Accounting Blog

Welcome to our blog - an entrepreneur's guide on how to run a successful business in Alberta (or anywhere, really).

pricing strategies for small business

Pricing Strategies for Small Businesses: 5 Steps to Success

Ever tossed and turned at night, wondering if your business is charging the right price? It's a tough balancing act. Too low, and you’re leaving money on the table. Too ...
man deciding between Incorporation vs sole proprietorship

Incorporation vs Sole Proprietorship: 5 Factors To Decide What’s Best For Your Business

So, you want to go into business for yourself. Amazing! The decision to be your own boss is one of the most rewarding and exciting choices you'll ever make. We're ...
Man thinking about how to avoid hidden costs in construction projects

Hidden Costs in Construction: 5 Surprises That Could Kill Your Construction Business (& How to Avoid Them)

Running a small construction business is no easy task. You’re juggling tight deadlines, sourcing materials, and managing project timelines—all while trying to make a profit. But even the most well-run ...
corporate bookkeeping

Corporate Bookkeeping 101: Your Easy How-To Guide

Effective bookkeeping is the backbone of any successful business. Whether you need help with bookkeeping for small business or advice about corporate bookkeeping, we're here with all the crucial information ...
Man studying landscape resized

Should I Become an Accountant? NowCPA Answers 6 Top Questions (+ Our Best CPA Exam Tips)

So, you're considering different career pathways and you've arrived at the big question: Should I become an accountant? Welcome to the world of accounting, where numbers tell the story of ...
corporate tax obligations and requirements

Corporate Tax Obligations: What Are the Filing Requirements for a Corporation Operating a Small Business in Canada?

Are you considering operating your small business through a corporation in Canada? Perhaps you’ve already incorporated. Either way, if you want to be in the Canada Revenue Agency (CRA)’s good ...
GST Goods and Services Tax button for corporate bookkeeping

CRA Tax Payments: How To Pay Business Taxes in Canada for 2024/2025

If you have any experience paying taxes, you will know that paying federal or provincial taxes can be a pain. Paying your personal tax is simple: just add CRA as ...
Canada flag on coins background, finance and accounting, banking concept

Business Tax Instalments: What are They & Why Am I Required to Pay Them in Canada?

If you are reading this article, it is likely because you just finished your first year as a profitable business. So congratulations! You might be thinking: “I just paid my ...
A photo of an accountant reviewing salary vs dividends and explaining how to pay yourself from a corporation in Canada.

Salary vs Dividends: The Ultimate Guide on How to Pay Yourself From a Corporation in Canada

Which should I do: salary or dividends? It may seem like a simple question, but it’s one of the first that a new corporate business owner will ask (and probably ...