Know eligible Mb tax credits

Looking for more eligible Tax credits? How about taking advantage of the Paid Work Experience Tax Credits (PWETC)?
It helps to promote more paid work and on-the-job training opportunities for students. Eligibility now includes employers who hire a student in a wide range of registered high school vocational programs that are not connected with the apprenticeship system.
To learn more about this (and other Manitoba tax credits), go to…

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The Government of Canada is currently seeking applications from eligible applicants interested in receiving funding from the Enabling Accessibility Fund (EAF) and the deadline for submissions is July 26, 2017.

The EAF funds organizations, businesses and other eligible recipients to improve accessibility and/or safety for people with disabilities by supporting the capital costs of renovation, construction and/or retrofit activities and the provision of accessible technologies in workplaces and communities across Canada.

Funding Schemes:
This Call for Proposals has two funding streams:
Workplace Accessibility Stream: To provide funding for small projects that improve accessibility and/or safety for people with disabilities in workplaces across Canada. These improvements must be addressed through renovation, construction and/or retrofit activities or through the provision of accessible technologies, in facilities where people with disabilities work or could work in the future.

Community Accessibility Stream: To provide funding for small projects that improve accessibility and/or safety for people with disabilities in communities across Canada. These improvements must be addressed through renovation, construction and/or retrofit activities or through the provision of accessible technologies, in community spaces where programs and/or services are offered, or will be offered, to people with disabilities.

Should you have any questions, do not hesitate to contact Anna Mondor from Beausejour Brokenhead Development Corp. at 204-268-7556.

More information visit the website:…/fu…/enabling-accessibility-fund.html

Availablity Notice

HAPPY 2017!!  I hope these past couple of weeks have gone well for you thus far.

This is a quick message to notify you that Balanced Business Bookkeeping Solutions office will be closed while I am away on my long awaited vacation. I will be away from February 1st and plan to return to the office on February 14th.

I thank you in advance for your cooperation and patience during my time away.



In celebration of our 10th year of business, we want to extend a big THANK YOU!!

Please accept our service voucher of up to $40 this upcoming 2017 Income Tax season, which you can access and print from the home page of our web site.

We strive to provide many more years of quality service for our community! Don’t forget to LIKE, SHARE, and COMMENT on our Facebook page or our website. We would love to hear about how Balanced Business Bookkeeping Solutions has helped you! We look forward to hearing from you soon!

New Educators Tax Benefit

A new school year has begun!! Who is more excited? … the children or parents? Well, now the childhood educators can be excited too!

The Government of Canada has introduced a new Eligible Educator School Supply Tax Credit starting for the 2016 Income Tax year.

This new credit will apply to educators who hold a teachers certificate or have a childhood education certificate or diploma in the applicable province. With employer certification, these eligible educators may claim a 15% refundable tax credit for purchases of up to $1000 in school supplies for the children.

For more details on this new credit, the eligible supplies, and tax filing requirements, click here to CRA web site.

On-line access

Today’s society is driven more and more toward a paperless world, from e-mails, social media, shopping, banking, receipt of bill, bill payments, and even event registrations. Dealing with Canada Revenue Agency is no different.

As you may know, CRA is setting up individuals with on-line access for their personal and business accounts. There are many things you can have access to, view, and manage from your access account.

For individual personal tax matters, you are able to have easy access to you balances owing, benefit payments, RRSP limits, Notice of Assessment, prior personal Tax Returns, direct deposit details, and set up for e-mail notifications … just to list a few.

For business accounts, this would include some of the above but also access to details regarding your Corporate tax, GST and payroll accounts.

Not only is this easier than trying to contact CRA over the phone, you are able to set up representatives for your account also, such as your bookkeeper, accountant, or Income Tax preparer who you authorize to deal with certain matters on your behalf – see RC59. By filling out a RC59, you are able to delegate who you authorize to represent you with CRA matters, what you are authorizing, and level of authorization you are allowing. Your on-line access account allows you to easily change this.

If you do not already have a CRA on-line access account, it is still recommended that you self-register through the CRA web ‘My Account’ or ‘My Business Account’. Once you are registered with your account, be sure to review your account and make any necessary changes. Particularly with the RC59 authorization, ensure that representative details and any applicable expiration dates are still valid.


Tax filing prep

Another income tax season is upon us! As have mention to my clients each year, the first step to being prepared is to collect all of your Income Tax documents and information and compare it to the prior year in order to determine if there is still something that you may be missing or need to gather, such as your medical expenses.

However, keep in mind that CRA also implements various changes to the Income Tax Return schedules and calculations which may affect your result. Some things have changed again for 2015 Income Tax Returns, such as the federal and provincial tax amounts, Child Fitness Credit, and the non-refundable tax credit for children under 18.

Research applicable changes on the CRA website, or ask your Income Tax professional so that you can also be prepared for what changes may have an effect on your result.  For future tax years,there has also been rumor of eliminating the Family Tax Cut credit, and implementing the Home Renovation Tax Credit, so keep your eyes and ears open for any future news on these and any other changes that you may need to be aware of.

Also, if you have not already, sign up with CRA on-line access account to have instant access to your Income Tax matters such as your Notice of Assessments (NOA). Your NOA may provide important details which may affect your future tax years, therefore it is helpful to ensure that you provide a copy of your NOA each year to your Income Tax Preparer.

As usual, please feel free to leave a comment and share. We’d love to hear from you.


Many people, particularly business owners, feel the effects of burn-out. Life happens, and periodically feeling ‘stretched thin’ is normal. However, this overdrive being a constant in your life only means the risk of failure or ‘dropping the ball’, and ultimately unhappiness. I’m sure you have heard more than once about the notion of needing life balance. If you are not achieving it, there are some things to consider.

#1: Life balance does not necessarily mean equal time for work/family and leisure. Everyone’s life and task thresholds are different. The key is to accomplish your own boundaries and schedule so that you do not reach burn-out.

#2: Being busy or taking on more does not equal success. Taking regular time to recharge helps to keep your body and mind focused and happy, which results in success. This means taking your lunch break away from the desk, sticking to work hours, leaving work at work, and taking vacation days. More importantly, understand that taking on an extra task or event does not mean you are considered more important or successful.

#3: Social and personal events should be kept at the same level as work commitments (Eg: picnic, celebration party, exercise routine, vacation days, home renovation projects, etc). Stick to these plans, and avoid work related thoughts or habits that will distract you (Eg: checking e-mails, calls, or phone messages). These non-work related commitments are just as important to your happiness and being accomplished.

#4: It is okay to say no. Especially if it means risk to your existing obligations, your own time, or your health. Prioritize and delegate when things become busy. You are not going to be any good to anyone if you are overwhelmingly unfocused or become ill because of burn out.

It may take time and perseverance to achieve, but it is possible to find that balance that works for you. Please like and share these messages with others, and don’t be shy to comment. I look forward to hearing from you.