Accounting Blog for Businesses in Burlington, Oakville & Hamilton | SB Partners

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What is a Registered Education Savings Plan?

A Registered Education Savings Plan (RESP) is a special savings account that can help you, your family or friends start saving now for your child’s education after high school. The Government of Canada registers RESP’s so savings for education can …

The Benefits of a Tax-Free Savings Account (TFSA)

In 2009, the Federal Government introduced the Tax-Free Savings Account (TFSA), describing it as “the single most important personal savings vehicle since the introduction of the Registered Retirement Savings Plan (RRSP).”

Have a Vision for Success

For a business owner to be successful, he or she needs to have a vision. In other words, what is driving your business? Without it, how do you measure what you have created against what you originally intended? How can you empower employees if they …

What’s Driving the Value of Your Business?

Given the current economic climate, we find that most business owners are taking this opportunity to really focus on their operations. In part, this focus is attributed to ensuring their continued success in a period of uncertainty but business …

Manage the Risks, Leverage the Opportunities in Volatile Times

It’s a perfect storm out there—declining car sales, fluctuating exchange rates and shifting consumer preferences. Many auto dealers are wondering how to ride out the tough times and come out ahead. As the pressures mount, some auto dealers are …

SB Partners Appoints New Partner

With an ability to lead by example and take complex concepts and make them easy to understand, Michael Ervin embodies what it takes to join the Partner Team at SB Partners.

SB Partners Announces New Partner

NEWS RELEASE SB Partners LLP Announces New Partner March 2, 2010 For Immediate Release (Burlington, ON) In recognition of his contribution to the ongoing growth of the firm, SB Partners are pleased to announce the appointment of Trevor Hood as …

Does HST Differ for Short-Term and Long-Term Rental Properties?

Like everything to do with taxes, there is no blanket rule for how HST is applied to residential rental properties.

Changes to GST/HST Reporting for Dentists

The Canada Revenue Agency’s (CRA) decision to revoke the administrative arrangement with the Canadian Dental Association marks a significant change for GST/HST registered dental practitioners.

Changes to Reporting for Digital Platform Owners and Sellers

Reporting changes for digital platform owners and sellers changed in 2024, are you aware of how the requirements affect you?

Things to Consider When Using your Property as a Short-Term Rental

With the cost of living rising, more and more people are looking for ways to bring in extra revenue to improve their financial situation.

Understanding Income Valuations and Capitalized Cash Flow

When you think about how much something is worth—like a car, an investment in a rental property, or even a business—there are different ways to figure that out.

SB Partners Appoints New Managing Partner

A supportive leadership style and commitment to developing individuals and the firm make the appointment of Melanie McLeod to Managing Partner a natural fit.

50 Years of Accounting for Our Community

When you think of accountants, we know community isn’t the first thing that comes to mind. Let’s be honest, you’re thinking taxes, benefits, profits, losses, valuations and of course the CRA. But, when you delve into the real meaning of accounting, …

SB Partner and President elected as Regional Director of the Chartered Business Valuators Institute

Chartered Business Valuators Institute elects Burlington’s Trevor Hood, CPA, CA, CBV, CFF as Ontario Director

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Get in touch with us

Do you have a question for SB Partners? Need help to understand your business financials or value? We’re here to help with all of your accounting needs, please get in touch today.

Email us at help@sbpartners.ca or give us a call at 905-632-5978 or toll-free at 1-866-823-9990.

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