As 2025 is winding to a close, many business owners are scrambling to make sure they’ve taken advantage of all possible deductions. Totally fair — no one wants to leave money on the table when it comes to tax savings. The good news? If you have employees, there are some fun and fully strategic ways…

Let’s be honest — most people struggle with record keeping. Between receipts, tax slips, financial statements, and digital documents scattered across inboxes and folders, staying organized can feel impossible. When tax season arrives, that chaos becomes even more stressful. On top of that, the world has become less secure. With cyber threats, phishing scams, and…

When it’s time to get a vehicle for your business, one key question arises – should you lease or buy? Each option has its pros and cons, and the best choice depends on your business’ needs, financial situation, and long-term goals. At Accent CPA, we know that this decision isn’t one-size-fits-all. Let’s break down the…

Summer in Manitoba often feels like the season of volunteering. Whether it’s golf tournaments, community events, or big fundraisers like the Amazing Race, our calendars are full of opportunities to give back. At Accent CPA, we know this firsthand – our team members regularly roll up their sleeves in Dauphin, Brandon, and beyond. From Rotary…

A Registered Education Savings Plan (RESP) is one of the most effective ways to save for a child’s education in Canada. But before you start contributing, it’s important to understand how the tax rules work.  Here’s a breakdown of what you need to know about the tax impact of an RESP. Contributions: No Tax Deduction,…

As a business owner, you wear a lot of hats. Some days you’re the CEO, the marketer, the customer service rep—and yes, sometimes even the bookkeeper. But let’s be honest: is bookkeeping really where your time is best spent? At Accent CPA, we believe that successful business owners thrive when they focus on what they…

One of the most important financial decisions you’ll make when setting up your business – or reviewing your corporate structure – is choosing the right fiscal year-end. While it might seem like a formality, the timing of your year-end can significantly affect your efficiency, tax planning, and the quality of service you receive from your…

It’s more common than you think. You’ve filed your personal income tax return, and then realize a slip is missing or forgot to claim expenses that could provide valuable tax savings. Don’t worry! Mistakes happen, and the good news is that the Canada Revenue Agency (CRA) allows you to make adjustments after filing. Here’s a…

Good record-keeping is more than just a regulatory requirement – it’s a cornerstone of any successful business. From making informed decisions to staying on top of your tax obligations, maintaining organized and accurate records can save time, reduce stress, and protect your business. Here’s why effective record-keeping matters and how you can improve your processes.…

As a business owner, managing taxes is a crucial part of maintaining profitability and growing your business. But navigating the complex world of corporate taxes can be challenging without the right expertise. That’s where Accent Accounting comes in – our team is here to help your business optimize tax savings and ensure you’re taking full…

Work-life balance is one of those elusive goals many of us strive for but often struggle to achieve. It’s about finding harmony between the demands of your professional life and the things that bring you joy outside of work—your family, hobbies, health, and personal growth. At Accent Accounting, we understand how challenging this can be,…

Incorporating your business is a major milestone that can open doors to new opportunities. Incorporation offers benefits like liability protection, tax advantages, and enhanced credibility, but the process can feel overwhelming if you’re unfamiliar with the steps. This guide will walk you through the key steps to incorporate your business in Manitoba, giving you the…

Navigating the tax responsibilities following the death of a loved one can be overwhelming, especially when dealing with the intricacies of filing a final T1 return and a T3 return. At Accent CPA, we specialize in providing comprehensive accounting and tax services for estates, ensuring that all tax obligations are fulfilled accurately and efficiently. Here’s…

If you’ve ever sold property or investments in Canada, you’re probably familiar with the concept of capital gains – the profit you make from selling an asset like real estate or other investments for more than you paid for it. What you might not know, however, is that under certain conditions, you may be able…

Starting your own business is exciting, but it can also feel overwhelming. From brainstorming your business idea to dealing with the legal and financial requirements, every step is crucial to setting yourself up for success. At Accent CPA, we understand the challenges new entrepreneurs face, especially here in Manitoba. That’s why we’ve compiled this guide…

Selecting the right corporate year-end is an important decision, as it can have significant tax, financial, and operational implications. While it may seem like a simple administrative choice, the timing of your fiscal year-end can impact cash flow, compliance requirements, and even your ability to plan effectively for the future. Here’s a breakdown of the…

Running a business often feels like wearing a hundred different hats – visionary, leader, accountant, marketer, and problem solver. Among these roles, one we rarely expect to play is fraud detective. But fraud is more common than most of us think, and it can happen to anyone – even the most diligent business owner. Let me…

Filing your taxes can be stressful, and the thought of having your return reviewed by the Canada Revenue Agency (CRA) might feel even more daunting. Understanding why the CRA might review your return and how to respond effectively can make the process far less intimidating. This guide explores the common triggers for a CRA review,…

If you’re a caregiver in Manitoba, you may be eligible for a tax credit that could help ease some of the financial burdens of providing care. The Manitoba Caregiver Tax Credit offers up to $1,400 in support for those who provide essential care to an eligible family member. What Is the Manitoba Caregiver Tax Credit?…

The Canadian housing market is a dynamic environment, and residential flipping—buying and reselling homes for profit—has become a common practice. To address the potential misuse of housing as an investment tool at the expense of affordability and fairness, the Canada Revenue Agency (CRA) has implemented specific rules and taxation guidelines around residential flipping. These rules…