In this video, Arielle from Fix My Books will be giving you an overview of the three types of 0% Sales Tax in Quickbooks. The differences between Zero-rated, Exempt and Out of Scope and how these affect your Sales Tax (HST) Return. She will also show you how to properly enter Meals & Entertainment expenses where you can only claim half of the ITC's (Input Tax Credits).

In this video Arielle will be giving you guys an overview of how to maximize your tax savings by using an Health Spending Account (HSA), the different HSA Requirements for Sole Proprietorships and Corporations and what medical expenses you can claim on your HSA.

In this video Arielle will be giving you guys an overview of the pros and cons of Sole Proprietorships and Corporations in Canada, which business structure would be better suited to your personal situation and some things you should consider before making a decision.

In this video Arielle will be giving you guys an overview of how to pay yourself a business owner, whether you should do it through Salaries or Dividends. The pros and cons of Salaries vs. Dividends, how this affects your RRSP Contribution room and some things you should consider before making a decision.

It can be a stressful time for most small business owners and it’s easy to let business deductions slip through the cracks, so here’s a cheat sheet for small business deductions.

In this video, Arielle from Fix My Books, will be giving you guys an overview of how a shareholder loan functions, what happens when a business owner takes money out of the company, gives the money company or decides to take dividends.

In this video, Arielle from Fix My Books, will show you how to file your GST/HST Return and Remit taxes the CRA. This video is an update from a prior video and has been updated for 2021.

In this video, Arielle from Fix My Books, will be teaching you how to migrate to Quickbooks Online from a different accounting software by entering opening balances from the balance sheet.

In this video, Arielle from Fix My Books, will be teaching you what an Income Statement is, why you need it, and how it can help you understand your business's performance and help you make better business decisions.

In this video, Arielle from Fix My Books, will be teaching you how to start a business in Canada. This includes how to register your business, get a business number from the CRA, and other steps to make sure you are setup correctly from the beginning.

It can be a stressful time for most small business owners and it’s easy to let business deductions slip through the cracks, so here’s a cheat sheet for small business deductions.

An HSA is a Health Spending Account which serves as an alternative to the traditional employee health benefit plan underwritten by large insurers. A HSA provides health benefits that are 100% deductible to employers and 100% tax-free to employees with no monthly premiums.

What is the differences between TFSA’s and RRSP’s?

Here are some of the basic differences below.

Tax-Free Savings Account (TFSA) program began in 2009. It is a way for individuals who are 18 and older and who have a valid social insurance number to set money aside tax-free throughout their lifetime.