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Articles by Clayton Achen

Female lawyer looking over contract.

How to Choose the Right Law Firm Accounting Partner

How to Choose the Right Law Firm Accounting Partner As the owner of a successful law firm, you’re busy.  You’re busy providing mentorship to staff, drafting legal documents, and optimizing each client’s experience - all…
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Desktop vs. Cloud accounting software

I remember getting my portable CD player, it was the greatest invention I had ever seen.    I could take my music with me, wherever I went my music could go with me. One problem…
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Why communicating with your bookkeeper matters

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” - Tony Robbins The advent…
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CEBA repayment date extended

On January 12, 2022, the government extended the repayment deadline for CEBA loans. If your company's CEBA loan is repaid by December 31, 2023, up to one third (i.e. up to $20,000 on a $60,000…
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CSRS 4200 Client Guide

Some things never change, but after 35 years CPA Canada has decided that the standards surrounding how CPAs approach Compilation (aka Notice to Reader) engagements needed an overhaul. Why things are changing The new Canadian…
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Alberta Digital Economy Program

The Digital Economy Program is a partnership between Business Link and Digital Main Street in which the Alberta and federal governments will provide $10 million of funding to help home-based or commercial small businesses: Improve…
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Alberta Jobs Now program

With the assistance of the Federal Government, the Alberta government has committed $370 million to help and encourage hiring by private companies and non-profits. Funding is available to help offset the cost of hiring and…
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Accelerated Investment Incentive claims denied by the CRA

Budget 2021 proposed measures to encourage Canadian Controlled Private Companies to purchase certain capital property by offering accelerated tax depreciation. In more cases, the impact will be to triple the amount of expense that can…
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Achen Henderson acquires Active Accounting

We are super excited to welcome Active Accounting Inc., one of Calgary’s longest running bookkeeping firms, to the Achen Henderson Team! The team at Active Accounting brings over 50 years’ bookkeeping, payroll, tax, and business…
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Bill C-208: Transferring your company to your kids just got easier

Tax circles have been buzzing over the recent changes to the Income Tax Act relating to Bill C-208 which aims to put private company share sales to children and grandchildren on level footing with private…
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When is my US tax return due?

One of the most frequent questions we receive is, "when is my U.S. tax return due?"  Unlike Canada, which has very few exceptions to the filing deadline of April 30th, the U.S. system has many.…
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2021 Alberta Jobs Program

On May 19, 2021, the Government of Alberta announced the new Alberta Jobs Program aimed at helping private and not-for-profit businesses support for hiring unemployed or underemployed Albertans. Highlights: Employers can claim up to 25%…
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