Blog
How to Use the Retirement Income Calculator (Canadian)
You've been saving for retirement. But how much monthly income might those savings actually give you once you stop working? The Retirement Income Calculator on the RHN CPA website estimates how much monthly income your savings may produce, before and after taxes and...
Cash Flow Basics for Small Businesses in BC
Profit on paper and cash in the bank are not the same thing. You can show a healthy year and still struggle to make payroll, GST, or supplier payments because the money has not arrived yet, or because it already went out the door. This guide is a practical cash-flow...
Year-End Corporate Tax Planning: Checklist for Canadian Businesses
Year-end is when you still have time to change the result, not simply the time to file your taxes. Once the fiscal year closes, many planning opportunities are locked. A short planning pass before year-end is cheaper than cleaning up after the T2 has already been...
How to Use the RRSP Loan Calculator (Canadian)
Some Canadians borrow to make an RRSP contribution—especially around contribution season—then use the tax refund to help pay the loan back. The RRSP Loan Calculator on the RHN CPA website models the loan, your payments, your estimated tax refund, and how the RRSP...
Mortgage Qualifier: How Much Home Can You Afford in BC?
When you start shopping for a home in BC, the number on the listing is only part of the picture. Lenders decide how much you can borrow based on your income, debts, down payment, and rules that often use a higher interest rate than the one you will actually pay. This...
How to Use the Credit Card Pay Off Calculator (Canadian)
If you carry a credit card balance, it helps to know what it will actually take to pay it off—and what happens if you keep paying the same amount while new charges keep landing on the card. The Credit Card Pay Off Calculator on the RHN CPA website shows the monthly...
CPA Careers in BC: Accounting Firm Culture, Interviews & Growth
A hub for anyone considering or building a career in accounting: CPA path, firm culture, and life at RHN. Note: CPA pathway updates coming Canada's CPA profession is moving to a new CPA Professional Program (aligned with Competency Map 2.0), expected to launch in...
How to Use the Rent vs. Buy Calculator (Canadian)
Should you rent or buy your home? Comparing a mortgage payment to your rent doesn't tell the full story. Buying involves a down payment, closing costs, property taxes, maintenance or strata fees, and the opportunity cost of the money tied up in the home. The Rent vs....
Employee or Contractor? CRA Rules for Canadian Small Businesses
How the CRA decides employee vs contractor status for Canadian small businesses. Payroll, T4/T4A, CPP/EI, BC rules, and when to request a ruling.
How to Use the Emergency Savings Calculator (Canadian)
Most financial advisors recommend keeping three to six months of expenses set aside for emergencies. But the right number depends on your household: your living costs, how long it might take to find new work, and what your insurance would and would not cover. The...
Small Business Tax & Accounting in Canada: Self-Employed, Contractors & Bookkeeping
A hub for sole proprietors, contractors, small business owners, and bookkeeping in Canada and BC. What this guide covers If you run a sole proprietorship, hire contractors in BC, or pay yourself from a small corporation, you're in the right place. This guide covers...
Estate & Trust Tax in Canada: Planning, Executors & Reporting
A hub for estate planning, executor duties, terminal and estate returns, and trust reporting in Canada.