends on how much of your driving is for business, what the vehicle costs to run, and which tax class...

Not every business vehicle is written off the same way for tax purposes. How much you can deduct depends on how much of your driving is for business, what the vehicle costs to run, and which tax class...

Handing an employee or owner-manager the keys to a company vehicle isn't a tax-free perk, even if it feels like one. CRA's automobile taxable-benefit rules generally have two separate pieces: a sta...

The sales tax you charge on bookkeeping services depends on two separate questions: which GST/HST rate applies under the federal place-of-supply rules, and whether a province with its own sales tax — ...

Shopify, Amazon, and Etsy each pay out differently, tax differently, and take their cut differently — which means treating them as one interchangeable "online sales" bucket in your books hides more th...

BC has paused the planned October 1, 2026 expansion of its 7% provincial sales tax (PST) to professional services. Bookkeeping, accounting and the other affected services stay exempt from PST for now,...

Not right now. BC paused the planned October 1, 2026 expansion of PST to professional services, which included commissions on non-residential real estate, so those commissions stay exempt for now. And...

A remittance payment to the CRA looks like just another payment leaving the bank account, but recording it the wrong way can quietly throw off a liability account without anything looking obviously...

A project that stretches across several months creates a real bookkeeping problem: the invoice hasn't gone out yet, but real costs and real earned value are already sitting there. Work-in-progress ...

A holdback shows up on nearly every construction invoice in Canada, and it trips up a lot of bookkeeping because it isn't a discount, a bad debt, or a simple timing gap. It's a specific legal requi...