Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Superficial Loss Rules in Canada Explained
A practical guide to Canada's superficial loss rules: definition, calculation, planning, and reporting for accounting firms and investors.
Attribution Rules in Canada: Tax Planning Guide for CPAs and Clients
A practical guide to Canada's attribution rules for tax planning, covering common scenarios, strategies, and how Awditify can help track liabilities and deadlines.
Capital Gains Exemption Canada Small Business: Complete Guide
A complete guide to the capital gains exemption for Canadian small business owners: eligibility rules, the $971,190 lifetime limit, common mistakes, and how Awditify helps with tax planning.
Meals and Entertainment Deduction for Self-Employed Canadians
A practical guide to the meals and entertainment deduction for self-employed Canadians, covering eligibility, calculation limits, recordkeeping, and common pitfalls to avoid.
Two-Factor Authentication for Accounting Software Canada: Why It Matters Now
Two-factor authentication (2FA) is no longer optional for Canadian accounting software users. This guide explains the risks, options, and how to implement 2FA with Awditify.
Home Office Deduction for Self-Employed in Canada: The Complete Guide
A practical guide to claiming the home office deduction for self-employed Canadians, including eligibility, allowed expenses, calculation methods, and tips to avoid CRA audits.
Self-Employed Tax Return Canada: T1 Guide for Small Business Owners
A complete guide to filing the self-employed T1 tax return in Canada. Learn about deadlines, the T2125 form, deductible expenses, CPP contributions, and common mistakes to avoid.
Alberta Business Registration Guide 2026
A comprehensive guide to registering a business in Alberta in 2026, covering legal structures, registration steps, costs, and ongoing compliance for small business owners and their accounting teams.
Accounting for Corporation vs Sole Proprietorship in Canada: Key Differences
Comparing accounting for a corporation versus a sole proprietorship in Canada involves tax treatment, record-keeping complexity, payroll, and liability. This guide breaks down the practical differences for Canadian business owners and their accountants.
Quebec Corporate Income Tax Rate 2026: What You Need to Know
Get a clear breakdown of Quebec corporate income tax rates for 2026, including eligibility for the small business deduction, filing requirements, and practical tips to avoid common errors.
BC Corporate Income Tax Rate 2026: Complete Guide for Canadian Small Businesses
Understand the BC corporate income tax rate for 2026, including the small business deduction, combined rates, and how to calculate your tax bill. A practical guide for Canadian small businesses and their accountants.
Ontario Corporate Income Tax Rate 2026: What Canadian Businesses Need to Know
A practical guide to the Ontario corporate income tax rate for 2026, including how it's calculated, key deadlines, and tax planning strategies for Canadian businesses.