Budgeting, Forecasting, and Cash Flow | What’s the Difference and How to Use Each for Business Planning
As a business owner, it’s essential to the success of your business to manage your cash flow and prepare for the future through budgeting and forecasting. It’s important to understand what budgeting, forecasting, and cash flow are, and the role each activity plays in maintaining a healthy and growing operation. Budgeting for Your Business A […]
CEBA Loan Repayment Deadline Extension
Update – September 2023 The forgiveness repayment date has been extended to January 18, 2024 for eligible CEBA loan holders in good standing. More details about loan repayment and forgiveness are available here. ______________________ The Canada Emergency Business Account (CEBA) program has provided interest-free, partially forgivable loans to almost 1 million businesses and non-profit organizations […]
2022 Canadian and Albertan Tax Brackets and Rates
What Are Tax Brackets? The Canada Revenue Agency administers federal income taxes through a marginal tax rate system. A different tax rate is applicable to each level of income, and these levels are called tax brackets. Tax brackets are structured so that low-income Canadians pay a lower percentage in taxes than high-income Canadians. This system […]