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Tax & Business Insights

Practical advice on tax planning, bookkeeping, compliance, and business growth—written for business owners who want clear answers, not accounting jargon.

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Personal Finance
First Home Savings Account Overview

What is the First Home Savings Account (FHSA) in Canada? Buying your first home is a huge milestone—but saving for it can feel like an uphill battle, especially in today’s real estate market. That’s...

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Rob Lockie

Mar 24, 2025 2 min read

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Bookkeeping
How to identify bookkeeping errors | CAPROS

How to identify bookkeeping errors Your business isn't a spectator sport yet, many business owners don't really know what "good books" look like. Many assume their accountant will identify and solve...

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Rob Lockie

Mar 03, 2025 3 min read

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Business Advice
What to look for in an Accounting Firm.

What to look for in an Accounting Firm. The disaster at Bench illustrates many of the dangers of not choosing the right firm correctly. So, to help you choose who is your service provider, we have...

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Rob Lockie

Jan 14, 2025 3 min read

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Business Advice
The Importance of Knowing Your Client

The Importance of Knowing Your Client Why Having Clients Fill Out a "Know Your Client" (KYC) Form is Crucial in Bookkeeping In the bookkeeping and account profession, safeguarding your practice...

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Rob Lockie

Jan 07, 2025 3 min read

Bench Notice of Service Closure
Industry Updates
Bench Accounting...Take a Deep Breath and BREATHE

Bench Accounting...Take a Deep Breath and BREATHE Like many others, I was stunned at the abrupt closure of Bench on Friday December 27, 2024. Perhaps this another Enron moment and something positive...

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Rob Lockie

Dec 29, 2024 2 min read

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Personal Tax
The Gig is up..so to speak

The Gig is up..so to speak I get it, times are tough and we are are feeling the pinch. But with C-47 now in effect, there are some material changes for Canadian who have a side hustle.

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Rob Lockie

Dec 28, 2024 2 min read

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Business Advice
Top 5 Accounting Challenges Faced by Construction Companies

Top 5 Accounting Challenges Faced by Construction Companies Navigating the intricate financial landscape of the construction industry is no small feat; here are the top accounting challenges that...

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Rob Lockie

Dec 16, 2024 2 min read