How a sole proprietorship and a corporation differ in Canada: tax, liability, cost and what changes in your books when you incorporate.

Goods shipped to the US and most services for US clients are zero-rated at 0% GST/HST. Here are the CRA conditions, the exceptions and the proof to keep.

Zero-rated and exempt sales both have no GST/HST on the invoice. Only one lets you claim input tax credits. Here is how to tell them apart.

How the GST/HST Quick Method works in 2026: who can use it, the remittance rates, a worked Ontario example and when it is a bad fit.

When your GST/HST return is due by reporting period, the June 15 rule for sole proprietors, and who pays quarterly instalments.

How long to keep receipts for the CRA, what each receipt must show, scanning rules, and what to do if a receipt goes missing.

A bookkeeper keeps your books and routine filings current. An accountant prepares year-end statements and tax returns. Here is who does what in Canada.

Years behind on your books? How catch-up bookkeeping works step by step, how far back to go, CRA late-filing penalties and the Voluntary Disclosures Program.

What the shareholder loan account is, what goes into it, and how the CRA one-year rule and 3% prescribed interest rate apply in 2026.

Selling to another province? Here is which GST/HST rate to charge in 2026 for goods and services, with examples and what to do if you got it wrong.

Input tax credits let a GST/HST registrant recover the tax paid on business purchases. What you can claim, what you cannot, and the receipts you need.

Salary or dividends? How each one works for a Canadian corporation owner: CPP, EI, RRSP room, T4 and T5 slips, and when a mix makes sense.

What monthly bookkeeping includes for a Canadian small business: the core services in every plan, the optional add-ons and what you still do yourself.

Our bookkeeping prices are published: pick a plan by transaction volume, add only the modules you need and see your monthly total before you call.

A reconciled file and the right documents. Plus every CRA deadline, and the step most businesses skip: posting the accountant's adjusting entries.

Profit and loss, balance sheet, cash flow - what each actually tells you, and why profitable businesses still run out of money.

Open a CRA payroll account, deduct CPP, EI and tax, remit on time, file T4s by the last day of February. The steps, with the 2026 numbers.

The $30,000 small supplier threshold, when the clock actually starts, which rate to charge, and whether the Quick Method is worth it.