Mental health and personal well-being are important—together, they hold the keys to a joyful existence. But for communities of colour, and especially Black communities, things like quality health care and mental health resources can be difficult to find and even harder to access. Discrimination still exists within the very systems that are meant to provide safety and support to us all. Racial bias can directly affect diagnoses, treatment, and pain management, leading to a distrust in the health care system. For these reasons and more, the health and wellness industries can be unwelcome spaces ..read more

Hear stories from small businesses and how they grew with the support of their accounting provider and QuickBooks Online. Alex MacLean is the founder of East Coast Lifestyle, a Halifax-based clothing company that specializes in everything surf, snow and street. Fresh design and high-quality clothing give everyone an opportunity to connect with the coast from around the world. Alex started East Coast Lifestyle eight years ago as part of a class project at Acadia as a way for Maritimers to showcase local pride. “The brand is worn by people that are from Atlantic Canada that either are in Atlanti ..read more

Tax season is upon us and to help you save a little more time this tax season we’ll send you a dining eGift card. You will receive a: $100 dining eGift card for the purchase of a new ProFile Tax Year 2021 Suite product or $80 dining eGift card for the purchase of a new ProFile Tax Year 2021 T1+T2/CO-17 or T1/TP1+T2/CO-17 bundle or $40 dining eGift card for the purchase of ProFile T1 or T2/CO-17 module Learn more about ProFile professional tax software today *Terms, conditions, features, support, pricing and service subject to change without notice. If you are one of the first 125 customers t ..read more

In honour of Black History Month, celebrated every February in the U.S. and Canada, Intuit QuickBooks is proud to have offered another inspiring and informative Roundtable event: “Health and wellness for small businesses.” The event centred on the importance of health and wellness for small business owners, with a focus on Black-owned businesses. Award-winning actress, producer, and founder of Pattern Beauty Tracee Ellis Ross took center stage. Award-winning journalist and entrepreneur Soledad O’Brien returned to moderate another vibrant and engaging roundtable. Ross and an impressive panel of ..read more

Growing your company through the finance function starts with creating a financial strategy custom to your company and the goals you want to achieve. Whether the finance department is just you, you and an accountant or bookkeeper, or a full-fledged team led by a CFO, finance can and should propel your growth, beyond the expected duties of keeping overhead low and providing regular financials. This article will walk through a few ways to get started, what to bear in mind at different stages, and choosing funding options so that you can create a successful financial strategy. 3 Ways to Leverage ..read more

Black business owners and workers are more likely to be facing financial challenges and less likely to have good access to health care according to the new Black Business Health Survey published by QuickBooks Canada today.1 The QuickBooks-commissioned survey of 1,400 business owners, employees and self-employed people throughout Canada reveals Black respondents are more than twice as likely as others to describe their current financial situation as “terrible.”     Similarly, Black respondents are almost three times as likely as others to describe their access to health care as “terr ..read more

As a tax professional it is important to keep on top of all relevant information to ensure you are prepared for a successful tax season. In order to maximize tax savings you will need to be informed on your clients residency status, business expenses (such as home office deductions), tax laws and more. These 10 tax tips for accountants will allow for an easier tax prep and a smoother tax season. 1. Determine if Your Clients Are Filing as Residents or Non-residents Your client’s residency status will affect which income taxes they are subject to pay. To determine residency status, all of the re ..read more

Small businesses are the heartbeats of communities across the country. They make where we live, work, and play truly thrive. In the last year, more people than ever have dove headfirst into entrepreneurship or transformed their side hustle into their main source of income. It’s no wonder there are now over 1.2 million small businesses in Canada. For those who dare to dream, there’s no time like the present to create something new and leave a legacy. The hard part is transforming that dream into a living, breathing, long-lasting business. Becoming an entrepreneur takes the right mix of courage ..read more

The Canadian tax return deadline in 2022 will differ for businesses, depending on how they are structured. Small businesses that are run as a sole proprietorship or partnership will have different filing deadlines than those run as corporations. Listed below are the Canadian tax filing deadlines for 2022.   <<Back: What are Small Business Taxes?  Next: What is a Tax Write-Off?>>   Income Tax Deadlines for 2022 Before COVID-19, most individuals filed their Canadian income tax returns by April 30 each year. If the due date falls on a Saturday or Sunday or public holida ..read more

With 2020 nearing its end, now is the time to get a head-start on your tax returns for this past fiscal year. If you are a self-employed person living in Canada, you will need to know the associated due dates for your income tax returns as governed by the Canada Revenue Agency (CRA). Learn more about the Canadian self-employed tax return due dates below.   <<Back: What are Self-Employed Taxes?   Who Needs to File Self-Employed Taxes? Self-employment means working for yourself. If you are a small business owner, you run your own business. But if you are self-employed, that means ..read more