As a Calgary professional in your 40s, planning for retirement means balancing RRSPs, TFSAs, CPP, and more while managing your business and family. Discover tax-efficient strategies—from maximizing contributions to choosing between dividends vs salary—to secure a comfortable retirement in Canada. Our Calgary accountants guide you through inflation challenges, investment risks, and opportunities unique to mid-career entrepreneurs and individuals.

Discover how passive income can impact your small business in Calgary. From rental income and dividends to investment strategies, learn how to grow your business while avoiding tax pitfalls. Sahil & Meher Accountants and Consultants specialize in helping Calgary entrepreneurs manage passive income, reduce taxes, and build long-term financial success. Find out how passive income can support your business growth and stability in the Alberta economy.

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.

Canada will meet NATO’s 2% defence spending target in 2025. Learn how Ottawa plans to fund the military boost, Carney’s role, and how new defence investments will impact Canadians, small businesses, and the economy.

Wondering what to do with your 2025 tax refund? Instead of spending it, turn your refund into long-term wealth. Discover 5 powerful strategies to invest your tax refund in Canada — from paying off high-interest debt, boosting RRSP and TFSA contributions, to building your emergency fund and growing your investments.

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.

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.

As 2025 unfolds, the accounting profession is undergoing a significant transformation driven by automation, sustainability reporting, cybersecurity, and evolving client demands. In this in-depth blog, we explore ten pivotal trends reshaping the CPA landscape—from AI-powered workflows to ESG integration and remote advisory services. Whether you're a seasoned accountant or a growing firm in Canada, understanding these changes is crucial to staying competitive, compliant, and cl

On May 27, 2025, the Canadian government announced a key tax cut reducing the lowest personal income tax rate from 15% to 14%. This change, aimed at supporting middle-income Canadians, could mean hundreds in savings for individuals and families. In this blog, Sahil & Meher Accountants and Consultants break down what the new tax policy means for you, the broader economic context, and how to plan smartly in light of these changes.

As short-term rental regulations tighten across Alberta, landlords must navigate a complex mix of municipal licensing, CRA compliance, insurance gaps, and tax implications. This blog breaks down the 2025 updates — including what’s happening in Calgary — and outlines the key steps landlords should take now to stay compliant, avoid costly mistakes, and protect their investments. Whether you're running an Airbnb or planning your first STR, this is essential reading.

In 2025, your side hustle isn’t just supplemental income—it’s a strategic tax planning tool. Whether you’re freelancing, selling online, or creating content, structuring your side gig as a business opens the door to powerful deductions that salaried employees can’t access. From home office write-offs to tech subscriptions and vehicle mileage, learn how to turn everyday business expenses into legitimate tax savings—while staying fully compliant with CRA regulations.

Starting in 2026, CPAB will publicly name Canadian audit firms with significant inspection deficiencies. Discover what this shift means for audit quality, firm reputation, and market transparency.

Paying yourself as a small business owner in Canada isn't as simple as transferring money from your business account to your personal one. The method you choose — whether salary, dividends, or a mix of both — carries important tax, legal, and financial planning implications. This guide breaks down your options based on your business structure, helping you understand the pros, cons, and compliance requirements so you can make informed decisions that support both your business

Alberta restaurants are under pressure from rising costs and tighter margins. Learn five proven accounting strategies to boost cash flow, reduce waste, and make smarter financial decisions in 2025.

Discover the ultimate guide to restaurant accounting in Canada—crafted specifically for owners and operators. Learn how to optimize operations, track financial performance, unlock tax credits, and work seamlessly with your accounting team to maximize profitability and compliance.

Alberta has long distinguished itself as a favourable jurisdiction for corporate investment and entrepreneurial growth, owing in part to...

Accounting can often feel like navigating a labyrinth, especially for small business owners. Missteps can easily lead to significant...