Year-End Update: A Look Back at 2025 As we close out 2025, we are proud to reflect on a year defined by steady growth, meaningful milestones, and the continued strength of the Clearline CPA team. It was a year that reinforced who we are as a firm and where we are headed. Growth, Talent, and…
November 4, 2025The Minister of Finance, François-Philippe Champagne, delivered the 2025 Budget (the “Budget”) this afternoon. Highlights of the tax measures announced in the Budget are summarized below.Business Income Tax Immediate Expensing of CCA on Eligible M&P Buildings Buildings and additions/renovations to buildings that are used 90% or more for manufacturing…
We previously noted that the Canada Revenue Agency (CRA) had made digital delivery the default for most business correspondence. However, we now understand that the agency is extending this shift to individuals as well. While the CRA has not specified which taxpayers are being moved to online delivery, it has confirmed that affected individuals will…
Beyond Compliance: Why Your Company Might Need an Audit When you’re running a company, the idea of an audit can feel intimidating. It’s a fair question to ask: “Do I really need one?” While an audit is a formal process, it offers benefits that go beyond simple compliance. It’s a powerful tool that can give…
Financial statements are much more than just an annual compliance requirement — they are a tool for securing the capital needed for your business to grow and thrive. If you’re seeking financing from banks, credit unions, or private lenders, the quality of your financial statements and the type of engagement your accountant performs can make…
Payment Process Update – Effective October 1, 2025 At Clearline, we are investing heavily in secure, modern systems to keep pace with the rapid changes in the accounting profession. By moving to the most reliable and trusted systems, we are ensuring that we can continue to deliver our services with accuracy, efficiency, and security, while…