Small Business

Your December To Do List!

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Written by Gwyneth James MBA CPA Okay, I know…accounting is the farthest thing from your mind right now, but hear me out. There are just a few items that you need to take care of while you sip your glass of eggnog. If you have a vehicle you use for business or employment, don’t forget … 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

Giving Employees Holiday Bonuses

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Written by:  Gwyneth James MBA, CPA, CGA Holiday Bonuses! Don’t give out bonuses to your employees before reading this! At this time of year, you may be wondering about the rules for giving your employees bonuses and gifts for Christmas or year-end.  The CRA has specific rules about giving employees gifts and bonuses that determine … Read more

Have You Set Up Your Shares?

Written by:  Suzanne Cody CPA, CGA  Senior Partner Have you set up your shares? One of the most important things you need to do when creating a new corporation, in addition to preparing Articles of Incorporation, is to set up share classes. Do you really own your corporation? Unless it is restricted by its articles, … Read more

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

Cody & James Chartered Professional Accountants