Mixing business and personal finances is a major problem for small-business owners. Not only does it create headaches at tax time, it also makes it difficult to track the profitability of your company. Worse-case scenario: you get audited by the CRA or RQ and end up with major fines. Keeping these two parts of your money life separate is essential to preserve your sanity and to ensure you have a sustainable business model.

A CPA is a chartered professional accountant. The designation is awarded by Chartered Professional Accountants Canada after an accountant undergoes a supervised two years program or demonstrates relevant industry experience, then passes a certification exam which consist of 13 hours exam in 3 days. CPAs offer a strong set of accounting and managerial skills required for today’s complex and evolving environment. CPAs are broad-minded, forward-thinking professionals who undertake appropriate analysis, exercise good judgment, communicate effectively and act to protect the public interest. Click HERE to find more about what a CPA can do for your business.

It is very simple to change accountants. We manage the process for you, so it is easy and there is no delay in your accounting or record keeping. Contact with us to see how we can help.

There are many business structures available to meet your business needs, reduce tax and protect your business and personal assets. Meet with us for a free consultation and we can determine if your current structure is correct or needs amending for the best protection and profitability situation.