Articles

Our Articles , will keep you up-to-date on a broad range of Accounting and business advisory news.

Small Business Deduction (SBD)

Small business tax in Canada can be a complex and confusing topic for entrepreneurs. However, understanding the basics of small business...

Capital Expenses

Capital Expenses You must capitalize, rather than deduct, some costs. These costs are a part of your investment in your business and are...

Business Expenses Vs. Personal (USA)

Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for...

The tax implications of Bitcoin and other cryptocurrency

Do you earn, spend, or trade cryptocurrency such as Bitcoin? Although your bank doesn’t keep record of these transactions, digital...

What’s the RRSP Lifelong Learning Plan (LLP)?

Got an RRSP? Thinking about going back to school? You can help fund your education by borrowing from your RRSP via the LLP. Whether you wan

5 Biggest Challenges Facing Your Small Business

Starting a business is a significant achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many common

Changes To The Tax Credit For Childcare Expenses

To help families with high unsubsidized childcare expenses, the Ministère des Finances has announced changes to the refundable tax credit fo

What Makes Bookkeeping Important For A Small Business

Bookkeeping is vital for keeping accurate financial records. Nevertheless, many startups and small businesses come up short against implemen

What Is Debt Financing?

Debt financing for your business is something you likely understand better than you think. Do you have a mortgage or an automobile loan? Bot

Effective Bookkeeping For Business Growth

Bookkeeping is the foundation of every business. Effective bookkeeping is crucial in order to monitor your cash flow, taxes, finances, and t

Financial Tips For Young Adults

Personal finance is not a required subject in most high schools or colleges. This lack of basic financial education leaves many young adults

How To Run A Successful Small Business

To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinkin

GRIFFIN BUSINESS SOLUTIONS