How does Covid-19 Impact Your Company Holiday Plans?
December 2020 corporate celebrations will be drastically different than previous years. Would you typically host a party for your staff and their spouses?
These types of events are either…
GST QUICK METHOD
If your business is operating at revenue of $400,000 or less, you need to stop what you are doing and read this!
Canada Revenue Agency (CRA) offers an elective GST filing method for small businesses who have less than $400,000…
The holiday season is fast approaching. With 2020 providing us ample opportunity for re-evaluating our values and priorities, have your corporate holiday plans changed? What are your plans for gifting to your employees?
Here are the rules:
https://rmllp.ca/wp-content/uploads/2020/12/rmllp-edmonton-accountant-blog-creative-gifts-01.jpg4281099Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2020-11-14 17:29:192020-12-12 17:35:53Creative Gifts for Employees
That’s right. No auto-correct here—I meant it. With many cities implementing mandatory masks in public, we are missing out on a significant portion of our non-verbal communication options. Many of us can admit to over…
The COVID-19 pandemic and resulting lockdowns have brought on a huge shift for people to work from home. Several business leaders have determined that having employees work from home is entirely possible and a great way to reduce overhead costs.…
https://rmllp.ca/wp-content/uploads/2020/10/working-from-home-rmllp-edmonton-accountant.jpg4281099Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2020-10-19 08:13:182020-10-19 22:29:40Working From Home
We’re still open and here to help. We are just not taking face to face meetings. We can do a lot via email and our secure online portal.
With the extended tax deadline, we’d encourage people NOT to wait to get their personal taxes…
What does CRA require of an employer?
If you are a business owner and have employees, you know the challenges that can come with managing people. Hiring the right people, maintaining schedules, workloads, employment standards, and conflict…
https://rmllp.ca/wp-content/uploads/2019/11/cra_employer_responsbility.png428860Bobi Millerhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngBobi Miller2019-11-12 11:54:402019-11-06 13:30:05Being the Boss is a Lot of Work!
Have you heard of the T5018 slip?
Did you know that if your business is operating in the construction industry, you may be required to file an annual T5018 Statement of Contractor Payments with Canada Revenue Agency (CRA)?
https://rmllp.ca/wp-content/uploads/2019/10/contractor.png431864Bobi Millerhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngBobi Miller2019-10-15 13:56:482019-10-31 14:13:21Contractor Reporting – The T5018 Slip
What constitutes a business expense?
I get this question ALL the time from my business clients.
As a general rule, expenses must be incurred with the purpose of earning business income. The expenses must be reasonable and justifiable. I’ve…
https://rmllp.ca/wp-content/uploads/2019/09/business_expense.png426861Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2019-09-16 09:42:182019-11-07 15:01:31What Can I Expense Through My Corporation?
Choosing the right account is important.
In a previous article, I discussed what CPA means and why it is important to choose an accountant with the CPA designation. Now I want to talk about other considerations when choosing an CPA that is…
https://rmllp.ca/wp-content/uploads/2019/08/Choosing_your_accountant.png427858Bobi Millerhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngBobi Miller2019-08-14 11:07:082019-10-23 15:22:00Choosing Your Accountant
CPA makes a difference in your protection
Have you ever looked for an accounting firm and been overwhelmed by the number of businesses to choose from? Have you ever noticed some of these companies are Chartered Professional Accountants and…
https://rmllp.ca/wp-content/uploads/2019/06/What-does-CPA-mean.jpg6281200Bobi Millerhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngBobi Miller2019-06-15 10:48:292019-09-03 15:05:01What does CPA mean?
Getting paid should be easy.
Many entrepreneurs struggle with cash flow and wish they had more money in the bank. One of the most significant keys maintaining a healthy cash balance is collecting accounts receivable in a timely manner.
Profit and Loss Statements Don't Tell The Whole Story
Your profit and loss statement showing you positive numbers. Yet you are struggling to find the cash to pay your bills on time. Or perhaps your sales volume has increased but you have less…
https://rmllp.ca/wp-content/uploads/2019/04/blog-real-estate-investing-who-when-and-how.jpeg462822Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2019-04-02 10:07:312019-08-26 12:38:28My Company is Profitable… So WHY AM I BROKE???
Is your choice of Corporate Year End timing critical?
You’ve incorporated… did you know that you can CHOOSE when your year-end can be? It’s true! You do not have to have a December 31 year end. This is a very common misconception.
https://rmllp.ca/wp-content/uploads/2019/02/calendar.jpg8001200Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2019-03-04 12:52:582019-08-20 07:21:13How To Choose a Corporate Year End
New Entrepreneur Check List:
Brilliant idea? Check.
Endless passion? Check.
Supernatural ambition? Check.
Nerves of steel? Check.
A clear vision of success? Check.
An accountant? …. WHAT? WHY? …I haven’t…
https://rmllp.ca/wp-content/uploads/2019/02/Starting-new-business.jpg6861200Angela Richardsonhttps://rmllp.ca/wp-content/uploads/2018/12/rm-llp-logo-colour.pngAngela Richardson2019-02-11 11:44:442019-03-12 08:25:09Why Enlist an Accountant from Day One
#209, 16504 – 118 Avenue
Edmonton, Alberta T5V 1C8
8:30 am – 4:30 pm
Sat – Sun & Holidays:
Edmonton Chartered Professional Accountants. An experienced, knowledgeable professional accountant is an integral part of a successful entrepreneurial team. We offer clear, understandable accounting advice.
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