Community of Public Accountants
I have no idea which genius came up with this idea. After downloading the latest update for the Sage 50 desktop version, when you choose to close the software, the following warning pops up. You can’t even choose “Skip”—the only option is to click “Install Now,” leaving you no choice at all. The only way…
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In late November of 2024, the Federal government announced a temporary exemption period from December 14, 2024, to February 15, 2025, for specific items that typically incur GST or HST. Regrettably, this decision was made without thorough consideration prior to the announcement or the introduction of legislation. The projected savings for taxpayers are minimal, while…
The recent price increase is a clear indicator of Intuit’s continuous efforts to boost revenue from its widely-used accounting software, QuickBooks Online. The company has attributed this rise to various factors, including inflation and the addition of new features and improvements to the software. In today’s fiercely competitive market, businesses are consistently looking for ways…
The European Union’s most recent update to its “tax haven blacklist” in October 2024 lists eleven jurisdictions as non-cooperative for tax purposes. These countries include: This blacklist is part of the EU’s ongoing efforts to encourage transparency and prevent tax evasion. Countries on the list may face various defensive measures from EU member states, potentially…
Opening a bank account in Liechtenstein can be appealing due to the country’s stable economy, banking privacy, and secure financial system. However, due to international financial regulations (e.g., anti-money laundering laws), Liechtenstein banks follow strict Know Your Customer (KYC) policies, especially for non-residents. Here’s a step-by-step guide on how to open a bank account in…
What is Open-Source Software? Open-source software is a type of program for you and your IT team to examine and adjust its coding to fit your business requirements. This type of solution differs from free software. Open-Source vs. Free Software It’s easy to confuse free with open-source software, but in actuality, they’re as similar as…
A company seal is a stamp that signs a document on behalf of a company. It can be affixed with an embossing tool that engraves a company’s details onto a document. Seals have historically been used to sign legal records, like contracts, deeds, and certificates. Some businesses like to use them, especially if they are…
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The MetaBlox ROAM WiFi 6 Intelligent Router Miner is a cutting-edge device that combines high-speed wireless networking with blockchain-based decentralized infrastructure. Designed for both home and business use, it enables users to share secure WiFi access while earning passive rewards through the MetaBlox network. Key Features: With the MetaBlox ROAM Router Miner, users can transform…
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Qualified Canadians who love Japanese culture or wish to leave Canada can now apply for Japan’s newly introduced digital nomad visa. Following Indonesia, Portugal, Spain, and Italy, Japan has become the latest country to launch such a visa, allowing foreigners to live and work remotely with their spouses and children for six months. Earlier this…
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Big changes could be coming to Canada’s banking system, creating new opportunities for Canadians to control and streamline how they manage their money, but also giving rise to new cybersecurity needs. Here’s a look at what open banking, a set of financial policies adopted abroad and proposed for as soon as next year by the…
Read More “Open banking could be coming to Canada. Here’s what you need to know” »