With the economy still in flux, a lot of people want to know how to protect themselves if they lose hours or their whole job. Workers should know that they can still pull some of their unemployment benefits while working reduced hours. In Canada, these are colloquially referred to as “partial unemployment benefits.”
What’s The Deal With Partial Unemployment Benefits? Read More »
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 »
One way small businesses can save money is by outsourcing their human resources services. Companies can bring in an outside company to make their HR function rather than hiring an internal employee or team to do it.
Preparing To Outsource Human Resources: Four Tips To Ease The Transition Read More »
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.
On Average, How Much Does It Cost To Hire A Monthly Bookkeeper? Read More »
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.
What’s The Difference Between Bookkeeping and Accounting? Read More »
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 »
There are many advantages to hiring an outside bookkeeping service. Maybe your company is growing, and you’re having trouble keeping track of all the documents related to your finances; maybe the programs you need to file taxes, take care of payroll, and handle HR have you at your wits’ end; and maybe you hate numbers!
What Are The Major Benefits To Hiring Bookkeeping Services? Read More »
“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 »
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 »
Are you looking for a job? Here are some hints that might help you out: a) Proof Read your Resume. I’ve filed at least 20 in the garbage can this week because they can’t format a resume or spell correctly. This is very important in an office job! b) Follow up. It doesn’t
Job Search Tips and Pointers Read More »
