The Purpose CPA Blog

Financial tips, technology advice and best practices for growing Canadian businesses.

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Top CRA Audit Triggers in 2026
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Late Tax Filing in Canada: Penalties & Deadlines
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12 Tax Savings Canadian Small Business Owners Often Miss
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Why Balance Sheets and Cash Flow Matter for Canadian Business Owners?
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How to Prepare Your Canadian Business for Bank Financing
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Bookkeeping Tips for Easier Tax Preparation in Canada
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What is Gross Margin, Contribution Margin, and Net Profit?
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Immediate Expensing and SR&ED on Capital Investments
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Small Business Guide to Canada’s 2025 Federal Budget
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GST/HST Basics: Out of Scope vs Exempt vs Zero-Rated