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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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Tax Tips for Small Business Owners: How to Lower Your Tax Bill and Stay Ready for Next Year
Tax season may have just ended, but that makes now the perfect time to get ahead for next year—especially if you're a small business...


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...


Dealing with Clients Deposits or Retainers
#interiordesigners #architects #builders #accounting #accountingforprojects Wondering how #clientdeposits should be treated in your...


Smart Designers Know: Flat Fees Aren’t for Every Project
Flat fees can be great—but they’re not always the right choice. Here are situations where you should avoid offering a flat fee  as an...


7 Accounting tips for Designers, Architects and Contractors to Prepare for Year End
As we usher in the new year and close out 2024, it’s time to ensure your finances are organized and ready for a fresh start. For design...


Financial Clarity with the Profit & Loss Generator: A Simple Solution for Solopreneurs
Are you a business owner juggling every part of your business, from client work to admin, with no accounting software or one that feels impo
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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...
etel750
Nov 20, 20232 min read
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Do not lose access to your CRA My Account (for Individuals)! Changes in effect.
CRA is changing how CRA communicates with individual taxpayers. As of February 7, 2022, all My Account users (CRA Online account for...
etel750
Feb 7, 20222 min read
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