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THE BLOSSOM BLOG
Updates, thoughts, and news that may interest any business owner in the Design and Build industry
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Financial Clarity with the Profit & Loss Generator: A Simple Solution for Solopreneurs
Are you a business owner juggling every part of your business, from client work to admin, with no accounting software or one that feels impo
Cash Flow Headaches in your Interior Design business?
Cash flow issues are common for interior designers due to irregular project timelines, delayed client payments, and high upfront costs...
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etel750
Dec 14, 20212 min read
How to select the right software for your business
We are constantly looking for ways to optimize our workflows and ensure that we have visibility, coordination & organization at every...
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etel750
Dec 4, 20213 min read
Setting up for 2022
#goalsetting #businesstips #projections #swotanalysis We encourage you to set some time to create goals for 2022. The process we share...
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etel750
Dec 4, 20212 min read
Repayment Tips for Canada Emergency Business Account - CEBA?
#businesssubsidies #deadlines #bookkeeping #repaymentplans If your business received a business loan under the CEBA government initiative...
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etel750
Nov 9, 20212 min read
Improve your processes
#workflow #technology #accountingadvise In general terms, #processimprovement is the practice of optimizing existing business processes...
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etel750
Nov 9, 20212 min read
Dealing with Clients Deposits or Retainers
#interiordesigners #architects #builders #accounting #accountingforprojects Wondering how #clientdeposits should be treated in your...
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Etel Igreda - Blossom CPA Director
Apr 20, 20212 min read
All about Canada Pension Plan
This post will cover everything you need to know about the Canada Pension Plan and how it impacts your life today and in the future....
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Etel Igreda - Blossom CPA Director
Mar 2, 20212 min read
New Home Office Expense Claim Methods
After much anticipation CRA delivered two methodologies available to claim Home Office Expenses for 2020: Simplified vs Detailed. In the...
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Etel Igreda - Blossom CPA Director
Jan 5, 20212 min read
Second Lockdown – Ontario Updates
In this January blog we decided to gather all the updates that have been just announced surrounding the second lockdown in Ontario plus...
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Etel Igreda - Blossom CPA Director
Dec 1, 20202 min read
Ten Tips for closing 2020 and starting 2021 right!
In our last 2020 blog, we want to leave you with my top ten recommendations to close the year with confidence and start a plan of action...
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Etel Igreda - Blossom CPA Director
Nov 3, 20202 min read
Canada Emergency Rent Subsidy (CERS)
The new CERS (the previous version known as CECRA) will provide direct rent and mortgage interest support to tenants and property owners...
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Etel Igreda - Blossom CPA Director
Sep 8, 20201 min read
New CRA requirements for Corporations
CRA has started to send letters to corporations requesting shareholders' information. Schedule 50 in the corporate tax return is...
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Etel Igreda - Blossom CPA Director
Aug 4, 20202 min read
How to Protect your CRA Account from cyber-attacks
There was a “digital storm” brewing in CRA headquarters over this past weekend as CRA shutdown Services Due To Cyber Attack Link:...
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Etel Igreda - Blossom CPA Director
Jul 17, 20202 min read
COVID-19 Resources: Canada Emergency Business Loan (CEBA) July 17th, 2020 update
CEBA stands for Canada Emergency Business Account and it has created a big buzz around business owners. Note that the deadline to apply...
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Etel Igreda - Blossom CPA Director
Apr 9, 20203 min read
COVID-19 Resources: April 9th, 2020 update
The Wage Subsidy plan is taking shape. Those businesses that have some business trickling in should consider this subsidy and...
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Etel Igreda - Blossom CPA Director
Apr 4, 20202 min read
COVID-19 Resources: List of Essential Workplaces for Ontario on April 3rd, 2020
Updated April 4th 2020 The provincial government has updated the list of essential workplaces (effective April 4th 2020 at 11:59pm) in...
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Etel Igreda - Blossom CPA Director
Apr 2, 20202 min read
Federal Wage Subsidy Highlights + Benefits April 1st 2020
These last couple of weeks have been intense to say the least. We are streamlining the information that you must access – So rather than...
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Etel Igreda - Blossom CPA Director
Apr 1, 20202 min read
COVID-19 Resources: Canada Emergency Response Benefit April 17th,2020 update
Canada Emergency Response Benefit (CERB) Updated: April 17th 2020 This program has regrouped employed and self-employed Canadian...
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Etel Igreda - Blossom CPA Director
Apr 1, 20202 min read
COVID-19 Resources: Canada Emergency Wage Subsidy (CEWS) Period 1 to Period 4
Updated: April 11th 2020 What is the CEWS? 75% wage subsidy Up to a maximum $847/week per employee For employees that have had NOT been...
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Etel Igreda - Blossom CPA Director
Apr 1, 20202 min read
Canada Emergency Business Account (CEBA) updated 7/17/2020
CEBA stands for Canada Emergency Business Account and it has created a big buzz around business owners. Note that the deadline to apply...
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Etel Igreda - Blossom CPA Director
Apr 1, 20202 min read
COVID-19 Resources: March 25th, 2020 update
The previous Care and Support Benefits that were available to non-EI workers have merged into the new… Canada Emergency Response Benefit...
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