Access to Accounting and Tax Related information for Small Business owners can be difficult to find.

We believe Small Business Owners spend far too much of their time and resources trying to obtain accurate, timely financial information; We also believe that by providing these same small business owners with a single point of contact for all the financial requirements of their business will improve the quality of the financial information they receive and thereby increase their bottom line.

That is why we here at Ledgers continually post information and informative articles to help you.

Written in clear, plain English, we give you the information you need to grow a successful business.

Would you like to receive articles similar to these in your inbox each month?

You can subscribe to our newsletter here: https://ledgers.com/contact/

If you have questions, or an article you would like to see, let us know.

If you are looking for specific Accounting and Tax Related Information, let us know.

Did you know that the CRA has some really informative information on their website? Check it out here: https://www.canada.ca/en/revenue-agency.html

Looking for a Ledgers location near you? Find us here: https://ledgers.com/our-locations/

Do Your Own Bookkeeping

Do Your Own Bookkeeping?

So, you have started your own business, congratulations. Now, you have decided to Do Your Own Bookkeeping; after all, all of the software providers make it clear that anyone can do it. Have you heard the expression “A lawyer that represents themselves has a...

Continue Reading
Real Estate Agents Are Self-Employed

Real Estate Agents Are Self-Employed

Real Estate Sales Agents are considered to be self-employed by CRA. As a self-employed individual, you are entitled to claim all expenses that directly relate to your earning income from your profession… Ledgers Professionals know the deductions you can claim, the tax credits you...

Continue Reading
Salary vs. Dividends What is Best for You?

Salary vs. Dividends What is Best for You?

Salary vs Dividends What is Best for You? Before you decide,  it is important to first understand what exactly dividends are; Generally speaking, Dividends are amounts paid to the Shareholders (owners) of a Corporation from the Retained Earnings of that Corporation. Retained Earnings are...

Continue Reading
CRA Audits and Requirements

CRA Audits and Requirements

CRA Audits and Requirements, What Can the Auditor Ask For? Understanding what the CRA can ask for from you and others (your accountant, your employer, your bank etc.) can assist you in preparing for your Audit and getting out of it as cleanly as...

Continue Reading
What Prompts a CRA Audit?

What Prompts an Audit by the CRA?

We are continually asked “What Prompts an Audit by the CRA?” With the rash of recent client reviews and audits by the CRA, we provide the following information for your review. The CRA is getting extremely aggressive and causing a great deal of trouble...

Continue Reading