A letter from the Canada Revenue Agency  (CRA) can make even the most confident business owner uneasy. While audits are a normal part of Canada’s tax system, many are triggered by common, avoidable issues. Understanding what the CRA typically audits—and how a professional accounting firm responds—can turn a stressful situation into a manageable, even routine, process. Below is a clear, practical breakdown of the most common CRA audit areas , why they raise red flags   and app

Calgary has long been the beating heart of Canada’s energy economy. With headquarters for major oil & gas companies in Calgary and growing interest in mining and transition minerals, the city attracts both capital and scrutiny. For mid-market players, geology and engineering may drive production, but capital discipline  is what keeps lenders and investors engaged. For many businesses, building a full-time finance team isn’t realistic. That’s why more companies are turning to

As small businesses and entrepreneurs look for smarter ways to manage their finances, QuickBooks Online (QBO)  has become one of the most...

Are you making the most of your accounting software? Whether you're a startup, freelancer, or growing company, QuickBooks Online (QBO) ...

What is a Fractional CFO and Why Your Business Needs One In the competitive world of business, you don’t have to be a big corporation to...

Many Canadian business owners try to handle their own bookkeeping to save money. While this may seem like a smart move, DIY bookkeeping...