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What is My Company's Break-Even Point?

For small business owners, it is important to understand the company’s break-even point so that they know how much they need to achieve in sales or services to realize a profit. The break-even point...

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Choosing Accounting Software for your Business

People who run their own small business have to be able to do a little bit of everything as well as the main point of your business – marketing, payroll, accounting… Accounting. And that is...

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Business Structure - The Key to a Successful Business

Starting a business is exciting. But without the correct professional guidance, it can be downright scary. So many tasks to be completed. So many deadlines. So many questions that need to be answered....

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When Outsourcing an Accountant Makes Sense

Delegating out your accounting projects does not make sense for everyone. Making the decision depends on a huge number of factors: the size of your company, the complexity of your accounting needs, the...

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What does Property Tax in Hamilton & Ancaster Cover

As a property owner, property tax just comes with the territory. Deciphering what is included in your Ancaster property tax can be overwhelming. At Peter’s Accounting, we have years of experience decoding...

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Types of Taxes in Ontario

Deciphering the different taxes in Ontario requires both time and patience. For years Peter’s Accounting has been helping businesses large and small learn how to adhere to Ontario’s different...

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Bookkeeping and Tax Services - CRA Technical Expertise

Unless you are an accountant yourself, you are likely enlisting the assistance of one for your business. As a business owner, you know that general bookkeeping is just the beginning. Every business owner...

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Common Provincial and Federal Forms For Businesses

If you have ever tried to navigate the Canada Revenue Agency website you will know that it can be a sea of confusion and frustration. Just trying to find answers to seemingly simple questions can be an...

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Small Business Tax Planning Tips

No matter what size of business you operate, tax time can be, well, a taxing time. The best defense is knowledge. Having an experienced, qualified accountant on your team is one way to ensure you cross...

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Accounting Changes Over the Past Decade

Over the past ten years, the basic tenets of accounting have not changed drastically - an accountant is still responsible for the important task of identifying revenue and calculating expenses, and ensuring...

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