Blog — Insightful Content

Check out these great value-add blogs for contractors and entrepreneurs.

Video Channel

You should also check out Simplify’s videos on common tax and accounting questions.

January 23, 2023

Why Bookkeeping is Crucial to Your Success

Employing a professional bookkeeper can allow business owners to focus on their business, not crunching numbers. Invest in effective bookkeeping and you’ll build a solid foundation for a resilient, forward-moving business.

January 9, 2023

6 Solutions to Accounting Problems

Accounting problems can have serious consequences for your business and are definitely worth avoiding. Keeping on top of your records and reconciling accounts often are simple ways to avoid accounting complications.

December 26, 2022

Why Accountants are an Asset

A good accountant will do all they can to help minimize the amount of tax you have to pay, they will pinpoint any opportunities and if your business gets into trouble, they’ll be the one to guide you.

December 12, 2022

Should I Move All my Accounting to the Cloud?

The Internet doesn’t know if you’re in an office on your laptop or at a worksite on your phone. Cloud accounting frees you and your business away from a physical location.

November 28, 2022

Why Hiring a Bookkeeper is a Great Investment

If you don’t like bookkeeping or don’t have the time or knowledge to do it well, a bookkeeper could be a valuable resource and a great investment for your business.

September 13, 2021

Oilfield Employee vs. Oilfield Contractor

Oilfield workers in BC and Alberta are often given the option of being an employee or contractor. This choice may not impact fieldwork, but it can make a big difference from a tax & responsibility perspective.

March 24, 2021

Living Out Allowance (LOA) for Contractors

The Living out Allowance (LOA), also referred to as subsistence, is common among oilfield contractors in Northern Alberta, but it’s often misunderstood. This article explains what it is and how it can reduce your taxes.

July 24, 2020

The Complete Guide to Incorporating in Canada (Free Checklist)

Learn (almost) everything you need to know about incorporating your small business in Canada. Should you set up a sole-proprietorship or corporation? Read more before deciding.