Bookkeeping Tips
7 Bookkeeping Mistakes Small Businesses Make (And How to Avoid Them)
Poor bookkeeping is one of the leading causes of small business failure. Here are the most common mistakes we see — and how to fix them.
6 min read
Read Article Resources & Insights
Accounting & Tax Resources for Canadian Business Owners
Practical guides, tax tips, and financial insights from the N2 Accounting team — to help you make better decisions for your business.
Featured Articles
Tax Planning
5 Corporate Tax Planning Strategies Every Canadian Business Owner Should Know
Strategic tax planning can save your corporation thousands of dollars each year. Here are five strategies to discuss with your accountant before year-end.
8 min read
Read Article CRA Updates
The Complete GST/HST Guide for Ontario Small Businesses
Everything Ontario business owners need to know about GST/HST — registration, filing, input tax credits, and avoiding common mistakes.
10 min read
Read Article All Articles
7 Bookkeeping Mistakes Small Businesses Make (And How to Avoid Them)
Poor bookkeeping is one of the leading causes of small business failure. Here are the most common mistakes we see — and how to fix them.
6 min read
5 Corporate Tax Planning Strategies Every Canadian Business Owner Should Know
Strategic tax planning can save your corporation thousands of dollars each year. Here are five strategies to discuss with your accountant before year-end.
8 min read
The Complete GST/HST Guide for Ontario Small Businesses
Everything Ontario business owners need to know about GST/HST — registration, filing, input tax credits, and avoiding common mistakes.
10 min read
10 Cash Flow Management Tips for Growing Businesses
Cash flow problems are the #1 reason profitable businesses fail. These 10 strategies will help you manage cash flow and avoid shortfalls.
7 min read
Payroll Compliance in Ontario: What Every Employer Needs to Know
Ontario payroll compliance involves more than just cutting cheques. Here's what every employer needs to know about CPP, EI, income tax, and CRA remittances.
9 min read
Canada Small Business Financing Program (CSBFP): A Complete Guide
The CSBFP is one of the best financing programs available to Canadian small businesses. Here's everything you need to know about eligibility, loan limits, and how to apply.
8 min read
QuickBooks Online vs. Xero: Which Is Right for Your Business?
Both QuickBooks Online and Xero are excellent cloud accounting platforms. Here's how to choose the right one for your business.
6 min read
Year-End Accounting Checklist for Canadian Corporations
Use this checklist to ensure your year-end accounting is complete, accurate, and ready for T2 filing.
5 min read
Salary vs. Dividend: How to Pay Yourself from Your Corporation
One of the most important tax decisions for incorporated business owners is how to extract income from their corporation. Here's how to think about salary vs. dividends.
7 min read
The Small Business Deduction: How to Maximize Your Tax Savings
The small business deduction reduces the federal corporate tax rate to 9% on the first $500,000 of active income. Here's how to ensure your corporation qualifies.
6 min read
Hiring Your First Employee in Ontario: A Financial Checklist
Hiring your first employee is a major milestone — and a significant financial responsibility. Here's what you need to set up before your first hire.
8 min read
CRA Audit: What to Expect and How to Prepare
Receiving a CRA audit notice is stressful — but being prepared makes all the difference. Here's what to expect and how to protect yourself.
7 min read
Free Consultation
Book My Free Consultation
Tell us about your business and we'll get back to you within one business day — no obligation, no pressure.
What to Expect
- A 30-minute call with an N2 Accounting professional
- Review of your current accounting and tax situation
- Honest recommendations — no hard sell
- A clear quote if you decide to move forward
- Response within one business day
Prefer to call directly?
416-400-7395Stay Up to Date
Get accounting tips, tax updates, and small business insights delivered to your inbox.