Mason Miller Accounting & Taxation Inc.
140 Dunlop Street East, Unit 201 L4M 6H1 Barrie, ON, Canada

It's everyone's worst nightmare, getting audited by the CRA. Here are 10 things that could raise red flags for you as you prepare your incomve tax this year: https://financialpost.com//10-red-flags-that-could-lead-to

As bookkeepers, we’re on the lookout for anything out of the ordinary. For one client, after we prepared financial statements we spent some time doing some year over year comparison. Our analysis showed that Insurance costs had increased dramatically over a period of time. The client reached out to the insurance company, the error was identified and it resulted in a refund of premiums of $7,000. We’ll show you the right way to look at your numbers and books so you never miss an opportunity to save or grow.

Did you know as a business owner you have options when it comes to paying off debts such as corporate income tax, GST/HST and payroll deductions. Learn about your options: https://www.canada.ca//when-you-money-/corporate-debt.html

Small business is key to a strong and sustainable community. We love all that Sonder Studio has done and continues to do to support the small business community. And if you’ve not yet tried the pizza you are missing out!

Dealing with the CRA can be a scary thought and the letters they issue can be overwhelming. We are registered with the CRA ‘Represent A Client’ program allowing our clients to provide CRA with authorization for us to work with the CRA directly on their behalf for tax services. We have helped hundreds of clients with CRA communications and helped to organize the paperwork, forms and slips necessary when the CRA requests an audit of your tax return. Contact us today: https://masonmiller.ca/contact/

Applications are open for the new Ontario Small Business Support Grant. Check here for more information and to see if your business qualifies. https://www.ontario.ca/p/businesses-get-help-covid-19-costs

CRA My Account Have you registered? My Account allows you to conveniently access your income tax and benefit information as well as manage your tax affairs in one place. We recommend starting the registration process BEFORE you need it (it can take up to 4 weeks to process the request). https://www.canada.ca//e-service/account-individuals.html

Tomorrow kicks off a new year and a new chapter. Wishing you great health, happiness and prosperity in 2021.

We are especially thankful this year to our team, our clients and our community and thank them for their support. We wish you and yours a wonderful holiday season.

The updated working from home tax deduction may now apply to you! The #CRA changed the rules, now giving Canadians who worked from home 50 per cent of the time over a period of at least four consecutive weeks in 2020 the ability to apply for this deduction. Read more: https://www.cbc.ca//poli/cra-tax-deduction-covid-1.5842048

Are you a solo-preneur? Is your to-do list a mile long? You may need to consider hiring for or outsourcing some of these tasks based on your goals, abilities, time available and even interest level. Check out these 16 areas solo-preneurs should hire or outsource for: https://www.forbes.com//16-areas-solopreneurs-need-to-hi/

We can't stress it enough... better books TRULY means better business. Why? When you have up to date numbers you can rely on, at your fingertips, you can make real-time decisions about your business with confidence. What bookkeeping efficiencies are you missing? We’ll show you. Contact us: https://masonmiller.ca/contact/

There is no denying Christmas will be different for most of us this year. While we try to focus on being grateful for what we have, we stumbled upon this tradition from Iceland. Sounds like a great solution for Christmas Eve 2020. What books have been on your list?

From our ‘team family’ to you and yours, have a safe and happy holiday season #2020style.

If we may be so bold as to compare ourselves to Sherlock Holmes... our process and practices are similar to those of a detective. We turn over every rock and stone to help you uncover efficiencies, understand your financial status, and set goals. That's what makes our job so rewarding!

Small business is key to healthy communities. As you run your last-minute errands and pick up packages for near and dear consider supporting local businesses. https://www.shopkeep.com//10-ways-small-businesses-benefit #bethechange #bethedifference

Psst. Want in on a secret? We know exactly what lenders like/want/need to see when it comes to applying for #businessloans & other funding. Let's talk! #MasonMiller http://masonmiller.ca/business-financing/

Calling all business owners - what's your BIG challenge? Bring it to us!

In a recent study of 1,000 small and medium sized businesses, 87 per cent expressed confidence that their business will survive. The reason? Many are adapting with changes to help their business success in this new environment we find ourselves in. Read on: https://financialpost.com//entrepreneurs-are-adapting-to-t

At Mason Miller, our own small business journey has taught us so much and we truly believe that this knowledge makes us a better partner to help other small businesses, whether just starting out, navigating difficult times, or perhaps even planning for retirement or sale. We've compiled 6 ways our own experience allows us to better help you, read on: https://masonmiller.ca/why-running-our-own-small-business-/ #smallbusiness #businessconsulting #smallbusinessadvice

ICYMI the Government of Canada introduced 3 new benefits this month: the Canada Recovery Benefit (CRB), the Canada Recovery Sickness Benefit (CRSB), and the Canada Recovery Caregiving Benefit (CRCB). These supports are currently open for applications to be submitted through your my CRA account. Learn more: https://www.canada.ca//the-government-of-canada-launches-a

Dr. Robyne Hanley-Dafoe was the keynote speaker at a virtual conference we attended last month. We found her message and her takeaways very powerful and moving. We definitely recommend taking some time and reading her paper: https://robynehd.ca//RHD_ResilienceInUncertainTimes_June20. You can thank us later.

