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Filling out your taxes the correct way is essential for complying with Canadian tax regulations and avoiding penalties and fines. One of the forms you must complete as a business owner when hiring a new employee is the TD1, or Personal Tax Credits Return form, which is crucial for calculating how much tax you need […] The post What is a TD1 Form appeared first on Blueprint Accounting ..read more

If you have a small business, there is a chance you might be able to file for the Small Business Deduction (SBD) provided you meet the requirements to do so. If you are a new business and this is your first time hearing about this, you have stumbled onto the right article! You may want […] The post How to calculate the Small Business Deduction  appeared first on Blueprint Accounting ..read more

Working with the retail industry, one of the biggest issues we come across is that each owner makes purchases using their personal credit card. There are a few reasons why this becomes troublesome when tracking financial data:  Purchases become more difficult to track when they’re made on a personal credit card;  Reimbursements to the owner […] The post Retail Business Credit Cards appeared first on Blueprint Accounting ..read more