FreshBooks is one of Canada’s leading cloud-based accounting software companies, founded in Toronto in 2003. Built initially for small business owners and freelancers, FreshBooks quickly grew into an industry leader, serving millions of customers across more than 160 countries. Along the way, FreshBooks partnered with expert tax accountants to ensure their financial systems could scale efficiently while staying compliant with Canadian and international tax regulations. Read More

Navigating the complexities of international tax can be daunting, especially when transitioning to non-residency status from Canada. Many individuals choose to become non-residents for various personal and financial reasons, seeking opportunities and advantages beyond Canada’s borders. However, it’s crucial to understand that severing physical residency does not necessarily eliminate all Canadian tax obligations. Read More

The ongoing trade dispute between the United States and Canada – in which leaders of both countries are imposing, or threatening to impose, tariffs on key goods – has left Canadians and business owners feeling unsettled about the economy. While the immediate impacts are evident in rising costs and uncertainty, the long-term consequences may force a fundamental restructuring of the Canadian economic landscape. Read More

Tax season is here, and if you’re like many Canadians, you might wonder whether you’re truly maximizing your tax savings. With over 400 deductions available from the Canada Revenue Agency (CRA), it’s easy to miss opportunities that could lower your tax bill. Whether you’re an individual, investor, business owner, or student, there are specific deductions and credits that could significantly impact your 2024 tax return. Read More

Cryptocurrency has exploded in popularity over the past decade, but when tax season rolls around, many Canadians are left wondering: do I owe taxes on my crypto? Whether you’re moving coins to a cold wallet, swapping tokens, or cashing out, understanding how the CRA views these transactions is crucial. Read More