by bbatax | Jun 16, 2025 | Accounting
If you’re a business owner in Canada, the words “CRA audit” can send a shiver down your spine. But here’s the truth: not all audits are cause for panic, and many are preventable. By understanding what triggers an audit from the Canada Revenue Agency (CRA), you... 
by bbatax | May 30, 2025 | Accounting
Choosing the right accounting software is a critical decision for any small business. Effective accounting software can streamline your financial management processes, save time, and improve accuracy, ultimately contributing to the overall health and growth of your... 
by bbatax | May 30, 2025 | Accounting
Effective bookkeeping is the backbone of any successful small business. It not only ensures compliance with tax regulations but also provides insights into your business’s financial health. For small business owners in Ottawa and across Canada, understanding and... 
by bbatax | Apr 29, 2025 | Accounting
Working from home has become increasingly common in Canada, and understanding the tax implications of a home office is essential for maximizing deductions. Whether you’re self-employed, a small business owner, or an employee, this comprehensive guide will help... 
by bbatax | Apr 13, 2025 | Accounting
Starting and running a business in Canada is exciting, but one of the first lessons every entrepreneur quickly learns is that taxes are a big part of the journey. Whether you’re launching a small startup in Ottawa or managing an established corporation,... 
by bbatax | Mar 24, 2025 | Accounting
Income splitting has long been a valuable tax strategy for Canadian families seeking to minimize their overall tax burden by redistributing income among family members in lower tax brackets. As we navigate through 2025, understanding the intricacies of income...
