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What Is a Compilation Report? A Clear Guide for Small Business Owners and Startups
Need professional financial statements but don’t require a full audit? A Compilation Report offers small business owners and startups a cost-effective solution. Learn what it is, when to use one, and how a CPA can help under CSRS 4200.
Sahilpreet
Jun 255 min read
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Why Calgary Businesses Are Facing More CRA Audits in 2025 (and How to Prepare)
Calgary businesses are under unprecedented scrutiny from the Canada Revenue Agency (CRA) in 2025. This comprehensive guide explains why CRA audits are rising – from a nationwide crackdown on unreported income, real estate flips, and cash sales to audits of COVID-19 relief claims – and how to prepare. Learn about the CRA’s new high-tech enforcement tactics and get expert tips to ensure your company’s books are audit-ready and compliant.
Sahilpreet
Jun 2413 min read
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Small Business Accounting in Calgary (2025): What You Need to Know to Stay Profitable
Calgary small businesses face rising costs, CRA audits, and tighter cash flow in 2025. Learn how to protect your business with expert tax planning, bookkeeping, and accounting strategies from Sahil & Meher Accountants and Consultants.
Sahilpreet
Jun 136 min read
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2025 Tax Deadlines and Tips for Self‑Employed Filers in Canada
Self-employed Canadians face unique 2025 tax deadlines, with returns due June 15 (June 16 in 2025), but payments still due April 30. Learn how to organize income, claim deductions, avoid costly mistakes, and navigate CRA rules. This in-depth guide from Sahil & Meher Accountants and Consultants helps freelancers, contractors, and small business owners file accurately and minimize taxes.
Sahilpreet
Jun 1224 min read
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Smart Financial Management for Alberta Restaurants: Accounting Strategies to Thrive in 2025
Alberta's restaurant scene is vibrant, competitive, and uniquely challenging. From navigating provincial tax rules to optimizing food costs and payroll, restaurant owners need a firm financial strategy to survive and thrive. This in-depth blog offers practical accounting insights tailored specifically to Alberta's restaurant industry in 2025. Discover how to manage cash flow, stay audit-ready, and boost profitability with proven strategies backed by local expertise.
Sahilpreet
Jun 44 min read
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The Biggest Accounting Mistakes Small Business Owners Make
Accounting can often feel like navigating a labyrinth, especially for small business owners. Missteps can easily lead to significant...
Sahilpreet
Apr 73 min read
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