Frequently Asked Questions

Tax & Accounting FAQ

Plain-language answers to the questions Alberta business owners ask us most.

CRA & filing

Deadlines, payments & slips

When personal and corporate returns are due, and when interest and penalties start.

Whether you need to pay personal or business tax instalments, and when.

Ways to pay a balance owing to the Canada Revenue Agency electronically.

When to register, choosing a reporting period, showing your GST number, and closing an account.

Who must file T4 slips, the filing deadline, and where to get help.

Expenses

What counts as a business expense, and the two big exceptions.

How the CRA’s reasonable per-kilometre allowance works when you reimburse employees.

Buying a vehicle personally or through your business, for proprietors and corporations.

Owners

How the shareholder loan account works, and how to stay out of trouble with it.

Why the accountant who does your corporate return should prepare your personal return too.

Bookkeeping

Bookkeeping software your team uses through a web browser, on a subscription.

Access from anywhere, multiple users, automatic backups, bank integration and more.

A conversation, not a commitment.