Your Home Office Setup
Amplify LLP | Online Accounting Blog
by amplifyllp-RLB
3y ago
Working at least partially from a home office has become the norm for most professionals and business owners. You may find yourself trying to clear space on the kitchen table or perhaps you are starting a new career where the team is fully remote or maybe starting a business yourself. I work every day with CPA’s and business owners who are looking for advice on what tools to use. They want to know the best way to ensure that home office time is as productive as possible. Lately, I have been getting so many questions that I thought it may be helpful to compile a list of my most recommended piec ..read more
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Payroll and Time Tracking Made Easy
Amplify LLP | Online Accounting Blog
by Kyle Turriff
3y ago
Taking TIME out of Time-Tracking and Payroll  Payroll can be one of the biggest headaches your company faces and certainly the last place to look for innovation, but one company is looking to change that. TSheets is a time tracking software that’s easy for you and your team to use and keeps things organized and efficient. It offers streamlined, real time tracking and updates for scheduling and time entry. The first client we ever moved to Tsheets paid their team by the hour and needed to schedule service calls for their repair teams. When I presented the features to the business owner he ..read more
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Cryptocurrency and Tax – Counting Your Bitcoin
Amplify LLP | Online Accounting Blog
by Ankur Chawla
3y ago
One of the hottest investment topics right now is cryptocurrency. When I got together with family and friends over the holiday season, the conversation inevitably shifted to cryptocurrency, specifically Bitcoin, as it is undoubtedly the most popular. As is usually the case at these functions, everyone wanted the accountant’s advice on their investment, so here it is.   Bitcoin is a web-based currency with no intermediary (i.e. banks) facilitating the transactions. They are created or “mined” by people using computers to solve complex math puzzles to settle Bitcoin transactions, rewarding ..read more
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New Year Giveaway: Winner Announcement
Amplify LLP | Online Accounting Blog
by Monica Kwok
3y ago
We received an overwhelming amount of responses to this year’s New Year Giveaway and thank you to all that entered the draw! On January 15th, we announced the winner of the Google Home on our social media accounts. The Google home is a Smart Speaker and Home Assistant. You can get answers, play songs, control your smart home, and more with just your voice. After inputting all the recipients’ names into a random name picker, the winner of 2018’s giveaway is… Drum roll, please… Nicholas Gibbs! Congratulations!   Missed out on this year’s giveaway? Don’t worry! We will have more giveawa ..read more
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New Year Giveaway – Google Home
Amplify LLP | Online Accounting Blog
by Monica Kwok
3y ago
Ever wanted your own assistant? Well, you’re in luck! We’re giving away a brand new Google Home in the New Year! No, it’s unfortunately not an actual home, but it may be the next best thing for you and your small business. The Google Home is a Smart Speaker and Home Assistant. You can get answers, play songs, control your smart home, and more with just your voice. We know how busy it is running a business, so let’s free up those hands with this hands-free assistant! Enter to win a Google Home by filling out our Typeform here. The winner will be chosen and announced on January 15, 2018. Keep yo ..read more
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Do I Need a Lawyer or an Accountant?
Amplify LLP | Online Accounting Blog
by Ankur Chawla
3y ago
In today’s world, there is so much information available through the click of a button. YouTube and Google are providing information so fast and accurate that people are becoming brave and trading off the time to learn a new skill, for the cost of a professional. The thirst for knowledge and understanding the reason why tasks are performed a certain way is admirable. However, moving too far outside of your comfort zone can have adverse consequences, and it may result in much more time and money spent than the original cost of the project.   Accountant Many people have a good understanding ..read more
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When Do I Register for HST?
Amplify LLP | Online Accounting Blog
by Peter Niemeier
3y ago
Harmonized Sales Tax (HST) is something everyone is familiar with. Every time you make a purchase, whether at a store or online, you see the charge at the bottom of the page for HST. Well, now that you’ve started your own business, should you be collecting HST? How do you register for HST? How do you file an HST return?   HST is paid on a net balance. When you charge a client for goods or services, you also charge them HST, and when you purchase goods or services from someone else, you pay them HST. You need to keep track of all the HST collected, along with all the HST paid to others, an ..read more
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Should you incorporate your small business?
Amplify LLP | Online Accounting Blog
by Ankur Chawla
3y ago
Are you paying too much in tax? Have heard that there are tax savings to be had if you incorporate your small business? Yes, that might be true, but is that the right advice for you and your small business? The answer is – that it depends. Generally, the higher the net income of your small business, the more tax advantageous it may be to incorporate, but tax minimization is not the only consideration.   Have you considered the following: whether your personal assets are exposed to liability from the business? Are you planning to sell your business now, or in the future? What benefits can ..read more
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What You Need to Know About Websites
Amplify LLP | Online Accounting Blog
by Katie Cheesmond
3y ago
There are over 1.2 billion websites active right now and the number is growing all the time. Go ahead, click that link. You can watch the numbers counting upward. But before you do that, here are a few things we think you should know about those websites.   The host with the most Did you know that over one-quarter of all websites today are either on WordPress, or built on a WordPress platform? This includes our website and our sister company, RLB, as well! Everything from blogs with a readership of “Mom” to massive international tech companies have sites that use WordPress.   Why do ..read more
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Amplify Featured in IM in a Car
Amplify LLP | Online Accounting Blog
by Monica Kwok
3y ago
Our friends over at Intrigue Media started a fun and creative segment called IM in a Car, where Co-Founder Rob Murray takes business people in the community a drive around in his car to chat and offer business advice. Our Client Experience Officer, Dave McEllistrum, had the opportunity to talk to Rob and share his story! In this segment, Dave talks about his career, where he started as a co-op student over at RLB and worked his way up to a Managing Partner. During those 10 years that he was a Managing Partner, RLB grew from 40 to over 100 people!   If I said [managing a busines ..read more
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