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Accounting

According to a recent survey, 63% of small business owners weren’t aware of how much time they spend on payroll. The average business owner spends almost five hours each week preparing and calculating the necessary taxes. That’s the time you could spend growing your business! Unfortunately, payroll processing is a necessary task if you have [...]

Every wondered what to do with your paystubs? If you’ve been throwing them away, you may want to start saving them. Paystubs are useful documents that can help you out when you do your taxes and get ready to make big purchases.  Here’s a look at ways you can use your paystubs and why you should [...]

Variable revenue across the year creates perennial challenges for seasonal businesses, in particular, but also for less seasonal businesses. For example, a sudden drop in revenue from a natural disaster paired with an abrupt uptick in variable costs can leave your business in dire straights. Assuming you don’t operate in a disaster-prone area, you still [...]

Did you know that 77% of Americans feel anxious about their financial situation? Clearly, something has gone wrong! That’s far too many people who don’t have the proper control over their money, and it all stems from a lack of knowledge. You’re not taught at schools how to budget and save, so lots of people [...]

In the first quarter of 2020, there were a total of 12,078 filings for bankruptcy in Canada. That represents a 3% year-over-year decrease from 2019. Interestingly, the same downward trend in bankruptcy filings occurred in the US. From June 2019 to 2020, there were a total of 682,363 filings, an 11% decrease from the previous [...]