CPA4IT 
Nearly one in five Canadian businesses uses artificial intelligence (AI) to produce goods or deliver services — but Canadian tax law doesn’t have a dedicated “AI expenses” category. That leaves most IT … Read more
You incorporated your Canadian-controlled private corporation to access the small business deduction in Canada at the combined federal and provincial rate. Incorporation gives you a significant tax advantage over paying the … Read more
As a consultant, you know how demanding running a business can be. Adding accounting responsibilities on top of your workload often becomes overwhelming. You started your business because you’re an … Read more
Today, we’re diving into the Canada Emergency Business Account (CEBA) program. This initiative has been a financial lifeline for many, but with ever-evolving guidelines and deadlines, it can be a … Read more
In today’s fast-paced world, where efficient communication is key, the Canada Revenue Agency’s (CRA) call center wait times stand out as a glaring anomaly. This blog takes a closer … Read more
Have you heard about Google’s latest brainchild, Gemini? It’s not a space mission, but it’s definitely out of this world! Let’s break it down. What’s Gemini, Anyway? Gemini is like … Read more
No. Disability insurance premiums should never be deducted against your personal or professional income. Any payments receive from your disability insurance, if properly structured by your insurance agent, should be … Read more
Get a Free Consultation If you haven’t filed taxes in years, you can address your tax liability. If you’re worried about penalties or prosecution for past unfiled returns, you … Read more
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow … Read more
Warren Buffett famously invests in businesses that have what he calls a protective “moat” around them – one that inoculates them from competition and allows them to control their pricing. … Read more
A great small business tax accountant does more than just measure value, they create it. At CPA4IT our goal is to save you substantially more than it costs you for our services. Over the last 30 years we have developed tax strategies designed to help you keep more of your hard earned money. If you would like to learn how we can help you pay less tax, simply download our FREE Guide to Pay Less Tax.
