Accounting & Tax Blog

Three generations of a farm family stroll through their field

Farm Succession Planning---Protecting the Future of the Family Farm in Alberta

Do you have concerns about how you'll leave your farm to your family? Careful planning will help you protect your legacy. In Alberta, where agriculture forms the…

young beef cattle stare over fence

Modern Accounting for Modern Ranches---From Livestock to Ledger

Discover how modern accounting is not just about crunching numbers. It's a strategic tool for sustainable growth and resilience in the dynamic landscape of modern…

unhappy businessman with the cash crunch blues

Cash Crunch Survival Guide - Part 1: Expert Advice for Cash-Strapped Businesses

Is your business facing a cash crunch? We'll help you navigate the most difficult of financial challenges, and guide you back to solid ground. This is Part One of our…

unhappy businessman with the cash crunch blues

Cash Crunch Survival Guide - Part 2: Cost-Cutting Ideas for Cash-Strapped Businesses

Is your business facing a cash crunch? This is Part Two of our Cash Crunch Survival Guide:Visit Part One: Expert AdviceVisit Part Three: Funding, Debt & Tax. Welcome…

unhappy businessman with the cash crunch blues

Cash Crunch Survival Guide - Part 3: Funding, Debt Management and Tax for Cash-Strapped Businesses

Is your business facing a cash crunch? This is Part Three of our Cash Crunch Survival Guide:Visit Part One: Expert AdviceVisit Part Two: Cost-Cutting Ideas. As we…

business-man-prepares-taxes-with-coffee

Why You'll Benefit When Your Accountant Prepares Your Personal Taxes

Are you a small business owner and thinking of preparing your own personal income tax return(s) this year? Business owners should not prepare their own personal…

Young couple hold sign: open for business

10 Steps to Starting a Business in Alberta: A Guide for Entrepeneurs

Getting Your New Business Off to A Successful Start. Looking to start a business in Alberta? A clear idea of the path to entrepreneurship will help you fulfill your…

A pile of T4s on top of other business documents

Filing T4s for Your Business

Filing T4 slips for your employees in Canada can be manageable as long as you know what goes into the process and how to complete the paperwork. That's why we've…

Arrows in two directions, wages vs dividends

Wages vs. Dividends - Part 1

Which is better for you, as the shareholder and owner of your business, wages or dividends? Which results in the least tax? Which results in the most cash? The…

arrows in two directions with woman yellow shoes

Wages vs. Dividends - Part 2

What other factors should a shareholder consider when deciding whether to pay themselves by wages or dividends? The Meeting. Last time, I met with a client who wanted…

link to Wages vs. Dividends, Part 3

Wages vs. Dividends - Part 3

Wages or dividends? A Few Final Considerations and the End of Our Story. The Meeting. We are continuing the discussion I had with my client, Mary, about factors…

senior couple enjoying themselves on the beach

Seniors: Common-Law or Single?

Must we file our taxes as common-law or can we just file as singles? The Rules. If any of the following are true, you should be filing as common-law:. As common-law…

female picking cucumbers in greenhouse

Three Skills For Business Success

Did you start your business because you are really good at your skill, trade or profession? The Meeting. I was meeting with a client, Robert, and we were discussing…

two male workers at construction site collaborate using mobile computer

What is Cloud Accounting?

Are you considering moving your bookkeeping to the cloud? Do you want:. The Meeting. I met with a new client, Chris, and we discussed his plans for bookkeeping. He'd…

piggy bank and sack of cash on a laptop computer keyboard

Shareholder Loan: Uses and Pitfalls

Ever wonder about this account on your Balance Sheet called the 'Shareholder Loan'? The Meeting . I was meeting with a client Ken, who had been working…

ZENALLY

Chartered Professional Accountants LLP

Send Us a Message

Payments

Please send eTransfers to
etransfer@zenally.cpa

Red Deer

(403) 343-2723

reddeer@zenally.cpa

516 Laura Avenue
Gasoline Alley
Red Deer County, AB
T4E 0A5

Map Link IconMap Link

Innisfail

(403) 227-4590

innisfail@zenally.cpa

5031  49 Street
Innisfail, AB
T4G 1A4

Map Link IconMap Link

All personal customer and business information submitted through this website will be held confidential. Privacy Policy

ZENALLY
Chartered Professional Accountants LLP
Copyright 2024 All Rights Reserved

DISCLAIMER: Any accounting, business, or tax advice contained on this website is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion.

If you are interested in talking more about any topic on our website or specifically how the information would likely impact you, we'd be happy to chat.