Why Professional Accounting Should Be the Last Business Expense You Cut Many small to medium business owners are having a tough go of it in Alberta's post-boom landscape. When the road gets rocky, all a company can do is to keep their bottom-line ...
Many of us have encountered those nasty phone calls from menacing people with thick, foreign accents claiming to be from Revenue Canada and threatening jail or worse if we don't send them money immediately. It is a scam of which I warned my clients ...
It is important to Canadians to take care of those who are most vulnerable in our society. In fact, our country has recently been named one of the most socially progressive nations on the planet (second only to Finland in this ranking according this National ...
The Canada Revenue Agency is, of course, the federal government department responsible for collecting income taxes, along with a myriad of other revenue sources. Given their mandate, though, it may seem odd to some a person's name is part of their ...
The vast majority of us have at least one acquaintance that has horror stories of being put through the ringer of a Canadian Revenue Agency audit. It’s not just the high flying, big money types that attract the attention of the CRA police, however. ...
We make a living by what we get. We make a life by what we give. – Winston Churchill As a CPA, CA who dedicates a significant portion of my practice advising local non-profits with tax concerns and Society’s Act reporting, I come into contact ...
"Why did the Chartered Professional Accountant cross the road? To bore people on the other side." In case you were wondering, the surprising truth is the well-respected CPA, CA pals you know have probably already heard the "awesome" accounting joke you'd ...
What to do if a caller claims to be with the Canada Revenue Agency
Wednesday, October 14, 2015
A Timely Heads Up About a Taxing Issue Ever mindful of accounting issues that could affect her customers and friends alike, Leduc-area Chartered Professional Accountant, Melanie (just call me "Mel") Gesy has sounded an alarm regarding numerous reports ...
Self-Incorporation is Risky Business Meet Buddy. He has a day job as a shipper/receiver but is working to free himself from the yoke of corporate oppression by becoming his own boss as a businessman with a brand new product. He is certain this new product, ...
Photo: How Volunteers Manage Accounting Documents Without Mel's Advice
Wednesday, July 29, 2015
Leduc-Area Volunteers Embrace Many Principles; Just Not Accounting Ones
The Alberta Societies Act stipulates that every non-profit group that has gained society status must maintain strict accounting of their financial dealings. This is to prevent fraud ...
