Blog

Know Your Tax Laws, Keep Your Receipts, Document Your Activities

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

Read More

Vancouver Tax Tips: Business Expenses With Best ROI

Pre-requisite Expenditures For Business Success! Professional Vancouver Chartered Accountants have the privilege of seeing the detailed financial information of many profitable and sometimes not so profitable businesses. First and foremost, in order to be profitable, you need to be in an industry whose products and services are in demand. For example, the best TV repair guy cannot survive today regardless of

Read More

Due Diligence When Buying a Business in Vancouver B.C.

When Vancouver BC business is about to exchange hands, the seller of the business has a huge advantage over the buyer during the negotiation process. The seller, being the current operator of the business, has intimate knowledge of competition moving into the neighbourhood, revenue momentum, labour cost variability, profitability, and so on. In addition, the buyer can never be absolutely certain

Read More