Are you eligible for SR&ED tax credits?

Are you eligible for SR&ED tax credits?

Have you heard of the SR&ED tax credits? Are you wondering if you are eligible? Before you can make a determination about eligibility, you should understand what SR&ED tax credits are, and whom they serve. What is SR&ED? The Canadian Scientific Research and Experimental Development Tax Incentive Program (SR&ED) provides support in the form of […]

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Choosing Accounting Software? 5 Things to Consider Before You Commit

Accounting Software

These days, there are dozens of accounting software solutions from which to choose. But not all tools are created equal, and it is important that you take into consideration your unique needs and interests before you commit. In fact, choosing the right accounting software can sometimes distinguish businesses that are profitable from those that are […]

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How to Determine Your Fiscal Year End

This might come as a surprise, but not every company marks their fiscal year end on December 31st. In fact, companies choose dates (often arbitrarily) across all twelve months of the year. Usually, the fiscal year end is determined amidst the hustle and bustle of launching a business, without much consideration or strategy. But in […]

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5 Key Benefits of a Financial Audit to Raise Capital

Businesses that are just starting out or who are in their early years of operations almost always need one thing – capital. If you have reached a point where you need to consider raising capital to move forward, it’s time to consider a financial risk assurance audit. While it may seem counter productive to pay […]

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Maximizing Those Profits – Understanding Capital Gains

Every year around budget time you will hear the federal finance minister tout Canada’s capital gains tax as a key fiscal tool – a tax on the appreciated value of assets that, because of its favourable rate, provides Canadians with an incentive to invest their money and make it grow. And that’s somewhat true – […]

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What’s Your Company Worth? Determining Business Value

Whether you are a company owner or an investor, you have certainly sat down and done your best to determine the business value. It’s the exercise that business analysts refer to a “Private Company Valuation,” which simply means determining the overall business value. In many ways, determining the value of something essentially boils down to […]

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