September 1, 2023
by
Shannon McIntosh, Manager
Welcome back to The Bright Side! This month’s blog post explores the evolving state of cloud accounting and all the positive ways businesses that migrate to the cloud can benefit from this shift, including new access to efficiencies and savings. All the time and money you devote to data entry could be eliminated almost overnight with a shift toward automation, and significant new possibilities are emerging with each passing month. Cloud accounting ultimately frees business owners to focus more on what they do best. If you’re not sure cloud accounting is right for you, allow me to explore The Bright Side.
July 19, 2023
by
Sarah Netley, Francesca Loreto
This episode concludes our miniseries for owner‑managed businesses, so if you haven’t heard parts 1‑3, we recommend you check those out!
June 27, 2023
by
Shannon McIntosh, Manager
Welcome to this month’s edition of The Bright Side. This time around, we’re diving into key aspects of taking your business to the next level as a new entrepreneur. These include how much to charge your clients, how to set and achieve big business goals and building strong client relationships.
June 12, 2023
by
Sarah Netley, Francesca Loreto
Maximizing your business valuation doesn’t have to be a mystery.
May 24, 2023
by
Shannon McIntosh, Manager
Welcome to this month’s edition of The Bright Side. If your goal is to be a mom while running your own business, this blog entry is for you. There are plenty of ways to balance the dream of motherhood without extinguishing the flames of entrepreneurship. Don’t doubt yourself, you can do it all. Though it is a lot of work, the best things always are!
May 8, 2023
by
Sarah Netley, Francesca Loreto
It seems weird to plan an exit strategy for a business you just started, but planning your exit can give you peace of mind and save you time and money when the time comes to leave.
May 8, 2023
by
Sarah Netley, Francesca Loreto
Welcome to part one of a four‑part miniseries where Frankie and Sarah will focus and highlight key areas of interest for owner‑managed businesses.
May 8, 2023
by
Sarah Netley, Francesca Loreto
In this inaugural episode, Frankie and Sarah introduce themselves, and share a little bit about Baker Tilly.
April 27, 2023
by
Shannon McIntosh, Manager
Ahh, April. The signs of spring are all around us – warmer weather, birds chirping, trees budding and, above all (well, for accountants at least), tax season. It’s the most wonderful time of the year!
March 13, 2023
by
John F. Oakey
The 2023 federal budget is just around the corner. What new tax measures can we expect to see from Finance Minister Chrystia Freeland? Without a crystal ball, we are left with educated guesses, informed speculation and, in some cases, open questions. Here, we take a look at what the budget may hold and break down some possible outcomes.
March 7, 2023
by
Shannon McIntosh, Manager
With March 8 being International Women’s Day, this edition of The Bright Side holds special significance. As I grow and progress in my career, I am grateful for all the leaders and mentors I have met along the way. In particular, I’ve had the privilege to work with several exceptional women who’ve shown me the true meaning of leadership.
February 28, 2023
by
Shannon McIntosh, Manager
Welcome to this month’s edition of The Bright Side. Recently, I had the pleasure of chatting with Natasha Sangra, one of our clients at Baker Tilly Catalyst. She took her business, The Beautox Bar, from bold idea to successful reality through plenty of hard work, planning and determination. Let’s dive into how she did it.
February 10, 2023
by
Shannon McIntosh, Manager
Manager, Client Advisory at Baker Tilly Catalyst, Shannon McIntosh has overcome anxiety, insecurity and depression to emerge as a voice of empowerment, helping clients and colleagues exceed expectations and break new ground. In The Bright Side, she taps into her specialized experience working with non‑profit businesses and her passion for helping organizations that support the community to offer enlightening tax, financial and business guidance to help replace self‑doubt with self-belief.
December 12, 2022
“As a profession, accounting and how accountants work will benefit profoundly from the trend toward greater automation and artificial intelligence applications.”
December 9, 2022
by
Chris Alexander
The Excise Tax Act (ETA) outlines specific rules regarding the reporting of GST/HST collected on sales of real property used in commercial activity. The ETA requires self‑assessment of GST/HST payable on a transaction by the purchaser, rather than collection and remittance by the vendor. Instead of immediately remitting the GST/HST to the vendor, the buyer is required to declare GST/HST collected and GST/HST paid (if the expense is eligible for an input tax credit) on their own return.
October 7, 2022
by
Terri Holowath
“I find it ironic how our profession often has a reputation for attracting those who are averse to change, when in reality we deal with it every day and in so many ways.”
September 22, 2022
by
Tammy Carlin
“The best advice I ever received did not come through words. It came by observing my longtime mentor in action. Following his lead, [SA1] I prioritize respect, trust, care and empathy in serving clients and mentoring staff.”
September 19, 2022
by
Ryan Kitchen
The federal government introduced the Return of Fuel Charge Proceeds to Farmers Tax Credit in December 2021 to help farmers offset the high cost of the carbon tax.
August 24, 2022
by
Candice McKay
Over the past 10 years, we have seen a great deal of consolidation among agribusinesses. As these businesses grow and accumulate debt, doing the bookkeeping and accounting at the kitchen table is no longer viable. By introducing cloud-based accounting, these businesses are better positioned to address complex reporting requirements.
July 21, 2022
by
Bud Arnold
“Ultimately, focusing our efforts on what we do best enables us to help businesses and people grow.”