It's on everyone's mind - a second wave of COVID-19. The Chartered Professional Accountants of Canada shares 4 tips to help small businesses prepare for a potential second wave: https://www.cpacanada.ca///2020-07-20-covid-19-second-wave, in the meantime - let's stay safe & healthy and wash your hands and wear your mask!

Don't go it alone, we are here to help.

We may sound like a broken record, but don't forget - the extended tax deadline is Monday, September 30, 2020! If you don't have your personal taxes filed by then there is a risk in benefit payments being cut off.

Have you been thinking about enlisting accounting and/or financial help for your business? What's stopping you? Don't worry you aren't alone, we frequently hear that it takes people a long time to make the commitment to come in and see us and truly face your finances. Check out our blog about why you shouldn't be afraid to see your accountant/bookkeeper: https://masonmiller.ca/face-your-financials/

As COVID continues to change the way we work and live our lives, we need to give a big shoutout to all women out there pulling double duty these days! We are proud to have a mostly women workforce here at Mason Miller and with these extraordinary times we've come together even more to create an internal support system to ensure there's a balance between work and life. We acknowledge that demands outside of work sometimes need to take precedence and we can't feel guilty for that. Take a moment today to check in with or send a note to a women in your life who may need a boost of support!

Do you struggle to focus on the big picture because you're deep into your business' day-to-day operations? That’s where we come in! Mason Miller brings fresh eyes and expertise to improve efficiencies and grow your business. Learn more about our management and consulting services: https://masonmiller.ca/management-consulting/

We're here to help. Contact us today for a free consultation: https://masonmiller.ca/contact/

Do you take time to plan your day? Your week? This was a topic from a recent Monday motivational meeting. List making ended up being something that has resonated in it's own way with each team member. How do you keep yourself organized? Comment below!

The Government of Canada has announced a one-time payment of $600 to help persons living with disabilities, in recognition of some of the extraordinary expenses they have encountered during the COVID-19 pandemic. Learn more: https://www.canada.ca//one-time-payment-persons-disabiliti

These are the 'Jenn's' of Mason Miller. They share an office, a love of numbers and apparently a similar affinity for fashion!

Did you know that we offer both software setup and training? Allow our wealth of experience and knowledge of online accounting using Quickbooks (desktop and online) and Sage 50 help you spend less time putting pencil to paper, and instead focusing on growing your business: https://masonmiller.ca/software-set-up-training/

Kim just finished reading The Weekend Effect by Katrina Onstad and loved it! We find starting our day with inspiration, really sets the course in a productive way. What are some tips you use to successfully have a work/life balance? Comment below! http://katrinaonstad.com/the-weekend-effect/

Do you take the time to review and analyse your financial statements? If you answered no, know that you are not alone! Did you know that we offer personalized training? We love training clients using their live data, streamlining processes that are unique to their business and reviewing financial statements so that you have the right information and insight to make important business decisions. Contact us today to set up a free consultation.

Oh, hello Long Weekend! So nice to see you! Wishing everyone a safe and relaxing Civic Holiday! We will be closed Monday, but open regular business hours on Tuesday.

The options for apps and technology are seemingly unlimited. How many times have you spent time, effort and money on technology that was only good in theory?! Having great tools in your tool box really increases efficiency. Here are some tools that we really like. https://masonmiller.ca/6-technologies-transforming-small-b/

Hey! Mason Miller - What are some of the most common reasons people come to you for help? 5 Questions, 5 Answers, Q&A with Kim & Heather: https://masonmiller.ca/getting-back-on-track-old-ways-vs-n/

The transition from the team spending the days working from the office to navigating the whos working in the office and whos working from home schedule.

Here we are... halfway through 2020, the strangest year in recent history! How are your business goals aligning with what you set back in January? Or have you decided to fall victim to circumstance and disregard your goals? If you need a little inspiration, grab a coffee and check out this article: https://positivepsychology.com/goal-setting/

Did you know that we offer free, one-hour consultations to new clients? No obligation! COVID friendly! Book yours today: https://masonmiller.ca/contact/

What a whirlwind the past 4 months have been! Everyone's experience has been a bit different but we have all been impacted in one way or another. We miss human interaction so much. This podcast resonated with how important networking is for our business growth and human connection: https://slatersuccess.libsyn.com/the-importance-of-mentorsh

Happy Canada Day to the country we love!

