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Cash is King

Cash Is King

In the current climate, every business needs cash. If your cash is tied up in accounts receivable and inventory, you are putting the health of your business at risk. Learning about your business’ cash-flow cycle will enable you to maximize…

What to do when someone dies

What to do when someone dies

Experiencing the death of a loved one is a difficult thing to go through. Aside from the loss of someone close to you – a family member, friend, co-worker or neighbour, there are plenty of things that need to be…

Taking Care of Seniors and Persons with Disabilities

MHRTC

In today’s age, it is becoming increasingly difficult to find suitable housing and support for the seniors and persons with disabilities in our lives. Many families are renovating their homes to accommodate the people they love. To make individual housing…

Where should I invest? RRSPs vs TFSAs

RRSPs vs TFSAs

This is the time of year when people consider both RRSPs and TFSAs. It can be a complicated and confusing topic. Let’s dive into each plan, discuss the benefits, and discuss when you might want to choose one over the…

Expanded Trust Reporting Requirements

Expanded Trust Reporting Requirements

We would like to make you aware that the Canada Revenue Agency had made significant changes to trust reporting requirements. These requirements are much broader in scope, thereby capturing situations that most taxpayers have not traditionally considered. Effective years ending…

Happy Holidays from Accent!

Happy Holidays from Accent CPA

With the holiday season fast approaching and 2023 quickly winding down, we would like to thank all our clients for a wonderful year. We are grateful for your trust and continued support. 2023 brought some big changes to Accent. In…

Personal Taxes: Prepare for the Year Ahead

Personal Taxes: Prepare for the Year Ahead

Preparing for tax filing in Canada can seem daunting, but taking a few simple steps can make the process much smoother. With the right preparation and understanding of the tax filing process, filing your taxes can be a simple process!…

That’s a Wrap!

As the school year comes to an end and summer begins, it’s time to let loose and enjoy some well-deserved relaxation and fun. Kudos to all the parents and educators for successfully herding the kids through another school year and…

5 Common Payroll Mistakes

5 Common Payroll Mistakes

Of all the responsibilities of an employer, ensuring correct payroll filings is easily one of the most important. Errors in payroll can cause frustrations with employees and can be costly with the CRA. Keep reading to learn about five of…