Yes, if you use your personal vehicle for business purposes, a portion of your expenses could qualify as a tax deduction. However, this depends on how your business is structured (sole proprietor vs. corporation), and it's important to track your mileage and expenses accurately.

Bookkeeping is the backbone of your business finances. It's the daily task of recording, categorizing, and organizing every financial transaction your business makes. From tracking sales to managing expenses, your bookkeeper ensures that every dollar is accounted for. If bookkeeping is neglected, you can face a number of financial nightmares—think surprise tax bills, missed deductions, and even potential audits. And no one likes those, right?

Embarking on the path of entrepreneurship is an exhilarating and fulfilling experience, but it can also be a lonely one. As a small business owner, you often find yourself immersed in a sea of responsibilities and challenges, leaving little room for connection with like-minded individuals. Does that ring true to you?

Are you ready to explore the world of health benefits and discover how they can revolutionize your self-employed journey? As an experienced Calgary accountant, I'm here to shed light on health benefits in Canada, why it's crucial to invest in them, and how prioritizing your well-being directly impacts your business success. So, grab your pen and paper, and let's dive into the realm of health benefits for Canadian entrepreneurs!

We need to have a conversation about assets vs. expenses because I’m seeing far too many people spend excessively assuming their purchase can just be written off.

In this blog I’ll break down the exact difference between assets and expenses so you can make empowered decisions in your business!

As creative small business owners, we sometimes tend to put our hearts ahead of our money mindset, leaving money on the table.

I’m here to tell you that it’s a-ok to start thinking with a profit-first frame of mind within your business.

In this blog I’ll walk you through the profit formula, how to win the pricing game, and ways to increase your profits.

Small business owners get to experience the freedom of self-employment, but that doesn’t mean they’re exempt from ‘rainy days.’

A rainy day could show up in the form of an unexpected, unavoidable expense. Or it could turn into a rainy MONTH if you’re unable to work and don’t have any source of income for the time being.

In this blog I’m covering a few strategies to build up your savings account and confidently navigate through an unexpected storm.

What do you say we commit to showing next tax season who’s boss by showing up more prepared than ever? Here’s how we can make it happen by utilizing 3 things every small business owner needs in their accounting arsenal.