GRIFFIN BUSINESS SOLUTIONS

Starting in 2024, significant changes to income tax rules may impact short-term rental owners in Canada. If you rent out your residential...

Struggling with the 2024 income tax return, a man appears overwhelmed as he juggles receipts and paperwork. As we step into 2025, it's...

Thrive Despite 25% U.S. Tariffs How Canadian Small Businesses Can Thrive Despite 25% U.S. Tariff The recent imposition of a 25% tariff on...

Income Tax Return The recent announcement that Prime Minister Justin Trudeau is stepping down as Liberal Party leader and proroguing...

Cryptocurrency has revolutionized the financial world, offering new opportunities for investment and innovation. However, with these...

Starting a new business in Québec? The process of incorporating your company has become more accessible, thanks to the Registraire des...

As a non-resident actor working in Canada, understanding the tax implications of your acting fees is crucial. In this blog post, we’ll...

As of December 31, 2023, all trusts (with certain exceptions) are now required to file a T3 Trust income tax and information return (T3...

Small business tax in Canada can be a complex and confusing topic for entrepreneurs. However, understanding the basics of small business...

Capital Expenses You must capitalize, rather than deduct, some costs. These costs are a part of your investment in your business and are...

Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for...

Do you earn, spend, or trade cryptocurrency such as Bitcoin? Although your bank doesn’t keep record of these transactions, digital...

Got an RRSP? Thinking about going back to school? You can help fund your education by borrowing from your RRSP via the LLP. Whether you wan

Starting a business is a significant achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many common

To help families with high unsubsidized childcare expenses, the Ministère des Finances has announced changes to the refundable tax credit fo

Bookkeeping is vital for keeping accurate financial records. Nevertheless, many startups and small businesses come up short against implemen

Debt financing for your business is something you likely understand better than you think. Do you have a mortgage or an automobile loan? Bot

Bookkeeping is the foundation of every business. Effective bookkeeping is crucial in order to monitor your cash flow, taxes, finances, and t

Personal finance is not a required subject in most high schools or colleges. This lack of basic financial education leaves many young adults

To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinkin