There are studies out there that say the average accounting firm client stays with their accounting firm between five and six years. However, many of Provision CPA’s clients have been with us for between 10 and 20 years, and we have helped many of them with business...
When setting up a business, a lot of factors come into play with respect to handling tax and financial responsibilities. This calls to mind the necessity of choosing a CFO or a CPA, or both. While some entrepreneurs contend that once they have one, they do not need...
Under the current rules, a trust resident in Canada is generally not required to file an annual T3 income tax return unless the tax is payable by the trust for the year or the trust disposes of capital property. Under the new tax rules, for tax year December 31, 2022,...
A plethora of career paths have been forged in the accounting industry, and it remains one of the most diverse professions. The term “accountant” has come to be an umbrella term that covers a broad spectrum of professional financial services and specialties. Audit...
It takes a lot of effort, time, and resiliency for someone to earn their CPA. A candidate needs to have a four-year degree, complete a long list of accounting classes, have two years of approved work experience, get through the CPA Professional Education Program, and...
New entrepreneurs will seek advice from various people, such as their family, friends, neighbours, and colleagues. They will also search for helpful online content from influencers, authors, and the list goes on. The trouble with this knowledge-gaining approach is...
If you’re a freshly minted CPA or a veteran Accountant transitioning into a client-facing role, there’s no need to develop cold feet because Provision CPA has got you covered as you settle into your new role. With increased economic activities generated by...
It’s no news that entrepreneurs are the main drivers of the major economies of the world, inclusive of the Canadian economy. Economic growth, more than anything else, is driven by the solutions provided by entrepreneurs. Small and medium-sized enterprises (SMEs) have...
When you speak of accountants, the temptation is often irresistible to think of someone in a three-piece suit, seated behind an office desk, in an air-conditioned room, punching furiously at the keyboard, reconciling accounts, and spending the whole day sorting out...
Bita's not-so-typical journey to CPA If you asked someone to describe the traditional background of a CPA, you wouldn't find many similarities with Bita Basir's extensive resume. As an entrepreneur with more than 20 years of experience, Bita has been a small business...
