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Should You Or Shouldn’t You? Equipment Financing Options

Written by:  Suzanne Cody CPA, CGA  Senior Partner When you need equipment you don’t necessarily have to buy it, you have options. You could lease it instead. Leasing is often a good alternative to applying for a loan. Equipment financing is designed specifically for the purchase of business equipment. There are three main options for … Read more

Advocacy & Bill 148

Written by:  Gwyneth James MBA CPA, CGA  Senior Partner The Peterborough Chamber of Commerce is a non-profit, membership-driven association that advocates on behalf of the Peterborough business community. Members of Chambers across Ontario, including yours truly, loudly and firmly stated their displeasure with one aspect of their government’s Bill 148 which introduced several updates to … Read more

Are You Thinking About Owning a Rental Property?

Written by; Suzanne Cody CPA, CGA When you earn income from renting a property it can affect many things from a tax perspective. It is important that you are aware of these effects so that you are not surprised when it comes time to file your taxes. The income from renting personal property can be … Read more

Do You Know Just How Important Financial Ratios Are?

Written by; Suzanne Cody CPA, CGA, Senior Partner Just exactly what are financial ratios? In business, they are a measure of a company’s financial and operating performance. They are used to demonstrate the value of the business. They can be used to compare a business to other businesses in both similar and different industries as … Read more

Should You Incorporate a Service Based Business?

Written by: Suzanne Cody CPA, CGA Single shareholder corporations are probably one of the most common types of corporations created in Canada.  When making the decision to incorporate, you should be aware of the pitfall of becoming an incorporated employee.  As many contractors are finding out, tax-wise, it’s the most dangerous.  It is known as … Read more

Cody & James Chartered Professional Accountants