Small Business Success:  Be a Bookkeeping Rock Star

As a small business owner, you may find certain aspects of your job glamorous.  A speaking engagement, recognition by an industry heavyweight, a television appearance, etc.  It’s a pretty safe bet that “bookkeeping” will never make that list.  While it’s not sexy, a commitment to bookkeeping and a reputable bookkeeping service is an essential component Read More

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By |February 17th, 2015|Small Business Tips, SmallBiz Builder|

2015 Automobile Deduction Limits for Business

The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes remains at $30,000(plus applicable federal and provincial sales taxes) for purchases after 2002. This ceiling restricts the cost of a vehicle on which CCA may be claimed for business purposes.

The limit on deductible leasing costs remains at $800 per month(plus Read More

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By |February 6th, 2015|Small Business Tips, SmallBiz Builder, Tax Tips|