Cryptocurrency and Tax – Counting Your Bitcoin

By Amplify

One of the hottest investment topics right now is cryptocurrency. When I got together with family and friends over the holiday season, the conversation inevitably shifted to cryptocurrency, specifically Bitcoin, as it is undoubtedly the most popular. As is usually the case at these functions, everyone wanted the accountant’s advice on their investment, so here…

Do I Need a Lawyer or an Accountant?

By Amplify

In today’s world, there is so much information available through the click of a button. YouTube and Google are providing information so fast and accurate that people are becoming brave and trading off the time to learn a new skill, for the cost of a professional. The thirst for knowledge and understanding the reason why…

Should you incorporate your small business?

By Amplify

Are you paying too much in tax? Have heard that there are tax savings to be had if you incorporate your small business? Yes, that might be true, but is that the right advice for you and your small business? The answer is – that it depends. Generally, the higher the net income of your…

What You Need to Know About Websites

By Amplify

There are over 1.2 billion websites active right now and the number is growing all the time. Go ahead, click that link. You can watch the numbers counting upward. But before you do that, here are a few things we think you should know about those websites.   The host with the most Did you…

6 Misconceptions about Stat Pay

By Amplify

Who doesn’t like a day off with pay? Nobody, that’s who. Holidays like Thanksgiving and Victoria Day are known as “statutory holidays” or “stat days,” and many employees are entitled to a paid day off on those dates. If you’ve ever consulted your employee handbook to see if you will (or will not) be paid when working…

The Personality of Online Accounting

By Amplify

Name a profession that requires a genuine personality and people skills. I bet bookkeeping wasn’t the first thing to come to mind, was it? We bookkeepers are commonly called number crunchers and bean counters. Many people, when thinking about bookkeepers (which surely happens all the time), imagine someone with a pocket protector, sitting alone in a back…