Have you ever wondered what your small business account balances are, and then struggled to find the answer? We can help you make sure you are always on top of your numbers, in real-time! Trust us, it's a game changer and we know how to make it happen. #accounting #bookkeeping #MasonMiller #Barrie https://masonmiller.ca/accounting-bookkeeping-services/

Our brand pillars tell the story of who we strive to be every day. Approachable: We are friendly and welcoming, there are no dumb questions. Passionate Financial Story Tellers: We love to share the power of accurate accounting and taxation practices. Meticulous: We are like detectives, turning over every rock to help you discover your financial status and goals.... Fun Team: We are not your average bookkeepers... https://masonmiller.ca/about/

Running a small business is hard work, we get it! Why? We ARE a small business! ... Heather explains why Mason Miller's own story helps us better advise our clients.

Not sure which direction your business is headed? That's OK, because we offer consultation services! With expert analysis & solid financial advice, you can steer into a new, more lucrative direction. http://masonmiller.ca/management-consultant/ #MasonMiller #accounting #bookkeeping #consultationservices #Barriebusiness

As a small business ourselves, we've experienced a lot of ups and downs. Does it make us stronger - yes. Does it help us work smarter for our clients - heck yes! #wednesdaywisdom #quote

It's never too late to apply for COVID-19 benefits. Not sure what you may be eligible for, use the CRA's quiz: https://covid-benefits.alpha.canada.ca/en/start

Still bookkeeping the old fashioned way? Think its too time consuming to switch over? Are time and money important to you? We thought so... Relax, we've got this! We've helped many small business owners set up their bookkeeping & accounting software properly and know the common problems that can occur during set up and how to avoid them. We want to position you for success, so let's get started: https://masonmiller.ca/software-set-up-training/

Longest. Tax. Season. Ever.

Happy first day of June... and the 2020 Individual Tax Return Deadline! ICYMI: the CRA has announced that 2019 returns that are filed and paid by September 1, 2020 will be safe from penalties and interest.

Feeling overwhelmed by your small business finances, and not sure where to start? You aren't alone. We want you to stop hiding, and come in and see us. Trust us, we've seen it all, and do this EVERY. SINGLE. DAY. Our initial consultation is free, so what do you have to loose? In this video Heather shares why you shouldn't be afraid to see your bookkeeper and why facing your financials will actually make you feel less overwhelmed and more in control.

Information overload? We understand its hard to keep up with the daily updates, live press briefings, and all the 4 letter acronyms out there to help you during this time. To keep it simple, we use the link below as a daily (sometimes hourly!) reference to everything to do with Canada’s COVID-19 Economic Response Plan.... https://www.canada.ca//departm/economic-response-plan.html Need help? - We're always here for you.

As we navigate new technology, new CRA rules and new social norms, we are trying to keep things as normal as possible here at Mason Miller. With our office still closed to the public, and reduced staff to adhere to social distancing rules, we have at least one Zoom meeting per week. Check out our team meeting this past week: Business on top... anything goes on the bottom! We miss seeing your faces in our office! But hope everyone is staying healthy and safe. Enjoy your long weekend.

THIS FRIDAY - May 15th INCOME TAX DEADLINE Did we catch your attention? That was the goal! The actual deadline is June 1st, but if you want your taxes to get filed on time, we need your paperwork by THIS FRIDAY! Our office remains closed to the public, but we are working hard and accepting your paperwork via email and our front door's mail slot. New to Mason Miller? Or want to check-in personally, call us at 705-417-1588, send an email to [email protected] to schedule a chat or visit our website for lots of helpful information: http://masonmiller.ca/

#ICYMI - I mean, you most likely did miss it - who was thinking about taxes back in mid-March? (except us!) We're re-sharing our blog: 3 Tips For Getting Your Personal Income Tax Ready, because yes, there was an extension, but only 27 days remain until the new June 1, 2020 tax deadline! #accounting #incometax https://masonmiller.ca/3-tips-for-getting-your-personal-in/

Has your business applied for the 75% Canada Emergency Wage Subsidy (CEWS) yet? There are 3 ways to do it: 1. Through your "My Business Account" portal on the CRA website 2. Through their web form 3. Or through us! We're here for you and can help make sense of the eligibility requirements of this and other government subsidies. Full CEWS details can be found here: https://www.canada.ca//services/subsidy/emergency-wage-sub