Articles and Videos
Catch up on all the KMPC articles and videos that are full of great information for you!
Kelly’s Updates from CRA
A few updates that you should know about… Mileage Claims: Automobile, the kilometre allowance went up a cent so it is now 55 cents for the first 5000 km and 49 cents for the balance. Remember, if you are paying by kilometre you must have an auto log. My Account If you...
read more10 Reasons Why Every Business Needs a Website in 2018
This month we have invited Mb2Online, a local SEO (Search Engine Optimization) and Web-Design company, to be a guest blogger on a topic that I often discuss with clients… How To Be Competitive In The Digital Age *** Small business owners are often hesitant to...
read moreHow to Survive “Being Your Own Boss” – Succeeding as an Entrepreneur
As I prepare to celebrate my 25th year in business as a Chartered Professional Accountant, I can’t help but take a moment to reflect. I have had the pleasure of working with so many business owners over the years as I helped them face the challenges experienced by...
read moreSeven Life Reasons Why You Need a Good Chartered Professional Accountant (CPA)
1) To Ensure You Are Obeying the Current Tax Laws Tax laws change each year. Some years there can be profound or sweeping changes that can change what and how you report income on your tax return. If your return is filed incorrectly the lament of “I didn’t know I...
read moreThe ABC’s Of Why Small Businesses Need an Accountant
When a small business opens its doors the realities of limited budgets often mean trying to do everything in-house. While that approach may work for some areas of the business it is not advisable to adopt this approach with accounting. Owners of a new business...
read moreTax Tips and Updates
Psst.... RRSP Contribution Deadline is NOW & Other Tax Time Tips and Updates! In today's vlog Kelly Melanson, CPA reminds us that time is running out to take advantage of RRSP contributions for this tax year. Kelly also shares some interesting updates and...
read moreBill 148 – What Does it Mean to You?
In today’s vlog Kelly Melanson, CPA from www.kmpc.ca and Kourtney Thompson from www.newinitiativeshr.com discuss the impacts of Bill 148 and the recent updates regarding the issue of income sprinkling and other recently changed corporate taxation rules by CRA (Canada...
read moreUpdates on 2017 Proposed Tax Changes for Business
Hello friends! Yes, I have an update on the latest rumblings from the government on the proposed changes to the tax rules for businesses released this past fall (2017) . In this video I discuss the latest updates and what they might mean for you and your company. I...
read morePerformance Management is Your Key to Success
Performance Management is a Critical Success Factor The past several blogs have focused on business process mapping that involves reviewing all of your business processes to determine the areas that have risks or gaps and will need improvement. Now that you know how...
read moreHow Will the New Income Sprinkling Rules Impact Your Business?
Proposed New Income Sprinkling Rules Go Too Far Heads up people, the federal government has proposed some chilling private corporation tax changes that will have a profoundly negative impact if they should pass. They are looking to change some common tax planning...
read moreHow To Lessen the Stress of Back-to-school Season!
Getting the Most Out of Your Kids’ Back-to-school Season Yes, it’s that time again…back to school. A bittersweet time when you realize the lazy days of summer are nearing an end, your house will soon be a lot emptier (but tidier) and the...
read moreBusiness Process Mapping
Business Process Mapping - Getting the Big Picture Business Process Mapping (BPM) is a tool used to provide a company with a clear picture of how it does what is does. BPM is applicable no matter what type of company, its product or service. Every company is...
read moreThe 3 Angles to Growth
Are You Struggling to Grow Your Business? Does it feel like you have hit a wall in your growth efforts? Do your growth strategies feel like they are falling short of the mark? If so, then your company has likely reached a fork in the road and it’s time to give your...
read moreEntrepreneurship: 7 Steps to Becoming an Effective Delegator
7 Steps to Becoming a Good Delegator Chances are when you started your business that you did everything yourself out of sheer necessity. Now that your business is growing in revenues and employees it’s time to learn how to be a good delegator. This may sound easy...
read moreCottage Life: Preparing for Tomorrow Requires Some Thinking Today
As you lounge on your dock this summer it might be a good idea to give some thought about the future fate of your cottage hideaway. While cottage life is fabulous, it does come with some potential issues that could cause heartache down the road for you or your family...
read moreTax Tips and Hints for Your 2016 Tax Return
2016 Tax Season is Around the Corner! Yes the clock is ticking and the deadline for filing your 2016 tax return is FAST approaching!!! In order to help you get prepared and that you don't shortchange yourself in any way, we shared some handy tips in our most recent...
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