The Business Leader’s Bible: How To Become A Better Decision Maker

Decision making is an important part of everyday life, but the stakes are far higher when your decisions impact your business. Young and fast-growing companies are especially ...

What is the difference between employee and independent contractor?

Welcome to Ask An Accountant, where we take your payroll and accounting queries and help you make sense of them. Whether you’re doing payroll for the first time or you’re a ...

6 Reasons Accounting Firms Should Leverage Payroll Software

Let’s face it, accounting firms are not too fond of payroll. Processing payroll is a tedious, repetitive, time-consuming, and error-prone process. What’s worse is that ...

Customer Stories: How CloudCPA Is Modernizing Accounting With Knit

Over the past few decades, accounting has evolved from pencils and calculators, to cloud computing fuelled by cutting-edge software. And while some accountants have been slow ...

Tips For A Stress-Free Payroll Year End Process

The payroll year end process is serious business. It’s a task that requires time, knowledge, and a lot of patience in order to accurately calculate taxes, compensation, and ...

What is a Business Number?

Welcome to Ask An Accountant, where we take your payroll and accounting queries and help you make sense of them. Whether you’re doing payroll for the first time or you’re a ...

Find Your Niche: How to Focus Your Firm's Effort

Accounting has generally been viewed as a one-size-fits-all service where any customer is the right customer. The problem with this approach is that instead of doing one thing ...

What is back pay?

Welcome to Ask An Accountant, where we take your payroll and accounting queries and help you make sense of them. Whether you’re doing payroll for the first time or you’re a ...

Kissing Billable Hours Goodbye

Billable hours are a cornerstone of the accounting industry. For decades, the system has provided a clear and transparent way to keep track of who is doing what. Firms simply ...

Customer Stories: How Lisa Channell Helps Her Clients Get Payroll Perfect

Lisa Channell is not your average bookkeeper. Instead of sifting through shoeboxes full of receipts in a musty old office, you’re more likely to find Lisa using the latest apps ...

How To Write A Job Offer That’s Irresistible

You’ve spent hours filtering through resumes, interviewed dozens of potential candidates, and finally selected someone that you think is the perfect fit for the job and for ...

How do I switch payroll providers?

Welcome to Ask An Accountant, where we take your payroll and accounting queries and help you make sense of them. Whether you’re doing payroll for the first time or you’re a ...

5 Recruitment Tips for Small Accounting Firms

Small teams can be the best teams, but only if you start with the right people. For small accounting firms, this means recruiting people that are not only great at their job, ...

There Is No “Perfect” Candidate: Reimagining the Interview Process

This story will sound familiar: A company has an open position that needed to be filled yesterday. The interview process begins and involves several members of the company. The ...

What is a T4 Tax Form?

Welcome to Ask An Accountant, where we take your payroll and accounting queries and help you make sense of them. Whether you’re doing payroll for the first time or you’re a ...

Standing Out: A Beginner's Guide To Marketing For Accounting Firms

20 years ago, moving from one accounting firm to another was something few people thought about doing—let alone actually did. However, times have changed, and these days many ...

Startup Financials & Data You'll Want In Your Pitch Deck

So you’ve taken the plunge, launched your startup, gained traction, and now you’re looking for external funding. You might not be a CFO or an MBA, but that won’t matter - ...

Why You Need An Org Structure (And How It Makes You a Hiring Pro)

All great companies start with a vision. At some point, your vision will include an “organizational structure” - the “whos” and “hows” of your company.

Why Good Bookkeeping Solves Your Startup Problems

Proper bookkeeping might not close the next big deal for your business. But when done right, it will tell you exactly where to devote your energy.

Contractors vs. Employees - When to Hire Which?

Let's start with the most basic way to think about business - running one successfully boils down to smart resource management, especially who you hire and how.

Why Outsource Payroll: Your Business Costs Fully Explained

If you’re reading this, chances are you run a business.

The Quick and Dirty Guide To Writing Killer Job Posts

If you're after top talent, you better make sure you're bringing your top game to attract that ideal candidate. But let's face it - you also have fires to put out, deadlines to ...

Government of Canada's HR & Payroll: Will an Open, Two-Way Conversation Take Place?

A bitter principle follows titanic projects - when they fail, they fail in titanic proportions.

Payroll Remittance - Penalties for Missing a Payment

Filing taxes can be overwhelming, especially when the threat of penalties as harsh as jail loom overhead. Thankfully, such sentences are rarely ever imposed. Nonetheless, ...

A Quick Guide to 2018 Canadian Payroll Source Deductions

Having tons of valuable information compiled in one place makes everyone’s lives easier, so we put together tables for every type of Canadian Payroll Source Deduction you could ...

The Bonus Tax Method For Payroll

Bonus payouts: everyone loves them. What everyone doesn’t love is having to pay taxes on their hard-earned bonuses. Luckily, not everyone has to.

What You Need To Know About T220 Forms

As tax season rolls around year after year, so do the endless obscurely titled forms. Take T2200 tax forms for example, every year, employees request their employers to sign ...

CRA Payroll Remittance Schedule 101

The CRA requires all employers in Canada to file payroll taxes correctly and on time. There are several different types of payroll deductions that need to be made, and various ...

Employee Productivity: The Data Behind How We Waste Time

We’ve all been there. You didn’t sleep enough, your day is dragging on, and you just can’t get yourself to focus, so you find ways to make the time pass - usually by wasting ...

How to Be a Great Leader Without Being a Micromanaging Boss

Wanting to keep track of your team’s progress and productivity is normal.  As the leader, there should be a level of control set in place to ensure that company goals are met.

How Do You Measure Success of Your Organizational Culture?

Company culture: it’s the trending buzzword that all big companies and CEOs are talking about.  In fact, the term “culture” was the most popular word of 2014 according to  ...

What Makes A Good Manager: 8 Must-Have Skills To Be Successful

Here’s an experiment: look up the word “manager” in Google images. Now try searching “good manager”. Do you notice the difference? 

Why Your Best Talent Leave - And How to Keep Them

There are many reasons why top talent leaves a company. Even when you have “good” turnover – someone leaving who was a bad fit for the organization – it can be a painful and ...