The blog

Plain answers to real questions.

Tax and accounting explained for Ontario business owners — written and reviewed by Walla Assaf, CPA. For the full decision library, see business decisions.

Read the posts Business decisions

A CFO-level advisory meeting over printed reports and a tablet

BlogMarch 1, 2026
Should I Incorporate My Business? Here's How to Know
If you're self-employed or running a business as a sole proprietor, at some point the question comes up. Here's what actually matters when making the decision.
Walla Assaf, CPA
BlogFebruary 1, 2026
Salary vs. Dividends: How to Pay Yourself from Your Corporation
You're incorporated. But are you paying yourself the right way? The mix of salary and dividends affects your tax, CPP, RRSP room, and more.
Walla Assaf, CPA
BlogFebruary 1, 2026
What Happens When You Get a CRA Letter
You opened the mail and it's from the CRA. Before you panic, here's what the letter means, what they're looking for, and what to do next.
Walla Assaf, CPA
BlogJanuary 1, 2026
HST New Housing Rebate: What You Need to Know Before You Apply
Bought a new build or assignment? You may be entitled to a significant HST rebate. But the rules are specific and mistakes can be costly.
Walla Assaf, CPA
BlogJanuary 1, 2026
Cash Flow vs. Profit: Why Your Business Can Be Profitable and Still Run Out of Money
Your income statement says you made money. Your bank account says otherwise. Here's why that happens and what to do about it.
Walla Assaf, CPA
BlogDecember 1, 2025
Understanding Your Financial Statements: What They Mean and Why They Matter
Balance sheet, income statement, cash flow statement. What each one tells you about your business, explained without the jargon.
Walla Assaf, CPA
BlogDecember 1, 2025
Why Your Practice Management Software Isn't Enough for Your Accounting
Dentrix, ABELDent, or Oscar tracks your patient billing. But it doesn't do your accounting. Here's the gap most practices don't realize they have.
Walla Assaf, CPA
BlogNovember 1, 2025
Corporate Restructuring: When and Why to Set Up a Holding Company
If you have significant retained earnings, multiple business interests, or you're planning for succession, a holding company may be the right move.
Walla Assaf, CPA
BlogOctober 1, 2025
Tax Planning Is Not Tax Filing: Here's the Difference
Filing your taxes is looking backwards. Tax planning is looking forward. If nobody has ever talked to you about tax planning, you're likely paying more than you need to.
Walla Assaf, CPA