Balancing the Books
Insights and Tips for Navigating Business and Finance
Latest article
If your corporation looks like an employee in disguise, the CRA can tax it at punishing rates. What a personal services business is and how to stay clear of it.
What bookkeeping actually costs, how to tell a good provider from a cheap one, the questions that reveal the difference,
How to pay yourself, what to do with retained profit, where the anti-avoidance rules sit, and how to position a
What a corporation actually owes, how the small business deduction works, which deadlines matter, and the traps that quietly turn
How self-employment income is taxed, what you can actually deduct, how depreciation works, and the records that make the difference
Everything an owner needs before the first paycheque goes out: opening a payroll account, calculating deductions, remitting on time, and
When you have to register, what rate to charge in each province, how to claim back the tax you paid,
Mark your calendar for the 2027 tax season. Every CRA deadline for the 2026 tax year — personal returns, self-employed,
Not sure whether your business needs a GST/HST number? Here’s the $30,000 small-supplier rule, when registration is mandatory vs. voluntary,
