Coming This Month: Changes to Business Registration Online
More changes are coming to how your clients will access Business Registration Online (BRO). Starting July 14, 2026, the Canada Revenue Agency (CRA) your business clients will only be able to access BRO through their CRA account. As usual, it’s the taxpayer who is responsible for on time remittances and the burden of proof in an increasingly digital relationship with CRA. Here’s what you need to know:Bookkeepers: First Line of Defense for Restaurant Owners
Summer is here and patio season is in full swing, but it’s the numbers, not the ambiance that ultimately tell the success story! If you have clients who own a restaurant, remind them that they need to take time to pay attention to the numbers side of the business and make sure that staffing up with temporary summer help includes some instruction on reporting their tips to CRA.
The Tax Implications of a Mid-year Business Transfer
Imagine you have a client who is five or six years away from retirement, manages a small yet successful consulting firm with ten employees, and is married with two grown-up kids. He’s thought about retirement and the idea of finding a successor for his business, but overall, he’s been pretty non-committal.
