Not Millennials ourselves – but we’ll keep our ages out of this post, of course – we’ve been fascinated in building our relationship with our Millennial small business clients. And, just as with any other generation, Millennials have their own unique set of needs and this is no different when it comes to bookkeeping for […]
Filing your tax return isn’t simply about entering numbers on a form. Our philosophy at Priority Business Solutions is that in order to file a correct tax return on behalf of someone, we need to know that person beyond the T4, T5, and RRSP slips. While this information is great to have (and rather important), […]
You’ve started your own business – a proprietorship to be exact. And with your first tax filing quickly approaching, finish your year strong by proactively preparing these few things to help with your filing. But first, what exactly is a proprietorship? A proprietorship is the simplest business form under which one can operate a business. […]
We’ve heard it many times before, “your desk is a reflection of your state of mind. Scattered desk, scattered mind.” In our line of work, we’d say the same for bookkeeping. Receipts scattered in a shoebox typically leads to more disorganized books, and a less than happy bookkeeper or accountant. Since we’re heading into our […]
And just like that, the New Year celebration is past and we’re heading into another tax season! With a number of key CRA filing deadlines happening at the end of February, we figure there’s no better time than now to let you in on key deadlines Canada Revenue Agency (‘CRA’) has for corporations, sole proprietors, […]