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Stop Mixing Business with Personal

Imagine you start tracking your calories to get into shape. You are hitting your calories every day according to myfitnesspal, but you're not seeing any progress. Then your coach asks you, "are you tracking everything?" And you realize you haven't been tracking that...

Can You Write off Your Clothes?

The way we dress can have a strong effect on our business results. Looking presentable can send a certain psychological trigger to our clients. Even if we don’t know WTF we are talking about, it can help us come across as a credible source for our clients. But, the...

9 Common Home Office Expenses

At Measured Growth CPA, we work primarily with clients that have online or virtual businesses. This means that many of them may not have a physical office outside their own homes. And with Covid19 changing the world, this may be the case for more and more businesses....

Deducting Your Spouse’s Cellphone Bill

The CRA allows you to deduct a reasonable portion of your cellphone bill as a business expense. This is something that you might have realized, but did you know that you may also be able to deduct your spouse’s cell phone bill?Now, this isn’t going to...

How The CRA Uses Social Media To Catch You

Let’s talk about unreported income.The tax system relies heavily on a trust system. The CRA expects you, as a Canadian Resident, to report all your worldwide income and pay tax on it. Yes, that rental property you have in Florida would also be subject to...

CERB Extended For 2 Months

CERB payments have been extended for 2 more months! I've never been more proud to be Canadian. Many people don't agree, but I think the support that we've received from the government during these times has been incredible.  My fear is for what's to come....