Software Review: QuickBooks Online
From cloud-based accounting software to desktop software to simple Excel documents, business owners can use various methods to track their monthly income and expenses. And if we are being honest, each accounting software has pros and cons.
| Read MoreWhat is Money?
Inflation – does the word send shivers up your spine? Palms sweating? I think we can all agree that our current inflation rates are problematic, and for many, the cause of inflation is our money system – the ability to “print money” or to inflate the money supply.
| Read More
5 Steps Small Business Owners Can Take to Manage Cash Flow More Effectively
Naturally, business owners are highly-focused on generating profits. They assume that if their business is showing a profit, they’re headed for smooth sailing.However, a new study shows that it’s cash flow issues, not profitability issues, that cause 8 out of 10 business failures.
| Read More
What tax implectations are when giving financial gifts or loans to your children.
One of the more common questions that come up in our office is “How much can I gift to my kids without triggering taxes?” Keep in mind that there are very different rules for “gifting” when it comes to US taxes, and I won’t touch on that in this article. If you want to know more related to US taxes and gifts, I encourage you to reach out to our resident US Tax Expert – Tyler Pocsik – he will be happy to answer questions related to US tax.
| Read More
Book Review: Wealthing Like Rabbits
How do you know which books to trust with the overwhelming number of personal finance, retirement planning and business management out there?
| Read More
Setting up a Business
If you are reading this, you have likely spent hours researching to determine the next steps to launching your product or services business.
| Read More
Everything you need to know about wills.
At JMH & Co. we appreciate that as we grow older, the importance of having a will also grows. If you are unsure of where to start or what you need to have in place, we have the information to help guide you.
| Read More
CPP | When should I start collecting?
One of the most common questions we are asked at JMH & Co. is, “When should I start collecting CPP?”
| Read More