Accounting Firm Mississauga
The Mississauga Accounting Journal

Tax & accounting insights for Mississauga businesses

Plain-language guides on CRA deadlines, bookkeeping, payroll, and the tax questions Mississauga owners actually ask, written by the people who file the returns.

Mississauga skyline with the Absolute World towers, a model house, calculator and tax papers, real estate accountant in MississaugaPersonal Tax

Real Estate Accountant Mississauga: Tax, Bookkeeping and Property Accounting

Settle three things before the next rental year closes: how the property is owned, whether CCA is worth claiming, and what the sale will cost in tax. This guide covers rental income accounting, HST on property, the 2026 capital gains rules and the bookkeeping behind all three.

October 8, 202610 min read
Laptop showing QuickBooks, Xero and Wave side by side under the title Best Accounting Software for Small Businesses in Mississauga, with the Mississauga skyline in the backgroundBookkeeping

Best Accounting Software for Small Businesses in Mississauga: QuickBooks vs Xero vs Wave

Match the software to how you file HST and run payroll, not to the price list. This guide compares QuickBooks Online, Xero and Wave on what a Mississauga business pays, what each does with GST/HST and payroll, and which fits a sole proprietor, a service firm and a company with staff.

October 2, 202610 min read
Graphic showing the four-step catch-up bookkeeping plan: check the CRA portals, triage filings, rebuild the oldest year first, and file in orderBookkeeping

Catch-Up Bookkeeping: What to Do When You're Months (or Years) Behind

Behind on your books and your filings? Here's the order to catch up in, where missing records actually come from, what the delay really costs in CRA penalties, and how the Voluntary Disclosures Program changed in October 2025.

September 22, 202615 min read
Graphic comparing the regular HST method and the Quick Method for an Ontario service business, showing net tax under eachHST/GST

The HST Quick Method: When It Saves Ontario Businesses Money (and When It Doesn't)

Most Ontario service businesses under $400,000 can remit 8.8% instead of tracking every input tax credit. Here's the real math, the election deadlines, and the income-tax catch nobody mentions.

September 17, 202615 min read
Comparison of a CRA desk review versus a full field audit, covering scope, contact method, and durationCRA

What Triggers a CRA Audit (and How to Avoid One)

CRA doesn't publish its audit-selection algorithm, and most guides fill that gap with invented precision. Here's what CRA actually confirms, the real reassessment periods, and what happens once you're selected.

September 8, 202613 min read
Timeline of the seven fixed 2026 CRA tax deadlines that apply broadly across individuals, self-employed filers, and businessesTax Deadlines

The Complete 2026 Canada Tax Deadline Calendar

Every CRA deadline that matters in 2026, personal, self-employed, corporate, GST/HST, payroll, and RRSP, in one place, plus the small-CCPC test two of them secretly share.

September 3, 202612 min read
Comparison of the four CRA payroll remitter types by average monthly withholding threshold and remittance due datePayroll

Payroll Remittance Deadlines: What New Employers Actually Need to Know

Priya's corporation just became a remitter for the first time. Real 2026 numbers on remitter types, due dates, and the penalty rule most guides get wrong.

August 25, 202612 min read
Staircase diagram comparing compilation, review, and audit engagements by assurance level and typical GTA costAudit & Assurance

Audit vs. Review vs. Compilation: What Your Business Actually Needs

A bank, franchisor, or investor just asked for "reviewed" or "audited" statements. Here's what each assurance level actually means, what it costs in the GTA, and how to know which one applies to you.

August 21, 202613 min read
Comparison chart showing total tax paid this year as a sole proprietor versus incorporating and retaining part of the income in a corporationCorporate Tax

Should You Incorporate? What It Actually Changes About Your Taxes

Incorporating doesn't erase your tax bill, it defers it. A real worked example, using 2026's new small business rate, of what actually changes when you stop being a sole proprietor.

August 14, 202612 min read
Waterfall chart showing a self-employed freelancer's $65,000 gross revenue reduced by expenses, CPP, and income tax down to what's leftPersonal Tax

Self-Employed Tax Filing in Canada: What You Actually Owe, With Real Numbers

A Mississauga freelancer's $65,000 in revenue, walked through real 2026 numbers: T2125 deductions, CPP contributions, and the two tax deadlines almost everyone confuses.

August 6, 202612 min read
Graphic explaining the $30,000 HST/GST small-supplier threshold in Ontario, showing the single-quarter and four-quarter testsHST/GST

Do You Need to Register for HST/GST in Ontario? The $30,000 Threshold Explained

The CRA's $30,000 small-supplier threshold actually hides two separate tests and two different deadlines. Real worked examples for Ontario businesses.

July 29, 202613 min read

Get a Free Consultation With a Mississauga Accountant

Tell us what's going on with your books or your last CRA letter. You'll get a flat quote before you commit to anything, and you can reach the team monday to saturday, 9:00 am to 8:00 pm.

Call +1 416 991 0900