» Blog - Presley & Partners


Advice and articles from our team leaders, specifically for business owners.
February 7th, 2018

What Employment Expenses Can You Claim on Your Personal Tax Return?

Shirley McIlroy, Accountant If your employer requires you to pay expenses related to earning your income, you may be able to claim those expenses on your personal income tax return. There are several rules and requirements to understand – and…

read more

February 1st, 2018

Starting A Small Business? Read These 3 Tips

Colleen Ellison, CPA, CGA, CA A trio of guidelines to keep your new business on track Starting a small business is an exciting, busy and eventful time, with so many things to plan and do. At Presley & Partners, we’ve…

read more

December 13th, 2017

How to Avoid a CRA Audit

Colleen Ellison, CPA, CGA, CA 9 tips to keep the Canada Revenue Agency happy – and what to do if you do get audited Canada Revenue Agency (CRA) audits are a drag – they’re stressful, time-consuming and they take you…

read more

October 18th, 2017

The Federal Government Has Declared War on Small Business – and They’re Lying About It

Ann Scott, CPA, FCA, Business Advisor The government’s spin is that they are trying to be ‘fair’ and that these changes only affect the 1% — the rich.  And that’s simply not true. How fair is it for the wife…

read more

August 23rd, 2017

The Business of Partnerships

Ann Scott, CPA, FCA, Business Advisor There may be 50 ways to leave your lover, but there are only three ways to own a business. The easiest way is to open a proprietorship – and that means just you.  Many…

read more

July 5th, 2017

The Daily Huddle

Ann Scott, CPA, FCA, Business Advisor Huddle has taken on a new meaning in our office. Here’s how we do it: Every morning at 9.18am, our whole team gathers for a short stand-up meeting – a huddle. Just like breakfast…

read more

April 12th, 2017

Help Your Business Succeed – Hire a CPA!

What CPAs can do for your business Colleen Ellison, Presley & Partners Want your business to exceed expectations? Hiring a CPA (Chartered Professional Accountant) is a great way to start. CPAs can be thought of as long-term partners in your…

read more

March 1st, 2017

Do You Own Your Business’ Word?

Can you describe your business in just one word? This one simple decision can make you and your business memorable. A word that you “own” can effectively separate you from the local crowd. Most businesses never think to find their…

read more

February 22nd, 2017

Apprenticeship Tax Credits for BC Employers and Employees

Know what you can claim – and when Karl Brune, BSc Have an apprentice, or thinking of hiring one for your business? Make sure you’re aware of the apprenticeship tax credits available to employers and employees! Apprenticeship tax credits for…

read more

February 15th, 2017

How a New 2016 Tax Rule Affects Selling Your Home in Canada

You must notify CRA when your principal residence sells Colleen Ellison, CPA, CGA, CA Selling your home? Don’t miss this new rule – it could cost you! Starting in 2016, you need to report the sale of your home (principal…

read more