Why we #LoveLocalPtbo!
We are long-standing and proud members of the Greater Peterborough Chamber of Commerce. As such, we were pleased to support and be a part of the #LoveLocaPtbo campaign. Check out why we love our community so much;
Tax-Deductible Interest – What is eligible & what is not!
Written by: Gwyneth James MBA CPA, CGA Senior Partner There are many examples in income tax where the interest paid on a loan can be deducted from taxable income: mortgage interest on a rental property, loan interest on a business line of credit, and credit card interest on business credit cards, to name a few. … Read more
The Accounting Zone – July 2017
The latest edition of The Accounting Zone is now available. Click here to read our current newsletter publication. To subscribe to our newsletter, click here.
Driving A Vehicle for Business Use
Written By: Amanda Beard, Bookkeeper Do you drive a vehicle for business use? Did you know the Canada Revenue Agency (CRA) requires you to keep a log of business trips and receipts to claim vehicle expenses? Eligible vehicle business expenses include fuel, repairs and maintenance, insurance, licenses and registration fees, leasing costs, loan interest and … Read more