Compiling financial reports can be daunting, but it’s crucial for business success. In this guide, our Calgary-based CPA firm explains how to master financial statement compilation – covering why accurate reporting matters, step-by-step compilation, best practices, the latest technology tools, and tips to boost financial literacy in your team. Empower your business with better financial reporting.

Introduction Are you a Calgary business owner wondering how  accounting is evolving in 2025 ? You’re not alone. From rising costs to...

The new generation of CPAs is reshaping accounting with technology, fresh ideas, and purpose-driven careers. Discover why Gen Z and millennials are redefining the profession – and why Calgary and Canadian businesses should be paying attention.

Maximize your Calgary business success with smart financial planning, review engagements, and corporate tax strategies. Learn how Sahil & Meher Accountants and Consultants help local businesses forecast growth, prepare reliable financial reports, and minimize taxes while staying compliant with Canadian regulations.

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.

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.

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.

Inflation in Canada is still squeezing businesses and households in 2025. Learn how rising costs, government policy, and Bank of Canada interest rates are impacting Canadians — and discover actionable financial strategies to protect your wallet, reduce debt, and safeguard your small business from inflation’s lasting effects.

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.

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

Surviving and Thriving: What Canada’s 2025 Tax Changes Mean for Trucking Companies

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.

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.

In today’s competitive business landscape, Canadian small business owners must juggle multiple roles: sales lead, customer service agent,...

Benefits of Professional Accounting Services Introduction In the intricate tapestry of Canada's financial landscape, professional...