The Art of Payroll from The Art of Accounting and Wagepoint

I can honestly say with pride and excitement, our clients’ payroll at year-end is uneventful. Our clients know their T4 and T4 Summary will be done and that their employees can access their T4 via their own portal. This saves a ton of time for everyone! Small businesses are the heartbeat of the economy, and …

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End the Administrative Madness with Practice Ignition!

The Challenge of Managing Clients There’s a new way to handle client acquisition and management. It’s a third party app, easily integrated with QuickBooks, called Practice Ignition. Here’s how it works: Create a Proposal in 5 Minutes Drag and drop services and pricing from your library in a couple of clicks, automatically include your terms …

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Participants Review QuickBooks Online Certification Training at QuickBooks Connect

QuickBooks Online Certification training results were fantastic, with above average speaker and session ratings (4.79 out of 5 and 4.74 out of 5 respectively) for Gisèle Doucet. Here are a few of the kind and generous comments offered by participants following QuickBooks Online Certification training: •  As a small business user this was very insightful. …

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Helpful Resources for Calculating Canadian Employee Taxable Benefits

It’s T-4 time (again)! Trying to determine what qualifies as a taxable benefit or allowance is complicated! Then you have to determine whether you should deduct CPP and EI. What about GST/HST – should you include the tax in the value of the taxable benefit for income tax purposes? T-4 time can be like opening …

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Chris Hadfield and Me at QuickBooks Connect!

This year’s QuickBooks Connect event was yet another huge success! My breakout sessions, QuickBooks Online Core Certification Part 1 and Part 2 were attended by more than 150 QuickBooks users looking to advance their knowledge and sharpen their skills. The only way to top this year’s event was the honour and privilege of meeting first …

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Feedback from Grow Your Practice Training Session

Good Things Happen When People Come Together to Learn.   Gisele Doucet from The Art of Accounting recently facilitated a How to Grow Your Practice training session specifically for Bookkeepers and Accountants. Here are a few of the comments we heard:   I enjoyed the networking opportunity and interaction with other like-minded participants. You [Gisele] …

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End of Year Tax Planning for Ontario Business Owners

Help With Tax Planning Strategies… As we close out another calendar year, smart business owners are thinking about compensation and tax planning strategies. If your business/corporation has generated a profit, you have some decisions to make. The disbursement or distribution of profits could be: Taken as a salary or bonus – by you Left in …

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Ontario Ministry of Labour Small Business Resources

Do you Know the Rules? Small businesses represent 95% of all employers in Ontario, and they employ 28% of Ontario’s workers. Business owners know that running a business involves risks and costs and that a commitment to health, safety and fairness makes good business sense. Explore the Ontario Ministry of Labour Small Business Resources links …

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QuickBooks Online Helps Business Owners See the Future – Today!

News from your Cloud Accounting Experts at The Art of Accounting. We have been watching a shift take place in the world of business. More and more companies are wanting to set up QuickBooks Online along with apps that meet their specific needs. Why? They want better workflow and less paper. Business owners are looking …

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Why QuickBooks Online is Better

Dust Settles… We Don’t! (We never settle for second-best. That’s why we use QuickBooks Online!) Why choose QBO? If you’re searching online for cloud accounting software for small business in Canada, QuickBooks will pop up in first place on your screen. There is a reason for that.  It’s awesome! We keep saying it over and …

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Expensing Mileage Doesn’t Have to Drive You Around the Bend!

“I don’t know what lies around the bend, but I’m going to believe that the best does.” – Anne of Green Gables, L.M. Montgomery Submitting mileage expenses can get a little complicated. When it comes to motor vehicle expenses, CRA has strict guidelines. Trying to keep everything in order can drive you around the bend! …

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Budgeting: It Pays to be Prepared

Budgeting: It Pays to be Prepared Healthy businesses have a good idea of what they can expect financially in the coming year. There will always be exceptions to the rule as some industries are unpredictable by nature, or simply because a business is too new to evaluate accurately. However, in general, it is wise to …

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