The past year, I have noticed quite a few more requests from CRA to review medical expenses, donation receipts, and HST returns filed. The best thing for a business owner being audited is that they have been honest with their tax affairs. The second best thing is for the business owner to have a competent professional Vancouver accountant to assist
I am noticing the proliferation of hair salons in the Downtown Vancouver area and I can’t help but think that they are in for a challenging time. Retail commercial rent is sky high, escalating real estate price and cost of living in general has reduced the city’s discretionary income pool, and as a consequence Vancouverites are relocating to the more
One of my favorite parts of my university studies in the field of accounting was cost analysis and break-even analysis. When a B.C. business has been operating for a number of years and has been profitable, tax planning is always a priority and I am often not asked to improve the business. However, when a new client is a business
