AI at the service of accounting firms and their clients

Artificial intelligence (AI) is the hot topic of the moment… it’s on everyone’s lips and seems set to transform many fields: accounting firms will be no exception. What will be the impact of this technological advance on the services offered by accounting firms to their clients? Artificial intelligence in accounting firms These new technologies offer […]

The different versions of QuickBooks, how to choose?

In a generation in which companies must evolve at breakneck speed and competition is aggressive, business leaders must ask themselves how they can do more, better and for less! You need to maximize the quality and performance of your products and services, with the least amount of manpower possible, and as a manager, you’re no doubt increasingly faced with making important decisions to meet company objectives.

Anticipate your CUEC repayment!

Many of you requested and received assistance from various levels of government during the pandemic. While some assistance, such as the Canada Emergency Wage Subsidy (CESS), was non-refundable, this is not the case for all programs. Some of them now represent a debt on your company’s balance sheet, and you’ll have to make sure that […]

Technological developments in accounting systems

In a generation in which companies must evolve at breakneck speed and competition is aggressive, business leaders must ask themselves how they can do more, better and for less! You need to maximize the quality and performance of your products and services, with the least amount of manpower possible, and as a manager, you’re no doubt increasingly faced with making important decisions to meet company objectives.

Do you validate your suppliers’ tax numbers?

You should! Sales tax laws are often stricter than income tax laws. For example, for the same expense, for tax purposes, it may be sufficient to justify that the expense was incurred for business purposes for it to be deductible. However, for consumption tax purposes, there is a whole series of criteria that must be […]

Deferral of CUEC reimbursement

As announced at the start of 2022, the federal government recently made official the deferral of the refundable portion of the CUEC (Canadian Business Emergency Account) to December 31, 2023, rather than December 31, 2022. In doing so, the loan holders received a letter from their financial institution announcing the postponement to 2023 of the […]

Ministère des Finances makes adjustments to the QST system

The ministère des Finances is making adjustments to the QST regime to bring it into line with the e-commerce changes proposed in the April 19 federal budget. In addition, in order to simplify the QST registration process for persons who will be affected by the new e-commerce rules, it is proposed to reduce the amount […]

Is your work part of the on-demand economy? Here’s what you need to know

The on-demand economy depends on temporary and freelance work, or short-term contracts. If you communicate with your customers using online platforms or applications, such as Clickworker, Crowdsource or Fiverr, to provide them with your services, you’re usually considered self-employed rather than an employee. You can work anywhere, because online platforms enable you to stay in […]

Emergency Canadian Commercial Rental Assistance (ECCRA): ensure sales tax compliance

Canadian Emergency Commercial Rental Assistance (CECRA) What are the sales tax implications for landlords and tenants? COVID has meant a great deal of inconvenience for all taxpayers. Both levels of government have put in place a number of relief and assistance measures. We’d like to draw your attention to some special features of the Emergency […]