Let’s Get Shredded for Brock Mission
“When businesses work together, great things happen.” Indeed!
Clean out your desks & support a good cause!
Do you have piles of paper collecting in your home or office that you’ve been meaning to deal with? Sensitive information that you don’t want in the trash and should be properly shredded? Well now is the time! Throughout the month of September, bring your boxes and piles of documents to be shredded into our … Read more
Record Keeping: I need more space – what documents can I shred & which do I keep?
Originally posted September 11, 2019 – Updated August 22, 2022 Do I need to keep records when I have hired an accounting service? According to the law, you must retain and protect any records related to your personal or business tax returns even if you hired Cody & James, or another third party to prepare … Read more
The Importance of Naming Beneficiaries
A number of clients have recently needed an explanation on the difference between beneficiaries named in a Will and beneficiaries named to a particular investment. When an individual dies, the value of all assets held on the date of death are subject to a Provincial “Estate Administration Tax” (usually called Probate tax) except those that … Read more
What is a Controller and Should I Hire Cody & James as Mine?
What is a financial controller? A financial controller is someone who oversees all accounting activities within a company. In the simplest of definitions, they are the lead accountant. Their role is to provide financial leadership and ensure accounting allocations are made and recorded. Typically, a financial controller will report to the chief financial officer (CFO); … Read more
Planning on Retirement? Here’s your Retirement Financial Primer
The biggest change, once one retires, is the lifestyle change: what do you do when you used to go to work. This can be a hard adjustment. Another big change is in the area of finances and taxation and that is what we will look at here. Debt Debt is simply much more difficult to … Read more
IMPORTANT Updates for all our Payroll Clients
Today we announced some important updates for our payroll clients. Click here for the full details. Included in the announcement: Minimum wage increase effective October 1, 2020 Extra reporting requirements related to pandemic programs (TWS & CEWS) Timing of payroll for our clients Employer responsibilities as it relates to TD1 forms Employment Standards Act poster … Read more
Are GIC’s a Good Investment for Me?
GICs, or Guaranteed Investment Certificates, were once very popular. Essentially a GIC is a loan you make to a financial institution for a fixed rate of interest for a fixed period time. With interest rates currently very low the GIC seems to have fallen out of favour but let’s give it a second chance. The … Read more
Here’s how your safety is protected
We’ve re-opened our office to the public, but you will notice some changes. Not unlike other businesses in our area, your experience when visiting us will be different, but these measures are in place to keep our staff and our clients safe. Just dropping documents off? You may come into the reception area (maximum 3 … Read more