In the competitive landscape of today’s business world, generating new leads is crucial for growth and sustainability. Whether you’re a small startup or an established enterprise, having a robust lead generation strategy can be the difference between stagnation and success. Here are some effective strategies to help you attract new leads and grow your business.…

Growing your business is an exciting milestone, but it’s also a decision that requires careful planning and strategic thinking. One of the biggest challenges that comes with expansion is deciding when to hire more staff. Bringing new employees on board too soon can strain your finances, but waiting too long might slow down growth and…

Transferring a family cottage to the next generation can be a meaningful way to preserve family memories, but it often comes with significant tax implications. Here are some strategies to reduce taxes on this transfer, ensuring that more value is passed on to your loved ones. 1.    Principal Residence Exemption (PRE) One of the…

The family farm has been the traditional backbone of agriculture across Manitoba and western Canada. Older generations of farmers may look to their spouse or children to carry on and continue operating what they have built. In planning for this eventuality, there are some strategies to consider in order to minimize the tax liability and…

In today’s competitive landscape, the health of your business is paramount. Just as individuals benefit from regular health checkups, businesses too require annual assessments to ensure they are on the right path. In this blog, we will explore how conducting annual checkups for your business can lead to improved performance, strategic growth, and long-term success.…

I dip my toes into the edge of the pool. The water is warm, but not too warm. The Kinsmen Aquatic Complex is recreational pool designed for all users – not just us lane swimmers. A quick glance at the oversized swim clock tells me it’s 12:20 pm – my usual swim time. I am…

When you think of your accountant, do you put them in the same category as your dentist: once a year and its always painful? When you deal with Accent it should not be either of those things. Did you know that we provide other services such as interim financial reviews, tax planning and projection of…

Not all workers paid to work for you or support your business are employees.  In some circumstances, they may be categorized as a subcontractor. What’s the difference between an employee and a subcontractor? There are important distinctions that you should know about. CRA withholding taxes Employers are required to withhold relevant withholding amounts such as…

As an employer you will go through cycles where business will be busy, slow, or somewhere in between. At the start and end of each busy season you will consider ways to motivate your team during busy seasons, and then think of ways to thank staff after the busy season ends. As we are nearing…

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 new opportunities and allow for flexibility and growth. By following these six strategies, you will…

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 dealt with on behalf of the individual’s estate. These include arrangements for a funeral/celebration of…

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 March, we brought on a new Associate Partner, Whitney Sharkey, CPA CA. Whitney had been…

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! Here are some tips to help you get started: File on time Make sure to…

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 sports season! Whether you’re planning to travel to a new destination, spend time with friends…

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 the most common payroll mistakes. Not increasing minimum wages or vacation pay when legally required…

Business fraud is a scary term, and nobody thinks it can happen to them. Business fraud can be committed by employees, or can be committed against the business as a whole. In either case, this is a serious issue and it is crucial that business owners be aware and mindful of types of fraud in…