When Incorporating is wrong for you: Personal Services Business
What does Personal Services Business and incorporation have to do with each other? First, let's understand what a PSB is. CRA considers a...
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THE BLOSSOM BLOG
Updates, thoughts, and news about changes that could affect your business.
etel750
- Aug 15
- 2 min
5 Reasons to work with an Accountant firm that exclusively supports Interior Designers & Architects
You are looking for a new accountant for your Interior Design Studio or Architect Firm. You realize that your business no longer needs: A...
13 views
etel750
- Jul 7
- 2 min
6 Business Tips to Deal with Inflation
INFLATION - you hear this word everywhere you go lately - well, inflation and increases in interest rates- Let's talk about how to...
8 views
etel750
- May 10
- 3 min
What will you do BETTER to prepare for the next tax season?
#taxes #bookkeeping #bookkeepingservices #taxobligations #taxdeductions #businessmileage #RRSPcontribution #incorporate Congrats! You...
4 views
etel750
- Apr 3
- 4 min
What these two Financial Statements are trying to tell you...
As a business owner, you need to refer to and rely on your business financial statements to make decisions and assess how your business...
3 views
Etel Igreda - Blossom CPA Director
- Mar 1
- 4 min
Health Checkup for your business: Four Business Margins and Ratios you must know
#businessmetrics #businesstips #grossprofit #netincome #currentratio #businessowner You received a set of financial statements from your...
6 views
etel750
- Feb 7
- 2 min
Do not lose access to your CRA My Account (for Individuals)! Changes in effect.
#cramyaccount #CRAindividuals #changes #taxseason2021 #CRA CRA is changing how CRA communicates with individual taxpayers. As of...
7 views
etel750
- Jan 9
- 3 min
Working From Home in 2021? WFH Tax Deduction announced!
Like many Canadians, we all had to spend a great deal of time working from home in 2021. And as the year wraps you you may be wondering...
10 views
etel750
- Dec 14, 2021
- 2 min
How to select the right software for your business
#software #accountingsoftware #businesstips We are constantly looking for ways to optimize our workflows and ensure that we have...
10 views
etel750
- Dec 4, 2021
- 3 min
Setting up for 2022
#goalsetting #businesstips #projections #swotanalysis We encourage you to set some time to create goals for 2022. The process we share...
10 views
etel750
- Dec 4, 2021
- 2 min
Repayment Tips for Canada Emergency Business Account - CEBA?
#businesssubsidies #deadlines #bookkeeping #repaymentplans If your business received a business loan under the CEBA government initiative...
103 views
etel750
- Dec 4, 2021
- 2 min
What to do when you are transitioning from a Sole Proprietorship to a Corporation
#incorporate #tipstoincorporate #businesstips #closingsoleproprietorship #ontario Exciting times ahead! You are considering transitioning...
11 views