Padgett Business Services Blog

Your #1 resource for anything Small Business. As a small business owner check back often for valuable insight into how to make your business more profitable.

Withholding Information from Canada Revenue Agency
Posted On: 17/05/17 - 0


If you run your own business or you are self-employed, you may be tempted to report only part of your income to the tax authorities. Or you might consider suppressing information about your activities…Read More

Spring Cleaning: How Long Do You Need To Keep Business Records in Alberta (CFIB)
Posted On: 12/04/17 - 0


Keeping reliable, accurate and complete records about your business is essential. Knowing when it is okay to destroy documents helps reduce storage clutter. Save space by regularly purging older recor…Read More

Edmonton Accountant Reminder About T4 season
Posted On: 31/01/17 - 0


T4 Slips and T5 slips for 2016 must be distributed on or before Tuesday, February 28, 2017, by mailing to the last known address or delivering in person.  They can be filed online, no need to wait …Read More

From Your Edmonton Accountant – New CRA Tax Initiative With Respect to The Sale Of Your Home.
Posted On: 12/01/17 - 0


  On October 3, 2016, the Government announced an administrative change to Canada Revenue Agency’s reporting requirements for the sale of a principal residence. When you sell your principal res…Read More

IMPORTANT WCB ANNOUNCEMENT
Posted On: 21/12/16 - 0


  Did you know your 2017 WCB Rate Statements will not be mailed to you? WCB has advised that your annual premium rate statement will no longer be mailed. The 2017 statement will be available elec…Read More

Edmonton Small Business Accountant Year End Tax Tips
Posted On: 29/11/16 - 0


Special Tax Edition 2017 is almost upon us as the year draws to a close. It’s time, once again, to take advantage of the many personal and business tax-planning opportunities that are still availabl…Read More

4 Factors To Determine The Right Accountant For Your Edmonton Small Business
Posted On: 02/11/16 - 0


  Evaluating Your Current Tax Professional If you currently enlist tax services or work with a small business consultant, are you completely confident that your partner is supporting you in every…Read More

Edmonton Small Business accountant provides you with article: CRA Investigates Small-Town Subcontractors
Posted On: 19/10/16 - 0


  Recently, CRA auditors reviewed municipal building permits in smaller communities. The auditors were checking for unregistered small-town subcontractors’ worksites. The result was that of the…Read More

From Your Edmonton Small Business Accountant – New CRA Canada Child Benefit
Posted On: 13/10/16 - 0


Overview The Canada child benefit (CCB) is a tax-free monthly payment made to eligible families to help them with the cost of raising children under 18 years of age. The CCB might include the child di…Read More

Edmonton Small Business Accounting: An Introduction
Posted On: 23/06/16 - 0


Revenge of the math club is how many independent business owners view the need for accounting. Unfortunately, this may result in the owner totally ignoring the entire process and using other tools to…Read More

Edmonton Small Business Accountant :Lessons From Tax Season
Posted On: 20/06/16 - 0


The April 30 tax deadline has come and gone. Some people still have until June 15th to file without penalty but these folks should have paid their estimated taxes by April 30 to avoid interest charges…Read More

Should I Incorporate My Edmonton Small Business?
Posted On: 01/05/16 - 0


By Daniela Hops, CMA, www.padgettcalgary.com Here are a few reasons why you may want to incorporate your company: Trying to get financing.  It shows the lender you are serious. To protect your perso…Read More

From Your Edmonton Small Business Accountant: Taxes and Missing Documentation
Posted On: 01/05/16 - 0


In my last blog I talked about the “documentation” lesson that we encounter when trying to sort out a tax situation. So what if you are in the middle of one of these situations – what do you …Read More

12203-107 Avenue.
Edmonton, Alberta.
T5M 1Y9

Call us:
780.482.7297