Marketing a business-to-business (BtoB) is not the same as advertising a business-to-cosumer (BtoC) relationship. Despite the fact that you actually are offering an item to an individual, experience shows that…
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Outsourcing in the Business world today. There are both pros and cons to outsourcing, all of which must be considered before reaching a decision. Outsourcing production can have some advantages…
How do deal with your Cryptocurrency Bookkeeping. When you buy and sell cryptocurrency whether it’s through trading or mining you must keep records of all transactions for your bookkeeping record….
Barter and Cryptocurrency. When you dispose of one cryptocurrency in exchange for another cryptocurrency the barter rules apply. You must value the current cryptocurrency in Canadian dollars. The future cryptocurrency…
Cryptocurrency Mining, is it a Capital Gain or Business Income? Profit from selling Cryptocurrency can be considered as capital gains or operating income. Since Cryptocurrency is generally looked at as…
Is the sale of cryptocurrency an asset disposition or operating income? Reporting Cryptocurrency as Operating Income or Capital Gain. The sale can be looked at as either operating income or…
Guideline for Crypto Cryptocurrency and Taxes. As cryptocurrency has become a new way to store value. I have created some guidelines to help. Canadians must be aware of how a…
New Business Pitfalls to Avoid As a new business owner you will face many challenges. This article will explain some of the pitfalls to avoid and how to save money….
Ontario Grant Here is some info on the new Ontario grant. If you were a business that has suffered a 20% loss from April 2019 in income compared to April…
How to claim business expenses How to claim business expenses. What is personal versus what is corporate. The first thing to recognize is the Canada Revenue Agency will allow reasonable…
