Month: April 2025

How to Get Bookkeeping Clients in Canada for 2025

In 2025, getting bookkeeping clients in Canada requires more than word-of-mouth or outdated referral tactics. With SMEs embracing digital tools and demanding flexible, virtual support, bookkeepers must adopt a multi-channel strategy that speaks directly to niche industries from tech startups to dental clinics. By defining your ideal client, optimizing your online presence, and leveraging targeted SEO, you can position your services where modern Canadian businesses are already looking.

How to Survive a CRA Audit in 2025: Key Triggers to Know

Facing a CRA audit can feel daunting, but with the right preparation, it doesn’t have to be. Not all audits mean trouble—many are routine compliance checks. This guide from NCS Global outlines what triggers CRA audits, the difference between reviews and full audits, and practical steps to navigate the process.

Download Bookkeeping Service Agreement Template

FREE Bookkeeping Service Agreement Template Canada 2025

A bookkeeping service agreement is a vital document that outlines the working relationship between a business and its bookkeeper. It defines the scope of services, payment terms, confidentiality clauses, and legal responsibilities—helping prevent misunderstandings and ensuring smooth financial operations.

Canada Work from Home Tax Credit in 2025: What to Claim

In 2025, you can claim home office expenses if you worked from home over 50% of the time for at least 4 weeks. The flat-rate method is gone, so you’ll need detailed records for things like rent, utilities, and internet. Get your T2200 form from your employer and use T777/T777S to calculate your deductions. Keep those receipts and maximize your claim!

Shortage of Accountants in Canada: CPA Fixes for 2025

In April 2024, BNN Bloomberg revealed that 90% of Canadian finance and accounting hiring managers are struggling to fill vacancies due to a shortage of accountants. With more CPAs retiring than entering the field and fewer students enrolling in accounting programs, Canada faces a looming crisis. This shortage is impacting business operations, increasing compliance risks, and causing burnout among existing professionals. To ensure the future of the accounting profession and protect economic stability, a multi-faceted solution involving government, educational institutions, and businesses is essential.