February 2021

What is Business Coaching?
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What is Business Coaching?

Accounting, Business Coaching

What is Business Coaching?

By Virtual Heights|2021-10-24T09:53:00+00:00February 24th, 2021|Accounting, Business Coaching|

If you're an entrepreneur there's a good chance you've heard about business coaching, you know a business coach, or someone you know has worked with a business coach. But do you know what this service is and how your business can benefit from it? There are all kinds of business coaches. A business coach can help you with anything from clarifying your vision for the business to running its day-to-day operations. The coach you hire and the services you need depend on you, your business, and your goals. Business Coaching Benefits The benefits of working with a business coach are as [...]

Why Don’t You Love Your Business Anymore?

By Virtual Heights|2021-02-18T15:42:04+00:00February 14th, 2021|Accounting, Business, Business Coaching|

Remember when you first started your business? You were so excited about it that you were constantly telling people about it, and you jumped out of bed, eager to start your day. But somewhere along the way, that excitement turned into a sense of obligation. Right now, you don't love your business, you wish you could get a break from it. This is totally normal, and happens more often than you think. Many entrepreneurs start their businesses with a lot of hope and positivity. Once they see all the things that go into running a successful business, they realize it’s much [...]

Do You Need to Issue a T2200?

By Virtual Heights|2021-10-24T09:53:00+00:00February 5th, 2021|Accounting, Taxes|

Have you heard the news about the special opportunity for employees working from home to claim home office expenses this year? As an employer, it’s important you know about these updates. You may need to help your employees by issuing a T2200, if necessary. A T2200, Declarations of Conditions of Employment, is a form that employers usually fill out so employees can claim certain out of pocket expenses. However, given the major move to work-from-home status due to the COVID-19 pandemic, the Canada Revenue Agency (CRA) is simplifying things for employers and employees for the 2020 taxation year. T2200 Highlights for [...]