Insights and resources for SMBs.
How much does an accountant cost for a small business in Canada?
T2 returns from $1,475, year-end statements from $2,350, full packages from $2,900 — real published prices plus typical Canadian market ranges by service.
Notice to Reader vs compilation engagement: what actually changed
The Notice to Reader is gone: CSRS 4200 replaced it for year-ends on or after Dec 14, 2021. What changed, what banks expect now, and what to send your lender.
CRA audits and small businesses: what actually happens
How the CRA selects small businesses for audit, review letters vs full audits, your rights, and what to do on day one — Revenu Québec included.
Late corporate tax filing penalties: what a late T2 really costs
Filing a T2 late costs 5% of unpaid tax plus 1% per month, and Revenu Québec adds its own CO-17 penalty. What late filing really costs — and how to catch up.
When to Incorporate in Canada: The Decision Is Mostly Tax
Sole proprietorship vs corporation: the decision is mostly tax. Small-business rates of 9% to 12.2% vs personal rates up to 55% — and when not to incorporate.
When to hire an accountant for your small business
Six concrete triggers that tell you it's time to hire an accountant for your small business — incorporation, bank requests, GST/QST, payroll and more.
Who can prepare financial statements in Canada?
Anyone can prepare internal statements, but compilation, review and audit reports must come from a CPA in public practice — and banks expect exactly that.
Corporate tax deadlines in Canada: the 2026 guide
T2 due six months after year-end, tax balance due at two or three months, CO-17, instalments, GST/HST and slips — every 2026 corporate tax deadline explained.
Do I need an accountant for my corporation?
No law requires your corporation to hire an accountant, but every corporation must file a T2 each year. See when DIY works and when mistakes get costly.
File Your Own Corporate Taxes or Hire an Accountant?
Can you file your own T2 in Canada? We compare TurboTax Business, UFileT2 and TaxTron with hiring a CPA: costs, limits, CO-17 and when DIY makes sense.
Switching accountants is easier than you think
Switching accountants is simpler than most owners think. Your new CPA handles the handover letter, records and CRA authorizations — here's how and when.
Bookkeeper vs. Accountant vs. CPA: Who Does What (and Who You Actually Need)
Bookkeeper, accountant, CPA — three different jobs. Learn who does what, which reports only a CPA can sign, and the right setup for your incorporated business.
Meet Alex Gagné, CPA, M. Tax.
Our Senior Director of Tax shares his vision of modern taxation for Canadian SMBs.
Alex Gagné
Accounting Automation for SMBs: Technologies to Adopt in 2026
Discover the accounting automation tools and technologies transforming SMB financial management in 2026.
10 Common Accounting Mistakes SMBs Make and How to Avoid Them
Identify the costly accounting mistakes SMBs make and learn how to prevent them to protect your business.
Year-End Tax Planning: 8 Strategies for SMBs
Discover 8 tax planning strategies to implement before your fiscal year-end to reduce your tax bill.
ASPE or IFRS: Which Accounting Framework for Your SMB?
Understand the differences between ASPE and IFRS and choose the right framework for your Canadian business.
GST and QST: Understanding Your Tax Obligations in Quebec
Registration, filing, input tax credits: master your GST and QST obligations as a Quebec business.
Salary vs. Dividends: How Should SMB Owners Pay Themselves?
Analyze the tax advantages of salary and dividends to choose the best compensation strategy.
How to Read Your Financial Statements: A Guide for Business Owners
Learn to interpret your balance sheet, income statement, and cash flow to make better business decisions.
Corporate Tax in Canada: A Practical Guide for SMBs
Tax rates, deductions, and credits: everything Canadian SMBs need to know about corporate taxation.
Compilation, Review, or Audit: Which Engagement Does Your Business Need?
Understand the differences between the three types of accounting engagements and choose the right one for your business.
The Complete Year-End Financial Checklist for Quebec SMBs
Everything SMB owners need to know to prepare their financial year-end in Quebec, step by step.
Own a Bookkeeping Firm? Here Are 5 Canadian Apps That Will Help You
Discover 5 must-have Canadian applications to optimize your bookkeeping firm’s workflow.
A Redesigned User Interface
Discover the recent changes made to the Stamped application to improve the user experience.
What Is a Compilation Engagement?
Understand what a compilation engagement is, its objectives, preparation steps, and who can perform one.
Why Do You Work at Stamped?
A conversation between an accountant and a software engineer about what drew them to Stamped.
What Is the Role of a CPA?
Discover the role of a chartered professional accountant, their areas of expertise, and how to become a CPA.
The Hidden Sides of Entrepreneurship (Part 3)
Lewis faces debt covenants on his commercial loan and learns to manage his financial obligations.
The Hidden Sides of Entrepreneurship (Part 2)
Lewis prepares to obtain his first commercial loan and learns to assess risk.
The Hidden Sides of Entrepreneurship (Part 1)
Lewis starts his business and faces the first crucial decisions: incorporation, structure, and taxes.
Will the Accounting Profession Disappear?
A conversation between an accountant and a software engineer about the impact of AI on the accounting profession.
Balance Sheet Example (Statement of Financial Position)
Learn what a statement of financial position is, its purpose, and the three main elements that compose it.
Accounting Isn’t as Boring as It Seems
A software developer shares how they changed their mind about accounting after joining Stamped.
Should You Raise Prices During High Inflation?
Four strategies to protect your business’s financial health in an inflationary environment.
The Evolution of the Compilation Engagement Report
Understanding the recent changes made to compilation standards by the AASB and their impact on your business.
Difference Between Compilation, Review, and Audit Engagements
Understand the differences between the three types of certification engagements offered by CPAs.
Unlock Efficiency with Stamped’s Financial Statement Generator
Discover how Stamped’s financial statement generator automates the creation of financial reports.
How Does an Audit Engagement Work?
Discover the five main phases of an audit engagement and the difference between internal and external audits.
CoPilot: Can GitHub’s New Tool Really Automate Coding?
The Stamped development team shares their first impressions of GitHub CoPilot.
How to Choose an Accountant for Your Small Business
Five essential criteria for choosing the right chartered professional accountant for your business.
How to Prepare Your Documents for Tax Filing
Complete guide to preparing your tax documents as an individual or entrepreneur.
How to Read a Statement of Financial Position
Learn to read and interpret a balance sheet to better understand your company’s financial health.
How to Read an Income Statement
Learn to read and analyze an income statement to evaluate your company’s profitability.
How to Calculate Tax on Real Estate Sale Income
Understanding capital gains tax calculation when selling real estate in Canada.
10 Tax Deductions for Property Owners in Canada
Discover 10 tax deductions and credits available to Canadian property owners.
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