top of page

Search


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
Â
Â
Â


Tax Planning Strategies for Calgary Entrepreneurs: RRSPs, TFSA & Dividend Decisions
Smart tax planning is essential for Calgary entrepreneurs. This guide explains how to strategically use RRSPs, TFSAs, and salary vs. dividend choices to lower your tax bill, maximize retirement savings, and build long-term financial strength. Whether you're incorporated or self-employed, these strategies can help you make the most of your income—legally and effectively.
Sahilpreet
Jun 2417 min read
Â
Â
Â


Canada to Meet 2% NATO Defence Spending Target: What It Means & How It Will Happen
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.
Sahilpreet
Jun 135 min read
Â
Â
Â


Inflation in Canada 2025: How It’s Impacting You — And What You Can Do About It
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.
Sahilpreet
Jun 136 min read
Â
Â
Â


5 Powerful Ways to Invest Your Tax Refund in 2025 (That Actually Build Wealth Long-Term)
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.
Sahilpreet
Jun 135 min read
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


Navigating the Future: Key Accounting Trends Shaping 2025
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
Sahilpreet
Jun 46 min read
Â
Â
Â


Surviving and Thriving: What Canada’s 2025 Tax Changes Mean for Trucking Companies
Surviving and Thriving: What Canada’s 2025 Tax Changes Mean for Trucking Companies
Sahilpreet
Jun 33 min read
Â
Â
Â


Canada’s 2025 Federal Tax Cut: What It Means for You
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.
Sahilpreet
Jun 33 min read
Â
Â
Â


5 Surprising Canadian Tax Tips You Didn’t Learn in School
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.
Sahilpreet
Apr 243 min read
Â
Â
Â


CPAB Rule Changes: What Naming Names in 2026 Means for Canadian Audit Firms
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.
Sahilpreet
Apr 233 min read
Â
Â
Â


How Restaurants in Alberta Can Tighten Their Books and Improve Cash Flow in 2025
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.
Sahilpreet
Apr 215 min read
Â
Â
Â


Mastering Restaurant Accounting in Canada: A Comprehensive Guide for Restaurant Owners
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.
Sahilpreet
Apr 1710 min read
Â
Â
Â


How to Prepare for Year-End Tax Filing: A Comprehensive Guide for Canadian Business Owners
Tax season in Canada is in full swing—and for small business owners, that means more than just gathering receipts. It's about making informed decisions that could impact your financial future. From organizing year-end documents to understanding CRA audit triggers and optimizing your tax strategy, staying ahead is critical. In this guide, we break down what you need to know to reduce stress, stay compliant, and maximize your deductions.
Sahilpreet
Apr 158 min read
Â
Â
Â


What Small Business Owners in Should Know About the Alberta Corporate Tax Rate in 2025
Alberta has long distinguished itself as a favourable jurisdiction for corporate investment and entrepreneurial growth, owing in part to...
Sahilpreet
Apr 153 min read
Â
Â
Â


Mastering Tax Planning in Canada: A Comprehensive Guide
Welcome to our comprehensive guide on tax planning in Canada! In this book we explore essential strategies that will enable you to...
Sahilpreet
Oct 20, 20234 min read
Â
Â
Â


Unlocking Business Potential: How Accounting Firms Can Drive Entrepreneurial Growth
Introduction Entrepreneurship is a challenging and rewarding journey that is full of opportunity. Every stage of a startup's development,...
Sahilpreet
Oct 2, 20232 min read
Â
Â
Â
Blog
bottom of page