Blog Posts Waterdown Bookkeeping and Accounting

May 31, 2021

Emigration and Immigration.

Coming or leaving from Canada, are you aware of your tax obligations? • Immigrating to Canada There can be significant income tax implications of immigrating to […]
May 27, 2021
GST HST Waterdown bookkeeping and accounting

Do I Have to Charge HST/GST?

Are you worried about the tax implications of your business & the rules of HST/GST can be complicated to understand, so let us break it down […]
May 25, 2021

Tax Deductions From Income Commission.

Paying an employee commission or salary plus commission, his or her pay is taxed in one of the following ways: Employees who earn commission with expenses: […]
May 24, 2021

Why Accountants Should Encourage Small Business Owners to Adopt Standard Financial Statements.

1 Financial Statements are Expected. Financial statements are expected to have financial statements. Due to the role that financial statements play in bridging the information gap, […]
May 21, 2021

3 Reasons To File Your Tax Return – Even After The Deadline.

While the April 30, 2021 deadline for individuals to file their 2020 tax return has come and already gone, the Canada Revenue Agency (CRA) would like […]
May 20, 2021

Canada Recovery Sickness Benefit (CRSB).

The Canada Recovery Sickness Benefit (CRSB) gives income support to employed and self-employed individuals who are unable to work because they are sick or need to […]
May 19, 2021

The Tax-Free Savings Account

Saving just got a whole lot easier! The Tax-Free Savings Account (TFSA) program began in 2009. It is a way for individuals who are 18 and […]
May 18, 2021


Here are some tips to help you be more efficient with bookkeeping: 1. Use cloud-based bookkeeping software. There are a couple of advantages to using online […]
May 17, 2021

Why We Love Cloud Accounting.

We love cloud accounting because it’s always going to be up-to-date. Forever forget about downloading software and upgrading with every new release. With cloud accounting software, […]