Understanding Canadian tax statements: T3, T4 and T5

by Mohammed Essaji | Feb 22, 2026 | Blog, Records Management, Tax Planning

Need some help understanding Canadian tax statements from an experienced accountant? Here’s a quick guide to the T3, T4 and T5. When filing taxes for the CRA or sending on your paperwork to your accountant, sometimes it feels like we only understand a small...

Tips on How to Transition to a Paperless Office

by Mohammed Essaji | Jan 7, 2026 | Blog, Bookkeeping, Records Management

There are many reasons to transition to a paperless office, especially as Canadian businesses continue to adapt to digital workflows, remote work, and rising operating costs. Moving away from paper is no longer just an environmental decision. It is a practical step...

Self-Employed? How to Keep a Mileage Log for Vehicle Expenses in Canada

by Mohammed Essaji | Sep 18, 2020 | Blog, Records Management, Small Business Tips, Tax Planning

If you’re self-employed and use your car for business purposes, keeping a mileage log is important. Learn how to keep a mileage log for vehicle expenses in Canada. A mileage log is a detailed record of your annual business travel. The Canada Revenue Authority (CRA)...

How Accurate Financial Records Can Increase the Value of a Small Business

by Mohammed Essaji | Sep 18, 2020 | Accounting Tips, Blog, Bookkeeping, Records Management, Small Business Tips

Accurate financial records are more than just good organization—they’re critical for improving the value of your small business. Whether you’re preparing to sell, attract investors, or ensure peak operational performance, maintaining precise and transparent records...

A Quick Guide to the 8-Step Accounting Cycle

by Hussein Ebrahimjee | Sep 17, 2020 | Accounting Tips, Blog, Records Management, Small Business Tips

If you are new to accounting, this article provides a helpful guide to the 8-step accounting cycle used by small business owners. Accounting is a core business process for any company. Even if you’re not a professional CPA, accountant or bookkeeper, it’s...

How to Calculate Payroll Deductions for Small Business in Canada

by Hussein Ebrahimjee | May 22, 2020 | Blog, Bookkeeping, Records Management, Small Business Tips

If your business has employees, you will need to run a payroll. Here’s a quick summary on how to calculate payroll deductions for small business in Canada. The 5 Steps to Running Payroll For business owners in Canada here are five steps on how to calculate...