Entries by Angela Richardson

Pay Real Estate Taxes as a Real Estate Investor

Property taxes are levied on the value of real property, including land, buildings, and any improvements made to the property. The amount of tax owed is based on the assessed value of the property and the tax rate set by the local government. Property tax bills are typically issued annually by the local tax authority […]

Why You Should Hire an Ecommerce Accountant

In today’s digital age, ecommerce businesses are thriving more than ever. With platforms like Amazon and Shopify making it easier for individuals to set up their own online stores, the competition in the market has become fierce. In order to stay ahead and manage your finances effectively, it is crucial to hire an ecommerce accountant. […]

Common GST/HST Errors For Small Businesses

What are the common GST/HST errors That Small Businesses Make? Running a small business can be both rewarding and challenging. One of the challenges that small business owners face is managing their tax obligations. In Canada, small businesses are required to comply with the Goods and Services Tax (GST) and/or Harmonized Sales Tax (HST) regulations. […]

Canadian First Home Savings Account – What You NEED to Know

The Canadian First Home Savings Account will soon be available to Canadians looking to buy a home and we have a breakdown of what it is for you. Don’t worry, it’s not another useless bank account. If you’re a first-time homebuyer in Canada, you may want to consider opening a First Home Savings Account (FHSA). […]

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Why Your Business Needs To Hire a CPA in Edmonton

Reasons Why Your Business Needs To Hire a CPA in Edmonton Running a business involves various decisions and responsibilities, including finances and taxes. As a business owner, it can be challenging to keep up with the complicated rules and regulations surrounding financial and tax processes. To manage these important aspects of your business, you may […]

How to Register for GST/HST in Canada for Your Small Business

Starting a small business in Canada requires careful planning and attention to various legal requirements. One important step in this process is registering for a Business Number with the Canada Revenue Agency (CRA). In addition, depending on the nature of your business, you may also need to register for the Goods and Services Tax (GST) […]

Filling and Paying Corporate Tax in Canada

Welcome to our guide on filling and paying corporate tax in Canada. In this article, we will provide you with all the information you need to know about corporate tax returns, filing deadlines, common mistakes to avoid, and available deductions or credits. So let’s dive in and explore the world of corporate taxation. What is […]

Bookkeeping Year-End Checklist

Do you have a bookkeeper or an in-house accounting team? RM LLP – In-House Corporate Year End Checklist Fantastic! This list will give you an idea of the specific things you should review and gather. Every business is unique. We’d be happy to help you tailor your year-end to-do list to specifically suit your company. […]

Year-End Accounting Checklist

Happy Fiscal New Year! It’s time to prepare your documents so we can complete your year-end filings. Here is a handy to-do checklist to help you compile your documents. This list is by no means suitable for every business, but it will give you an idea of the typical items required to compile financial statements […]

9 Steps for Small Business Owners Financial Planning

Owning a small business is a dream for people looking for the freedom to be their own boss and work to better themselves. Owning a small business can be very rewarding yet challenging at the same time. To succeed in the current economic climate, an equal amount of effort must go into a small business […]