Employee or Subcontractor? The CRA Checklist Every Trade Business Needs
The #1 audit trap for Canadian trades. A quick checklist to tell if your “helpers” are actually employees in the eyes of the CRA.
The T5018 Survival Guide: Who Needs It, When It’s Due, and How to Avoid Penalties
A quick guide to the T5018 form for trade business owners, covering who needs to file and how to avoid costly CRA penalties.
From Chaos to Clarity: How Vantage Point Events Mastered Finances from Toronto to Tokyo
How one entrepreneur keeps her business flexible with Numinor and FreshBooks.
The Pros and Cons of Hiring a Tax Professional
Hiring a tax professional can provide benefits like expertise, time-savings, and tax optimizations, but also has drawbacks like higher costs and limited availability. In this article we explore the pros and cons of using a tax preparer versus DIY tax software are explored.
Tax Liability: What It Is and How to Calculate It
Your tax liability is simply how much you owe in taxes. If you’re a full-time employee, it’s usually a simple matter of your employer withholding tax at the source and you filing an annual return. If you’re self-employed or run your own business, it’s a bit more complicated.
Easy Guide on Small Business Tax Filing
Confused about small business taxes? Our simple guide is all you need.
How to Outsource Your Bookkeeping
When you are ready to dump DIY bookkeeping and outsource to a pro, you’ve got a few options. We break down what’s best for you.
A Relatively Painless Guide to Double-Entry Accounting
A (relatively) painless rundown of the double-entry system of accounting, and why your business should probably switch to it immediately.
Debits Vs Credits: A Simple Visual Guide
A simple visual guide to debits and credits. Beginners welcome.
What is a Chart of Accounts? A How-To with Examples
This is a straightforward guide to the chart of accounts—what it is, how to use it, and why it’s so important for your company’s bookkeeping.
Why Numinor Accounting is Backing the Kitchener Rangers (And What It Means for Local Startups)
Why Numinor Accounting is Backing the Kitchener Rangers (And What It Means for Local Startups)
The Founder's Guide to Accounting and Bookkeeping for Startups
Accounting may be a hassle, but it can also be a startup’s secret weapon. Here’s how.
How Much to Set Aside for Small Business Taxes
Getting blindsided by a big tax bill can interrupt your cash flow. Saving year-round means paying with confident and keeping your operation smooth.
How to Calculate and Use Year-Over-Year (YOY) Growth
The year-over-year growth formula is one of the most reliable ways of tracking your long-term growth. Here's how it works.
Bookkeeping Basics for Small Business Owners: Everything You Need to Start Doing Your Own Bookkeeping
Bookkeeping may not stir excitement deep in your heart, but it also shouldn’t strike fear—this simple guide walks you through all of the basics.
What's the Penalty for Filing Taxes Late?
If you file taxes after the due date, you can expect CRA penalties
The Difference Between Bookkeeping and Accounting
Bookkeepers and accountants share common goals, but they support your business in different stages of the financial cycle. Here’s How.

