The new Canada Emergency Rent Subsidy (CERS) is now open for applications!This subsidy covers commercial rent, commercial property tax, insurance, and mortgage interest for businesses with a drop in revenue. What Can Your Business Get? Businesses can qualify for up Read more…
It’s the most wonderful time of the year! Time to start thinking about how you’re going to reward your employees for all the hard work they’ve done this year. And this year more than ever, spreading the holiday cheer is Read more…
Going into this video, I knew very little about HST or when business owners need to register to collect it. The only thing I really knew was that there is a $30,000 business income threshold and once this threshold reached, Read more…
Tracking expenses and keeping receipts organized is one of the number one things people struggle with when it comes to business. It can be time consuming and tedious, and people just seem to not like doing it! (We don’t blame Read more…
Saving for your first home is an exciting time, but there is a lot to think about. It’s important to know about all of the resources available for you to help make saving a little bit easier. One such resource Read more…
Today’s video is an app spotlight for you! Do you use your personal vehicle for business? A lot of business owners do, so figuring out the amount of expenses you can write off is important. However, this process can seem Read more…
Kids learn lots of subjects at school… science, english, math, music, art… But, personal finance, accounting, and how taxes work is unfortunately currently not one of them.However, kids might not miss out on this lesson entirely because every year on Read more…
A few weeks ago we did a video all about debt and which debt to focus on paying first. If you missed it, be sure to check it out and then come back here for this one! In that video, Read more…
Many businesses have been making the move to online platforms in recent years. Especially this year, moving businesses to an online space has been more important than ever. The COVID-19 global pandemic has led to a need to speed up Read more…
Keeping you all in the loop with government supports available for business owners who continue to be affected by COVID-19. A couple of weeks ago, we shared a video on updated supports for businesses. One of these was the Canada Read more…
Today’s topic is a great one! When you’re buying equipment of some sort for your business, you might be looking into both buying and leasing.Honestly, both can be great options… It really just depends on your business, what you’re looking Read more…
So, you need to purchase something for your business. Maybe it’s some new equipment or a vehicle of some sort. Maybe it’s a building! You know what you need, but what you’re not sure of is how to go about Read more…
Last week we talked about emergency funds. Why you need one, when it should be used, and how much you should aim to have in it. This week, we’re taking it a step further. So you have an emergency fund Read more…
The Canadian government has announced new and continued business support programs. These supports are available for businesses that are continuing to be affected by the COVID-19 pandemic. Click here to read more about these supports. In this video we go Read more…
What should emergency funds be used for? How much should you save? Where should you keep the money? Emergency funds are important to have in case you’re ever without work. You should be able to live on your emergency fund Read more…
In this bonus episode, we are bringing in the big guns! Caitlin, VP of finance at TaxForce, joins Riley to talk about what income supports are available to individuals now that CERB has come to an end. She talks about Read more…
The topic you’ve all been waiting for… (Okay, at least some of you have been waiting for it!) On this week’s episode of ‘Teaching Riley’, Steve tells Riley all about how to know which debts to pay down first. Tons Read more…
A quick bonus episode coming at you! We received a warning from the CRA that they are going to be sending out letters to taxpayers who claimed certain tax deductions in their returns. We want you to know, this does Read more…
Happy hump day! You know what that means… Another episode of ‘Teaching Riley’ is live! Last week we talked about what counts as a business expense and what doesn’t. Great! So, now I figured I need to know how I Read more…
When you’re running a business, it can get confusing to know which things count as write-offs and which things do not. Check out this week’s ‘Teaching Riley’ video to learn about business expenses. Spoiler alert: the short answer is “if Read more…