The Big Friendly Bookkeeper

Stay connected for bookkeeping tips, business advice, and helpful resources to keep your finances on track and your business growing.

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Here are some questions you might want to ask your tax pro during tax season and beyond:

- Ask what deductions and credits may be available to you, such as home office expenses, business use of a vehicle, capital cost allowance, or eligible tax credits.

- Ask whether your situation benefits more from certain elections or deductions based on your income and business structure.

- Discuss any recent changes like incorporating, hiring employees, purchasing equipment, or changes in income and expenses, and how those affect your taxes.

- Ask what you can do differently this year to improve your tax position next year, including instalments, record keeping, or tax planning strategies.

- Finally, confirm the filing process. Ask how your return will be filed, what documents are needed, and whether they can support you if the CRA has questions later.

Have questions? Comment below or send us a message.

Here are some common examples of accounts to reconcile.

Reconciling these accounts regularly, such as monthly, helps ensure your numbers are accurate and your financial reports are reliable.

Follow our page for more tips to make running your business easier.

Have a question about your business? Drop it in the comments or send us a message.

A little consistency and clarity now can make a big difference for your business all year long.

When you commit to knowing your numbers, growth becomes much more intentional.

And we’re committed to making sure your numbers are clear, accurate, and easy to understand so you can make confident decisions and focus on growing your business.

Follow our page for stress-free and helpful tips for your business finances.

It’s not revenue...

It’s profit.

Profit shows that the business is actually working, not just busy.

It means...

- Expenses are under control
- Pricing is supporting the business
- There’s room to pay yourself and plan ahead

Seeing healthy profit tells me my clients can make decisions with confidence instead of guessing.

That’s when business feels lighter and more intentional.

If you’re not sure what your reports are really telling you, it may be time to take a closer look at your numbers.

Book a call with us to learn more!