3 - Blog - Jones & O’Connell LLP

What to Look For in a St. Catharines CPA

By Dean CarlisleSeptember 2, 20200 comments

Questions to Ask When Choosing a CPA Before you set out to hire a St. Catharines CPA, it is a great move to spend some time determining what you require in an accountant. It may in fact be sufficient to hire a non-certified accountant if your needs are relatively ...

Working With a Small Business CPA in the Niagara Region

By Glenna MacDougalSeptember 2, 20200 comments

Small Business CPA in the Niagara Region If you have a small business in the Niagara Region, you’ll need the help of a good local Chartered Professional Accountant (CPA). Some business owners feel that because they are good with finances or because they have a bookkeeper, ...

Quality Control Ensured by Reviews of Financial Statements by CPAs in the GTA

By Dean CarlisleSeptember 2, 20200 comments

CPAs Provide Client Assurance A Chartered Professional Accountant (CPA) who is providing assurance for clients must follow standard monitoring processes. This is necessary both when conducting peer to peer reviews, as well as when undertaking a review of financial ...

Remote Accounting in the GTA is Increasingly Popular

By Dean CarlisleSeptember 2, 20200 comments

Remote Accounting Facilitated by Paperless Offices It’s a paperless world and your financial needs can be serviced by remote accounting in the GTA (Greater Toronto Area). The St. Catharines-based firm of Jones & O’Connell LLP is currently working for clients ...

Paperless Accounting in St. Catharines Increases CPA Efficiency

By Dean CSeptember 2, 20200 comments

What ‘Paperless Accounting’ Says About an CPA Firm Paperless accounting in St. Catharines is of course healthy for the environment. But it’s more. From a client’s perspective, it indicates a lot about a CPA firm’s efficiency and willingness to embrace change. ...

Niagara Licensed Public Accountants Provide Assurance Services

By Glenna MacDougalSeptember 2, 20200 comments

Niagara Licensed Public Accountant If you’re seeking an accountant to help you with your small business or self-employed income, you may wonder about the difference between the designations given to accountants. Historically, there were several different types of accountants ...

Niagara Chartered Professional Accountants Benefit Your Small Business

By Glenna MacDougalSeptember 2, 20200 comments

Niagara Chartered Professional Accountants The Niagara Region is home to more than 40,000 businesses, ranging from restaurants to manufacturing, from construction to wineries. Some of these enterprises are small and some employ thousands of local workers. But all of ...

Internal Control Systems Maximized Through Monitoring by CPAs in Ontario

By Glenna MacDougalSeptember 2, 20200 comments

Monitoring by CPAs in Ontario Whenever a team of CPAs performs an audit or a review engagement for a company, those team members have certain obligations. One of these obligations is to assess the organization’s system of internal control and to monitor it. Experienced ...

Big Advantages Found in GTA Paperless Accounting

By Dean CarlisleSeptember 2, 20200 comments

Going Paperless Pays Off for CPA Clients What can paperless accounting tell you about an accounting firm? As it turns out, quite a bit. The move to paperless offices has laudable environmental advantages with the reduction of paper, ink and copier parts. But it’s ...

Cyclical Monitoring by CPAs Ensures Financial Quality Control

By Dean CarlisleSeptember 2, 20200 comments

Assurance Engagements Require Cyclical Monitoring Quality control of the Cyclical monitoring of Ontario Chartered Professional Accountants (CPAs) establishes procedures of implementing and monitoring compliance with those QC policies. CPA firms providing assurance ...

Proposed CEWS Changes- Stay Tuned

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJuly 21, 20200 comments

There are some proposed potential changes to the Canada Emergency Wage Subsidy (CEWS) which are being debated in the House of Commons this week. The proposed changes include (as per https://www.canada.ca/en/department-finance/news/2020/07/supporting-canadian-workers-and-businesses-with-a-redesigned-canada-emergency-wage-subsidy.html): ...

Whether (and when) to stop contributing to the Canada Pension Plan

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJuly 15, 20200 comments

When the Canada Pension Plan was put in place on January 1,1966, it was a relatively simple retirement savings model. Working Canadians started making contributions to the CPP when they turned 18 years of age and continued making those contributions throughout their working life. ...

Fixing a mistake in your (already filed) tax return

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJuly 9, 20200 comments

While Canadians had an extended time this year to file their income tax returns for the 2019 tax year, the extended filing deadlines (June 1 for the majority of Canadians, and June 15 for self-employed individuals and their spouses) have passed and returns should be filed. In most ...

Tax and financial planning for the pandemic

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJuly 3, 20200 comments

While the standard (and accurate) advice is that tax and financial planning are best approached as activities to be carried on throughout the year, it’s also the case that a mid-year tax and financial checkup makes good sense, and that’s especially the case this year. For ...

The tax benefits of working from home

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJune 17, 20200 comments

Working from home isn’t really a new phenomenon — employees have been doing so for more than 25 years, ever since changes in technology made such remote work arrangements feasible. Over the past two months or so, however, millions of Canadian employees have had to adapt to working ...

Ins and outs of the Canada Emergency Response Benefit

By Jones & O'Connell LLPAccounting, Auditing, Tax & Consulting NewsJune 15, 20200 comments

Since mid-March, the federal and provincial governments have announced the creation of numerous programs to help both individuals and Canadian businesses with the financial fallout of the current pandemic. Of those programs, none has had a more direct impact on the lives of Canadians ...