I obtained my Certified General Accountant designation in 2002 and have lived, worked and practiced as part of our community in the Ottawa area since 1988.
💡 Tax Tip Tuesday: Canada Disability Benefit
Eligible low‑income working‑age Canadians with a disability may receive up to $2,400 annually.
📌 Tip: Confirm eligibility early & file promptly to secure benefits.
🌎 https://t.co/Kk9TjryHVu
#TaxTipTuesday#CanadianTax#MLGPC
👨👩👧 Tax Tip Tuesday: Related Employee EI Eligibility
Employment of a relative is insurable only if terms match those for arm’s‑length staff.
📌 Tip: Review arrangements to confirm EI premium & benefit eligibility.
🌎 https://t.co/Kk9TjryHVu
#TaxTipTuesday#MLGPC
🏦 Separate your business and personal bank accounts.
🩺 An internal audit is like a financial health check for your company.
🔍 It helps you spot and fix errors before they become serious issues.
🌎 https://t.co/Kk9TjryHVu
#FinancialHealth#BusinessTips#MLGPC
👔 Tax Tip Tuesday: De Facto Director Liability
You may be personally liable for unremitted payroll & GST/HST—even after resigning.
📌 Tip: Stop all director-like activities post‑resignation to avoid risk.
🌎 https://t.co/Kk9TjryHVu
#TaxTipTuesday#CanadianTax#MLGPC
📊 Know the difference between key financial statements.
🧩 Income Statement vs. Balance Sheet: they complement each other but show different info.
💰 Balance Sheet = what you own & owe.
📈 Income Statement = profit or loss.
🌎 https://t.co/Kk9TjryHVu
#TaxSeason#MLGPC
📊 Know the difference: Income Statement vs. Balance Sheet.
🧩 They complement each other but show different info.
💰 Balance Sheet = what you own & owe.
📈 Income Statement = profit or loss.
🌎 https://t.co/Kk9TjryHVu
#TaxSeason#BusinessExpenses#MLGPC
📂 Keep meticulous records of all business expenses.
✅ The CRA verifies! Write‑offs require a receipt to be valid.
📸 Put an end to your tension—scan and save yours now.
🌎 https://t.co/Kk9TjryHVu
#TaxSeason#BusinessExpenses#MLGPC
🗂️ Stay organized: track receipts & separate personal vs. business finances.
MYTH: “They’re the same.”
TRUTH: A dedicated biz account = tax clarity + peace of mind.
🌎 https://t.co/Kk9TjryHVu
#BusinessFinance#AccountingTips#MLGPC
Today I had the privilege of attending the Barrhaven Remembrance Day Ceremony on behalf of BBIA. A powerful reminder of the freedom we enjoy in Canada—thanks to those who serve, have served, and made the ultimate sacrifice. Thank you. LEST WE FORGET. 🌺#LestWeForget#MLGPC#BBIA