Being an entrepreneur is rewarding, but it certainly doesn’t come without challenges. One of the most pressing concerns for many entrepreneurs is the issue of profitability. In the pur… Read More

Most people would agree: tax season is stressful. Even if you don’t do your own taxes, gathering your documents, making decisions about your tax strategy and making sure everything is… Read More

In a recent announcement by CPABC, Miranda Cook, Director at RHN CPA in Richmond, has been selected as a recipient of the prestigious CPABC Distinguished Service Award. This recognition is p… Read More

As we dive into another tax season, we also dive into another set of annual changes and adjustments made by the CRA that may impact how you file your taxes! Remember that no two years are th… Read More

As tax season unfolds, it’s important to ensure thorough preparation and a clear understanding of your existing or potential savings plans. Take the time to organize your financial doc… Read More

With 2024 already in full swing, we wanted to take a moment to reflect on 2023, an incredible year where we met new friends, watched familiar faces take their careers to new heights, and con… Read More

After exploring a couple different career options, Sophie Mai, newly promoted manager at RHN CPA, eventually landed on accounting. Having previously pursued a degree in the sciences, she was… Read More

After three and a half years with RHN CPA, Sharan Kaur is excited to step into a new role as Manager. Given how much she has thrived at the firm since she started in 2020, this new developme… Read More

When William Situ started as a co-op student at RHN in 2018, he was excited to finally gain hands-on accounting experience. Having been interested in an accounting career since high school… Read More

The two things newly promoted Manager Karthik Natarajan enjoys the most are working with people and working with numbers, in that order. That’s what has kept him at RHN for over five y… Read More

Nov. 28, 2023 – The accountants, bookkeepers and administrators at RHN CPA are known for their incredible organizational skills and ability to get paperwork in order for their clients… Read More

Starting December 31, 2023, significant changes are being made to Canada’s reporting requirements for trusts. Here’s what you need to know about these changes and how they may af… Read More

A lot goes into owning and operating a winery. There’s the growing or sourcing of grapes and products to resale, the staffing, the branding and marketing, the customer service and more… Read More

Are you considering a career in accounting or finance? If so, becoming a Chartered Professional Accountant (CPA) might be the ideal path for you. CPAs are highly regarded professionals in th… Read More

Losing a loved one is never easy, and the legal and financial processes that follow can add to the stress of an already difficult time.  As an executor of someone’s Will, you have… Read More

When you think of an accountant, what comes to mind? If images of solitary figures hunched over spreadsheets in dimly lit offices pop into your head, you’re not alone.  We ran a r… Read More

We started RHN CPA because we love accounting. But if that wasn’t the primary reason you started your business, we wouldn’t judge you. In the excitement of building a startup, it… Read More

2021 was not a particularly great year to graduate university. A global pandemic had hit, the future of the workforce was up in the air and in-person celebrations were canceled. But none of… Read More

RHN’s Kelowna office houses a small and intimate team. That’s part of what makes it the perfect place for David Bellew, a senior accountant with a love for people, service and co… Read More

When Eleanor Wong was deciding what she wanted to pursue as a career, she knew one thing for certain—she didn’t want to be an accountant. “My family is full of accountants… Read More

As an executor of a deceased person’s estate, you are responsible for filing any necessary estate returns with the CRA. When a person passes away, their estate becomes a separate legal… Read More

If you’re responsible for administering the estate of a deceased individual, you’ll need to file a terminal tax return in their name. In this article, we discuss what a terminal… Read More

If you’re self-employed, there are a number of expenses you are eligible to deduct on your tax returns. Knowing what to deduct can make a significant difference in your tax liability b… Read More

Thinking about a career in accounting? From future job prospects to average salary to finding the right place to work, you’ve got a lot to consider. In this blog, we answer some of the… Read More

Regardless of the industry you work in, chances are you have been seeing a lot of discussion online and in your workplace about ChatGPT, a groundbreaking artificial intelligence (AI) program… Read More

On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. Owners who are obligat… Read More

