Cash Flow Headaches in your Interior Design business?
Cash flow issues are common for interior designers due to irregular project timelines, delayed client payments, and high upfront costs...
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THE BLOSSOM BLOG
Updates, thoughts, and news that may interest any business owner in the Design and Build industry
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Making the Switch easy as 1,2,3 from Sole Proprietorship to Corporation
Exciting times ahead! You are considering transitioning your business from a Sole Proprietorship (SP) to a Corporation. You are about to...
Stop being your business's worst enemy now!
Business owners frequently express to me, "I am my business's biggest obstacle ". We hope that after reading this blog you find the...
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etel750
- Jun 13
- 3 min
Making the Switch easy as 1,2,3 from Sole Proprietorship to Corporation
Exciting times ahead! You are considering transitioning your business from a Sole Proprietorship (SP) to a Corporation. You are about to...
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etel750
- Nov 20, 2023
- 2 min
What we all can learn from Shakira's tax evasion case
Shakira has just settled her tax evasion case by admitting wrongdoing and choosing to settle the matter. Hacienda (the Spanish Tax...
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etel750
- Aug 14, 2023
- 3 min
Find Financial Clarity: Elevate Your Game with Stellar Bookkeeping
Hiring the right bookkeeping team can bring numerous benefits to your design business finances. Here are some reasons why you should...
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etel750
- Jan 6, 2023
- 1 min
2023 Canadian Tax Deadlines
Put these dates on your phone or calendar app of your choice. Preparation is key. Sole Proprietorship in 2022: The filing deadline is...
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etel750
- Sep 19, 2022
- 2 min
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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etel750
- Aug 15, 2022
- 2 min
5 Reasons to work with an Accounting 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...
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etel750
- May 10, 2022
- 2 min
How Will You Prepare Smarter for Next Tax Season?
Congratulations! You Filed your last Year's personal taxes (or not) and you are wondering how to make this process easier. The process...
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etel750
- Apr 3, 2022
- 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...
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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...
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etel750
- Nov 9, 2021
- 2 min
Dealing with Clients Deposits or Retainers
#interiordesigners #architects #builders #accounting #accountingforprojects Wondering how #clientdeposits should be treated in your...
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Etel Igreda - Blossom CPA Director
- Mar 2, 2021
- 2 min
New Home Office Expense Claim Methods
After much anticipation CRA delivered two methodologies available to claim Home Office Expenses for 2020: Simplified vs Detailed. In the...
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Etel Igreda - Blossom CPA Director
- Dec 1, 2020
- 2 min
Ten Tips for closing 2020 and starting 2021 right!
In our last 2020 blog, we want to leave you with my top ten recommendations to close the year with confidence and start a plan of action...
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Etel Igreda - Blossom CPA Director
- Nov 3, 2020
- 2 min
Canada Emergency Rent Subsidy (CERS)
The new CERS (the previous version known as CECRA) will provide direct rent and mortgage interest support to tenants and property owners...
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Etel Igreda - Blossom CPA Director
- Sep 8, 2020
- 1 min
New CRA requirements for Corporations
CRA has started to send letters to corporations requesting shareholders' information. Schedule 50 in the corporate tax return is...
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Etel Igreda - Blossom CPA Director
- Oct 13, 2019
- 1 min
What is a Modern Accountant?
View this post on Instagram . A modern accountant is mindful, open to change and curious. She knows that she doesn’t know it all and she...
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Etel Igreda - Blossom CPA Director
- Oct 13, 2019
- 1 min
CPA Conference: Shaping the Modern Accountant through AI
View this post on Instagram . Lots of great insight about how CPAs must embrace Artificial Intelligence. . #artificialintelligence...
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Etel Igreda - Blossom CPA Director
- Oct 13, 2019
- 1 min
Accounting And Finance Show – 2019
View this post on Instagram The Accounting and Finance Show in #toronto had a cozy set up with half an hour presentations and round table...
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