Brian K. Hlady Professional Corporation

It's a Good Friday, and not because of the late breaking cancellation of the filing requirement for bare trusts. My latest ad in the Ottawa Lookout ran. They're good people, doing good work.

Province promises half a billion to Ottawa The Ontario government will give Ottawa nearly half a billion dollars…but there’s a catch.

Lookout. It's Monday.

I placed a primary ad with the Ottawa Lookout as much to attract potential business clients as I did to support local media. More the latter really.

With media reducing local coverage everywhere, I subscribed to and support their work.

Winter is here, will it stick around? Sunday’s snow was just the start, with another storm expected to hit later this week.

Dealing with the death a loved one is always difficult, and their taxes require a careful touch and consideration.

Navigating Tax Returns After A Loved One's Death: A Guide To HBP And LLP Withdrawals - BKHPC - Ottawa Accountant Tax implications of HBP and LLP withdrawals after a loved one's passing with expert advice on RRSP management and financial decisions.

This week, we're going to go over the basics of HST starting with the need to register.

Understanding HST Registration For Canadian Business Owners - BKHPC - Ottawa Accountant Guide for Canadian business owners on understanding and navigating HST registration requirements. Dive deep into the importance, challenges, and insights.

Now that you're incorporated, your bank account is open, and you've set up your CRA My Business Account, let's talk about your first corporate tax return.

Ok. I’m Incorporated. Now What? – Corporate Tax - BKHPC - Ottawa Accountant This applies to the newly incorporated Canadian business owners outside of Quebec who want to understand what their filing obligations are. Most of it

https://bkhpc.ca/managing-your-cra-business-account/

Ok. I’m In Business. Now What? Managing Your CRA Business Account - BKHPC - Ottawa Accountant Now that you have a business number, you’ll want to be able login to your CRA My Business Account. This part will take a few days as the CRA will mail you a

Newly Incorporated in Canada? Wondering what to do next? I'm sharing the steps I took, and what I advise my clients.

Okay, I’m Incorporated. Now What? – My Business Banking - BKHPC - Ottawa Accountant This applies to the newly incorporated business owners who want to minimize their record keeping headaches, understand their current financial foundation, and

From the AP news yesterday, some tax prep firms are playing fast and loose with data privacy and security. Seems like they're selling your data to make up for their low prices. That's not just a breach of trust – it's downright unethical.

I don't sell or share your info. My safeguards include using encrypted hard drives, strong passwords, and two-factor authentication. I don't use public WiFi, and I send and receive documents securely through e-courier.ca

Data privacy isn't just a business practice—it's table stakes. I don't compromise on the safety and security of my data, and I respect the trust you've placed in me and the letters after my name to treat yours exactly the same.

This isn't just for my clients, either. It's a wake-up call for us all. Let's work together to create a culture of data privacy and integrity. A world where personal data misuse isn't just frowned upon—it's unthinkable. Remember, as a client, you deserve to know how your personal data is used and protected.

So, it's 9 AM. Do you know where your data is?

3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years.

Are you a Canadian Business Owner?

Being able to administer your CRA account is critical. From it, you can pay your tax owing, authorize a representative, and receive CRA Mail.

How to Register for CRA My Business Account in Canada 💻 2023 https://youtu.be/23CgUwH0X10 via

How to Register for CRA My Business Account in Canada 💻 2023 In this tutorial, I'll share how to register for CRA my business account in Canada. I'll go through the step-by-step process of my business account registrat...

https://bkhpc.ca/navigating-rrsp-overcontributions/

Successfully Managing RRSP Overcontributions: The Steps That Make The Journey - BKHPC - Ottawa Accountant Discover how I successfully helped a client navigate RRSP overcontributions, reduce penalties, and obtain relief. Learn essential steps to effectively manage RRSP overcontributions and protect your rights. Gain insights to tackle T1OVP forms and understand the CRA's process.