Bookkeeping guides
Educational bookkeeping topics for Canada and the US. These pages link to official guidance; they do not determine your tax treatment or replace a qualified professional. Check the relevant country, business type and tax year. General bookkeeping information — not tax, accounting, financial or legal advice.
- 1099-NEC and 1099-K reporting thresholds
- 1099-K from payment apps (PayPal, Venmo, Stripe)
- Accountable plans: tax-free employee reimbursements
- Apprenticeship Job Creation Tax Credit (Red Seal)
- Bad debts when a customer never pays
- Bank fees and business interest
- Business travel expenses
- CCA classes for vehicles, computers and software
- CPP for the self-employed (2026 rates)
- Canada Pension Plan contributions when self-employed
- Capital cost allowance (CCA) for equipment
- Cash income, tips and gratuities
- Charities and non-profits: T3010, T1044 and donations
- Clothing and uniforms as business expenses
- Computers, equipment and furniture
- Continuing education vs a new qualification
- Hiring and clean-vehicle credits that have ended
- Getting paid in cryptocurrency
- Home daycare: GST/HST and space/hours
- US de minimis safe harbor for small purchases
- Professionals working from a home office
- US charitable deduction for non-itemizers (2026)
- Business vs personal charity donations (Canada)
- Donating listed securities
- Employee gifts, awards and health-plan benefits
- Employees and source deductions
- US estimated tax: safe harbor and due dates
- US quarterly estimated tax payments (1040-ES)
- Expenses before incorporation
- Paying a spouse or child a salary
- Farm products and zero-rated GST/HST
- Fines and penalties (not deductible)
- GST/HST filing periods and due dates
- GST/HST Quick Method remittance rates
- GST/HST Quick Method (simple flat rate)
- Client and employee gifts
- Government loans and grants for small business
- Health and dental clinics: GST/HST exempt services
- Hiring your children in a sole proprietorship (US)
- New housing rebate and self-supply rules
- US home daycare time-space percentage
- Home office expenses (Canada)
- How much home office can I claim?
- US home office simplified method ($5/sq ft)
- How long to keep books and receipts
- Imports, exports and CBSA GST
- Incorporation costs ($3,000 rule)
- GST/HST input tax credits (ITCs)
- Tax instalments to avoid interest
- Quarterly instalments for the self-employed
- Inventory and cost of goods sold
- LLC, S corp and C corp — choosing an entity
- Lawyer and accountant trust accounts
- Meals and entertainment
- US standard mileage rates (2026)
- Car loans, leases and deduction limits
- 501(c)(3) benefits and Form 990
- Charity GST/HST public service bodies rebate
- Benefits of a registered charity or NPO
- Exempt organization Form 990 / 990-EZ / 990-N
- Nonprofit grants in Alberta and Canada Summer Jobs
- Nonprofit FUTA exemption and postage benefits
- Paying contractors (T4A and 1099)
- Paying family members: salary vs dividends
- Paying yourself as an owner
- Personal expenses paid from the business account
- Phone and internet bills
- Prepaid expenses (insurance, rent)
- Private schools, colleges and tutoring (GST)
- Professional dues and licence fees
- Professional exam fees and the tuition credit
- Provincial sales tax (PST / RST)
- QBI deduction (section 199A)
- Qualified business income deduction
- Quebec sales tax (QST)
- RRSP limits (2026): salary vs dividends
- US research credit and section 174
- Restaurants, groceries and prepared food (GST)
- SEP-IRA, SIMPLE and Solo 401(k)
- Ride-share and delivery drivers: GST from dollar one
- S corporation reasonable salary
- S corporation shareholder wages vs distributions
- SBA loans (7(a), 504, microloan) and free counseling
- SR&ED Form T661 filing deadline
- SR&ED research and development credit
- Salary vs dividends from your corporation
- Legal ways to keep more (small-business checklist)
- Section 179 and bonus depreciation
- Self-employed health insurance deduction
- Self-employment tax (15.3%) and Schedule SE
- Self-employment tax: Social Security and Medicare
- Shareholder loans from your corporation
- Short-term rentals and non-compliant expenses
- Small business deduction (CCPC $500,000)
- Start-up costs before the business opens
- Reporting tip income
- Transportation and driving-school vehicles
- Long-haul truck drivers: 80% meal deduction
- Truck drivers: per diem and DOT hours
- Vaping products: excise duty and stamps
- Vehicle and mileage expenses
- When to register for GST/HST and US sales tax