At Shajani CPA, we understand that the modern business landscape demands efficient and comprehensive financial management. Bookkeeping automation is not just about simplifying tasks; it's about transforming the way businesses handle their financial operations. Let’s delve deeper into ten key…
As Chartered Professional Accountants, we at Shajani CPA recognize the critical role of meticulous bookkeeping in the financial success of any business. Keeping financial records current is not just a regulatory requirement but a strategic tool enabling informed decision-making. While…
As a Chartered Professional Accountant with an MBA, I've had the privilege of working with numerous family enterprises, helping them navigate the complexities of financial management. A critical aspect of this journey is understanding what banks look for in financial…
As a Chartered Professional Accountant in Canada, I've worked with numerous businesses across various sectors. One common thread in all successful businesses is the reliance on and understanding of their financial statements. These statements are not just numbers on paper;…
As a Chartered Professional Accountant in Canada, I often encounter clients who are keen to understand the intricacies of their financial statements. Among the most crucial aspects of financial literacy for any business owner or manager is understanding how the…
For many Canadians, employer pension plans are a cornerstone of retirement planning. However, the complexities of how these plans work, especially in comparison to Registered Retirement Savings Plans (RRSPs) and their tax implications, can be perplexing. In this blog, we'll…
As a Chartered Professional Accountant and Trust Estate Practitioner in Canada, I've encountered numerous clients who are eager to secure their financial future but are unsure about how to navigate the complex landscape of retirement savings and taxes. The key…
Estate planning is an essential process that involves making plans for the transfer of your estate after death. It's a crucial step in managing your financial future and ensuring that your assets are distributed according to your wishes. In this…
As a Chartered Professional Accountant with a Trust and Estate Practitioner (TEP) designation, and advanced legal qualifications in tax law (LL.M) and law (LL.B), I have a multifaceted perspective on estate planning. One critical aspect often overlooked is the tax…
For high-net-worth individuals and families running family-owned enterprises, managing wealth and legacy involves not just strategic business decisions but also astute compliance with evolving tax regulations. The recent changes in Canada's trust reporting rules necessitate a proactive approach to ensure…