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What Good Is A Loss?

Written By:  Suzanne Cody CPA, CGA As a business owner, you may face a loss from time to time but this does not mean that all is lost!  There are tax planning advantages which can help ease the stress that a year with poor financial performance brings. For tax purposes there are different types of … Read more

Bill 148 – More than Just Minimum Wage Increase

Written by; Gwyneth James MBA CPA, CGA Ontario Bill 148: Fair Workplaces, Better Jobs Act has received its second reading at Queen’s Park and appears set to be enacted on January 1, 2018. Bill 148 will amend portions of the Employment Standards Act (ESA) and the Labour Relations Act (LRA). With all the attention on … Read more

Must Know Tax Rules If You’re Heading South For the Winter

Written by Gwyneth James MBA CPA, CGA A client gleefully informed me this week that he’s off to Florida for the winter. I took a minute to check when he’ll be back. There are 3 reasons for this: (1) US taxes, (2) OHIP, and (3) Canadian resident status. The Canadian and US governments have improved … Read more

Why Should I Keep Good Records?

Written by:  Suzanne Cody CPA, CGA, Senior Partner We all know that anyone in business needs to keep records. Keeping good records is not always easy but is really quite important to your business. You need to keep good records to monitor the progress of your business. Records can show whether your business is improving, … Read more

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;

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.

The Nightmare of RRSP Over-Contributions

Written by:  Gwyneth James MBA CPA, CGA, Senior Partner For many years, taxpayers have been able to contribute to special investments called RRSPs (Registered Retirement Savings Plans) which are deducted from taxable income, but taxed when they are withdrawn – typically in retirement years. There is a limit on the amount you’re allowed to contribute: … Read more

Cody & James Chartered Professional Accountants