Tax Credits Claim Return Deduction Refund Concept
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What are the Best Accounting and Tax Services – Top #1 choice & Costs

As a business owner in Canada, it’s important to understand the cost of small business accounting and tax services. The cost of these services can vary greatly depending on the level of support and guidance you need. Traditional small business accounting and tax services, such as preparing and filing tax returns, can be reasonably priced,…

Small Business Accounting Tips

Small Business Accounting – Save Expenses, Save Tax, and Maximize Profit

Introduction Small businesses in Canada strive to generate profit while managing expenses and staying tax-compliant. In today’s competitive landscape, outsourcing various business functions to foreign service providers has become increasingly common. The primary reason? Cost reduction. With rising operational expenses and cash flow challenges, outsourcing enables small businesses to remain competitive and sustainable. While this…

Cash Flow Tips for Small Business - Dexado Accounting and Tax

Small Business Accounting is Not Enough—You Need Cash Flow Coaching!

As a small business owner, you likely have a bookkeeper or accountant handling your financials. While traditional accounting helps you stay compliant with taxes and financial reporting, it doesn’t always help you manage your cash flow effectively. Profit and revenue do NOT equal cash in the bank. Many businesses struggle, not because they aren’t making…

Financial Success for Medical Professionals: Accounting and Advisory Services Tailored for Doctors

Financial Success for Medical Professionals: Accounting and Advisory Services Tailored for Doctors

As a medical professional, your primary focus is providing exceptional patient care. However, managing your finances, taxes, and business operations is just as crucial to ensure the long-term success of your practice. Whether you’re a physician, dentist, specialist, or medical clinic owner, proactive financial planning and tax strategies can save you money, minimize stress, and…

Bookkeeping Services for Doctors: Why It’s Essential & How to Adds Value
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Bookkeeping Services for Doctors: Why It’s Essential & How to Add Value

In the fast-paced world of healthcare, doctors and medical professionals dedicate their time to patient care, leaving little room to focus on bookkeeping and financial management. However, maintaining accurate and up-to-date financial records is critical for the success of a medical practice. Many practitioners think that outsourcing their bookkeeping will end up costing them in…

Save 33% on Small Business Accounting Fees - Dexado Accounting and Tax

How You Can Save 33% on Small Business Accounting Fees

Running a small business comes with many responsibilities, and one of the most critical is ensuring that your financials are in order. You need accurate bookkeeping, tax preparation, and financial statements to stay compliant with the CRA and make informed business decisions. However, accounting fees can be a significant expense. The good news? You have…

Revenue Recognition

Revenue Recognition for SaaS Companies – Complete Guide

As a boutique accounting firm specializing in SaaS businesses, Dexado Accounting and Tax understands the complexities of revenue recognition for SaaS companies. This guide covers the journey from startup to public company status, highlighting how revenue should be recognized at each stage, the accountant’s role, and the value of specialized advisory services.  1. Startup with…

SaaS Accounting Ecosystem of Apps for a Successful Business

SaaS Accounting Ecosystem of Apps for a Successful Business 

Introduction In the fast-paced world of SaaS businesses, establishing a comprehensive accounting system is essential from the very beginning. A well-structured accounting system enables financial clarity, compliance, and scalability. By integrating best-in-class apps, SaaS companies can create a seamless ecosystem that automates repetitive tasks, delivers real-time financial insights, and supports long-term growth.  At Dexado Accounting…

Accounting for IT Startups

Accounting for IT Startups: The Importance of Cash Burn Rate and How Dexado Accounting Maximizes ROI

In the fast-paced world of IT startups, effective financial management is crucial for sustainability and growth. Among the most essential metrics for founders is the cash burn rate—the rate at which cash reserves are spent. This measure, alongside the cash runway, tells you how long your funds will last and when you might need additional financing. At…

Small Business Tax Deduction - Dexado Tax and Accounting
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Essential Tax Deductions Every Canadian Small Business Should Know

Running a small business in Canada comes with its fair share of challenges, one of which is managing taxes efficiently. Small business owners are often looking for ways to save on taxes, and understanding the available tax deductions can make a significant difference. Knowing what you can write off can not only reduce your tax…