News You Can Use
Helping your business to thrive.
‘Tis the Season
‘Tis the season in which many employers like to show their employees how much they appreciate all their hard work throughout the year. Could you think of any better way than to provide your employees with an up to $500 tax free gift? Especially if such a gift would...
Cloud-Based Accounting
With an increasingly uncertain economic outlook and the spectra of inflation and interest rate hikes on the horizon, having the most efficient operating structure for your business has never been more important. One commonly overlooked source of inefficiency may be...
Toxic Workplace
The COVID-19 pandemic has created a plethora of new challenges for businesses, changing the ways that we achieve growth, manage our logistics, and arrange our workspaces. But it has also created new stressors for owners and employees alike that have made cultivating...
Job Posting | Accounting Technician
Hall & Associates CPA Professional Corporation is a small boutique accounting firm with focus on business advisory and accounting services in Kingston and the surrounding area. As trusted advisors, we truly care about building long-term relationships that ensure...
A 4-Day Work Week
Starting on September 1, 2022, the team at Hall and Associates have transitioned from the standard 5-day work week and become part of the growing number of businesses that use a 4-day work week. Whether in the public or private sector, firms around the world - from...
The Federal Budget and You
On April 7, 2022, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable, to the House of Commons. No changes were made to personal or corporate tax rates, nor...
Ontario Staycation Tax Credit for 2022
The provincial government's "staycation tax credit" is now in effect for Ontarians who plan getaways within the province this year. The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while helping the...
Canada Recovery Hiring Program (CRHP)
The 2021 Federal Budget introduced the new CRHP which would provide eligible employers with a subsidy of up to 50% of the incremental remuneration paid to eligible employees in respect of June 6, 2021 to November 20, 2021. The higher of the Canada Emergency Wage...
COVID-19 Update
Based on the announcement on Tuesday, January 12, 2021, the Ontario Government has implemented enhanced measures/restrictions and issued an order requiring residents to stay home starting Thursday at 12:01am for the next 28 days. Ontarians are asked only to leave home...
Important Deadlines in 2021
There are some important deadlines in the next couple of months that we want you to be aware of. My Business Account If you have not yet created a My Business Account, we encourage you do so through the CRA website. It is a way to access your accounts securely and...
Business growth isn’t just sales
I have heard business owners say that they don’t want to grow their business anymore because more sales will just mean more problems. But growth isn’t just sales. As we have communicated over the years, we believe that there are just 4 ways to grow your business. So...
Job Posting – Accounting Technician
This position has been filled. Thank you to all applicants. Since 1990 Davies & Associates has been providing business advisory and accounting services in Kingston and the surrounding area. As trusted advisors, we truly care about building long-term relationships...
Failing to Plan Could Mean Planning to Fail
The life of the small business owner can be very hectic fighting day-to-day fires; long hours and looking after the needs of customers and employees with little time left to plan and look after finances. Often, the short comings of the business are only discovered...
Strategies to Save Your Business during the COVID-19 Pandemic
The COVID-19 crisis has brought to light the things that businesses have not been doing well but have gotten away with when times were good. Businesses who were not managing cash flow, not using forecasting tools, nor paying attention to how they were running their...
Canada Emergency Wage Subsidy (CEWS)
On Wednesday, April 22, Canada Revenue Agency (CRA) announced further details of the Canada Emergency Wage Subsidy (CEWS). The subsidy generally covers 75% of an employee's wages - up to $847 per week - for employers of all sizes and across all sectors who have...
Helping Business Owners Navigate These Crazy Times
How are you navigating in these crazy times? As profit and growth advisors, we encourage business owners to take this time to look for ways to change their business so they can adapt to business after this crisis. On Tuesday and Friday mornings at 10:00am we host an...
Businesses Supporting Businesses During COVID-19
Being a business owner can be lonely and the weight of responsibility is felt particularly in times like these. Small mid-sized family businesses are vulnerable because of the COVID-19 crisis and we want to help you survive. As a business owner would you like to: Hear...
Bridging the Skills Gap
In previous blogs, I have written about the importance of investing in your people. Here is an article that give 5 tips to bridge the skills gap. Bridging the Skills Gap As in 2019, the skills gaps data continues to show trending upwards- meaning that gap is...