Blog

With 2022 soon coming to an end, it’s time to start planning your accounting records for your year-end report.

Are you a small business owner? Do you own a portfolio of investments? If either of those rings true, you may have at one time or another wondered if a holding company is right for you.

Reviewing finances and accounting reports can help guide your business decisions and ultimately help you improve, grow, and expand your business. To prove just how valuable they are, let’s take a look at some of the ways accounting reports can help your business.

Bookkeeping is vital to the success of any business–big or small. It helps businesses effectively manage available resources, plan for the future, and stay well informed about the financial health of their company. Let’s spend some time going over what exactly this accounting process entails.

Running a business is hard enough. Beside the every-day tasks business owners take on, accounting can be one of the most difficult chores to accomplish. To equip you with the tools to increase the ease of your business efforts, this blog will cover 5 common accounting mistakes and how to avoid them.

If you or someone you know has received a letter from the CRA regarding a CERB overpayment, you may be responsible for paying some or all of it back to avoid legal and financial consequences.

To help you feel more confident about managing your businesses finances, DiPaola Di Pietro & Little Professional Corporation have created a list of 20 basic accounting terms along with their definitions and abbreviations. You can review them all now–or bookmark and save them for later!

There is a common misconception that only the wealthy need to worry about estate planning. But this couldn’t be farther from the truth. Whether you’re old or young, wealthy or middle class, chances are you could benefit from an estate plan.

In this blog, we’ll discuss who is required to file an income tax return, the advantages of filing and some penalties you may be faced with if you file a return late.

Canada’s 2022 tax deadline is fast approaching. In advance of April 30, we wanted to take some time to explain some of the benefits of registering for the CRA My Account service.