Success Tips


At KAFT CPA we’re here helping people achieve success, both in business and personally.  We’ve created this blog to provide you with expert accounting tips to help save your money and grow your business.

What is the GST Credit in Alberta, and How Do I Qualify?

Jan. 25, 2019

In a survey conducted by the Toronto Daily Bread Food Bank, it was discovered that 25% of users hadn’t filed taxes, and those statistics are similar across Canada and even in Alberta. The same survey estimated that as many as 10% of low-income families in Canada are not getting the GST credit they are entitled …

Categories : Business Tips

5 Things to Know About Filing Business Taxes in Alberta

Nov. 07, 2018

Did you know that Alberta has some of the most generous tax incentives in Canada for small businesses? If you’re planning on moving to Alberta, or you’re just starting a business, here are some basics about filing business taxes in Alberta. While on a federal level your business tax obligations are the same anywhere, the …

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Your Guide to Balance Sheet Analysis

Jul. 20, 2018

Balance sheet analysis is critical to a healthy cash flow and forecasting for your business. It’ll help you find out where your money is really going – and how to better manage it. Even if you outsource your business financial management to an external chartered accountant, having a good idea of your monthly, quarterly, and …

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5 Ways an Accountant Can Save You Money

Jun. 19, 2018

The days when getting an accountant was just to deal with your tax affairs are over. Accountants often are often an untapped source of valuable industry insights and business advice on a range of subjects for your business. It’s important to take advantage of your accountant’s knowledge! An understanding of emerging markets in your industry …

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Tips for Your First Time Tax Filing in Canada

Mar. 12, 2018

Estimates indicate that over 300,000 thousand people move to Canada every year. These individuals often choose Canada for its career opportunities, social welfare programs, and beautiful scenery. While new immigrants to Canada enjoy many benefits, there is also a learning curve involved with becoming a Canadian citizen. For instance, new Canadians must learn how to …

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Why an Alberta Accountant Can Save You Money on Your Taxes

Mar. 08, 2018

Do you own a small business in Alberta and need someone to help you file income taxes? Are you an individual that wants to get the most out of their tax return? If you pay taxes in Alberta, you need to use a tax accountant. Everyone can benefit from their services when tax time rolls …

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4 Tips Every Small Business Owner Needs to Know to Save Time and Money

Jun. 07, 2017

Hard-working small business owners like you need to all you can to save money without compromising the quality of the goods and services you provide or receive. Did you know that one way you can do that is by ensuring your financials are kept accurate and up-to-date? Here are four useful facts about small business …

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Do You Want To Save Money? Outsource to an Accounting Firm.

Jun. 07, 2017

Whether you’re new to town or looking to grow, your small-to-medium-sized business (SMB) could always use a little assistance. You should be strategizing your accounting solutions, and you can avoid the bookkeeping hassle by outsourcing your accounting operations. Saving you money is only one of the reasons to consider outsourcing. Below, we’ve listed the biggest …

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Five Ways To Save Time And Scale A Small Business

Aug. 15, 2017

Want to scale a small business? Admit it, no matter what kind of business you have, you’ve dreamt about scaling it up. Even if you own a neighbourhood coffee shop you’ve thought about how great it would be to open a second location, then a third, a tenth, a hundredth, a whole franchise, becoming the …

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Business Tax Advice For Married Business Owners | Mom ‘n’ Pop Business Tips

Aug. 12, 2017

Some of the biggest companies in the world started as ‘mom and pop’ operations: Fiji Water, Forever 21, Panda Express- even Walmart is a family business (the ‘Wal’ comes from Walton.) For those of you starting a business, your spouse is an obvious choice for business partner: you trust them and you know that you …

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