by Padgett Accounting | Mar 8, 2022 | News
CRA Scams to Watch Out For It is the time of year for CRA Scams to be commonplace. With scammers are getting crafty including faking Canadian phone numbers and emails, it is up to you to be warry and ask questions. If you are not expecting a call from the Canadian...
by Padgett Accounting | Feb 22, 2022 | News
5 important Small Business Bookkeeping Tips Unless you are a fan of numbers, you may need some Small Business Bookkeeping Tips to help you stay ahead of things for your business. By creating some good habits, you stay organized and can track your cash flow with ease....
by Padgett Accounting | Feb 21, 2022 | News
Bookkeeping Services for Your Small Business Bookkeeping services are often undervalued for new and established business owners. With an abundance of options for on-the-go receipt tracking apps, doing your own monthly bookkeeping looks easy and hassle-free. However,...
by Padgett Accounting | Dec 8, 2021 | News
Estate Freeze Strategy for Taxes An estate freeze is a technique used to minimize future income taxes of a business owner by having them exchange their common shares for fixed value preferred shares. The exchange of common to preferred shares is done without...
by Padgett | Nov 4, 2021 | News
Company Shares & Capital Gains Typically, selling company shares will result in a capital gain, only one-half of which will be subject to tax under current tax rules. If they are shares of a private corporation that meet certain criteria, you could also...
by Padgett | Jul 13, 2021 | News
Canada Recovery Hiring Program The Federal Budget 2021 introduced the new Canada Recovery Hiring Program to provide eligible employers with a subsidy of up to 50 per cent on the incremental remuneration paid to eligible employees between June 6, 2021, and November 20,...
