January 27, 2017

Daniel is one of our full-time Accountants at Trak.  He’s been with us since we started over two and a half years ago when there were just two staff members alongside myself and Gail. Initially part-time, Daniel has taken on more and more responsibility as the business has grown and he’s now fully immersed inRead More »

January 17, 2017

Use Off-Site Meetings to Motivate Staff A useful planning tool that has been growing in popularity over the last few years is the off-site meeting. Its basic premise is to take staff out of their usual environment (the office) during work hours, allow them to relax, and plan out the next few months, or theRead More »

January 11, 2017

As the economic landscape changes, it’s important to regularly review your business plan to discover whether it still works for your business given the internal and external changes that are bound to have occurred. The start of the year is a great time to review your business’s direction and goals. We’ve put together a listRead More »

December 5, 2016

For small businesses, other than the retail and tourism sectors, Christmas can really test the cash flow. Not only because we’re constantly spending on presents, food, festivities and holidays, but also because work slows down for a lot of industries round mid December and doesn’t start to pick up until February/March the following year. IsRead More »

December 1, 2016

In general, no! You can’t use expenses from entertainment as an income tax deduction. There are some exceptions, mostly around food expenses for meal allowances and incidentals relating to business travel and overtime etc., but otherwise entertainment, even specifically for business purposes, is not deductible unless you decide to classify the expense as a fringe benefit. ‘Entertainment’ accordingRead More »

November 18, 2016

Suzanne comes with a depth of experience in office administration and support in the tax and accounting industry, especially public practice. She is one of those individuals who just knows how to deal with so many elements of compliance and governance related matters, so she really brings excellent value to our team. For our clients,Read More »