Blog

trillium-home-business-feature-image

How Does My Home Business Qualify For Tax Deductions In Canada?

Most small business owners in Canada know the standard deductions that maximize their business income. These well-known business expenses like travel costs and insurance premiums are pretty standard. But when these small businesses are run out of a residential property, the owner becomes eligible for more types of income tax deductions! Anyone operating a home …

How Does My Home Business Qualify For Tax Deductions In Canada? Read More »

bookkeepers

On Average, How Much Does It Cost To Hire A Monthly Bookkeeper?

If you’re like us and run a small business, you’re probably focused on building and growing. However, this can quickly lead to an obsession with the books: pouring over every invoice, bill, and expense sheet to make sure you aren’t spending too much or missing unnecessary risks. Please follow and like us:

trillium-businessman-feature-image

What’s The Difference Between Bookkeeping and Accounting?

One of the biggest misunderstandings about accounting and bookkeeping is that they’re the same job. While the two professions work very closely together and, in many cases (like at Trillium), under the same logo, their jobs and responsibilities are quite different.  Please follow and like us:

trillium-accountant-feature-image

When Should I Consider Outsourcing The Bookkeeping For My Small Business?

Whether to outsource bookkeeping to an outside firm or not is an important decision for any small business. There are good reasons to have professional eyes look over your books regardless of the size of your organization – for one thing, filing a tax return with incorrect financial statements can result in penalties from the …

When Should I Consider Outsourcing The Bookkeeping For My Small Business? Read More »

meals and entertainment blog

Meals and Entertainment

“Can I write off that golf game?” “I want to take a client out for drinks after work – is that against the rules?” “I’m buying staff pizza today, can I write that off?” “My wife and I run the family business and discuss it often on date night. Is that a business expense?” Meals …

Meals and Entertainment Read More »

calculator and paperwork

Important Notes on Bill 148

Bill 148 has made some sweeping changes to labour legislation in Ontario.  Here is a brief synopsis of the areas that all our small business clients need to be aware of.   Minimum Wage (Effective January 1, 2018) General:   $14.00 per hour Liquor Servers:    $12.20 per hour Students (Under 18)   $13.15 per hour …

Important Notes on Bill 148 Read More »

Call Now Button
Scroll to Top