On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some strata corporations as of Decem… Read More

On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some short and long term rental prop… Read More

On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some trustees of bare trusts, as of… Read More

On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. The Underused Housing… Read More

How often do you reach out to your accountant to ask them to transfer a payment, provide a copy of your Notice of Assessment, change your mailing address or ask what the current balance owin… Read More

As tax season approaches, the thought of sorting through receipts and filling out forms can be overwhelming. It’s easy to miss out on credits and deductions that you may be eligible fo… Read More

At RHN, we pride ourselves on offering our team members opportunities for long term growth. Miranda Cook and Aiken Luu are two shining examples of the leadership paths available to the innov… Read More

Are you ready to file your 2022 income tax return? Personal tax season is just around the corner and if that stresses you out, we’ve got you covered! Here is your comprehensive guide t… Read More

The holidays are just around the corner, and that means we’re only a few months away from filing 2022 personal income tax returns! While tax season may not be the most wonderful time o… Read More

T’is the season for giving and giving back, and that means many of us are starting to make charitable donations in the spirit of the holidays. But did you know that you can get some of… Read More

David Gordon participating in a tax season self care challenge run by RHN in early 2022. Not everyone gets to know what it’s like to be their employer’s client, but RHN bookkeepe… Read More

When Tae Lee came across an RHN job posting for a Client Services Accountant in early 2022, he knew he’d found something special. “Instead of a typical job description, the posti… Read More

When Sharan Kaur first heard about RHN CPA, she knew there was something special about the firm. “When I was doing my accounting diploma at Langara College, I went to a presentation RH… Read More

Thinking about what will happen to your assets and debts after your death is not an easy topic but b… Read More

As with anything, there are pros and cons to every decision you make about your career. Ultimately, it comes down to your personal preferences and needs.  When diving into a new career… Read More

Do you know what a hard credit check is? Chances are, if you’ve ever applied for a loan or cre… Read More

Navigating your accounting career path can be overwhelming—especially if you’re just starting out and trying to determine what you like, what you’re good at and what kind o… Read More

RHN CPA isn’t the first public accounting firm Intermediate Accountant Crystal Pang has worked for, but the great culture, family atmosphere and balanced lifestyle are all reasons she… Read More

One of the best assets you could have when applying for a new accounting job is a strong reference. While you may be tempted to give your previous supervisor’s name without talking to… Read More

You’ve passed every course, you’ve finally found the firm you want to work through your CPA with—and they want you! You just need to get through that interview. But where d… Read More

Mandy Lau, Junior Accountant at the RHN Vancouver office and local entrepreneur, loves the welcoming environment and work/life balance offered by RHN. Given that many of RHN CPA’s serv… Read More

Looking for work at an accounting firm? Before you start applying, you should give some consideration to what kind of firm will be the best fit for you. When looking for accounting jobs&mdas&hell…Read More

Running a non-profit organization (NPO) is a lot of work. On top of the day-to-day operations, managing the needs of members, and working within the constraints of tight budgets and specific… Read More

If you’re a business owner or a bookkeeper, you know the struggle of running payroll. Software like QuickBooks can make it a bit easier by automating certain parts of the process and g… Read More

Since 2009, tax-free savings accounts (TFSAs) have been available to Canadian citizens and residents as a long-term investment option. If you haven’t yet opened up a TFSA, or you want… Read More

If you are, have been, or know an accountant, you know the golden rule: Don’t bother an accountant during tax time. During the busiest time of year at the firm, we at RHN always try to… Read More

Filing your taxes is stressful. And if you’ve got a lot of expenses and credits to claim, extra forms to file, or other complex tax issues to deal with, you probably felt relieved when… Read More

Thinking about retirement? Chances are you’ve started considering how your Canadian Pension Plan (CPP) can help you achieve your retirement goals. But when should you start collecting… Read More

If you’ve either started or stopped renting out your home in the 2021 tax year, you’ll likely need to file a change in use election along with your tax returns this year. This mi… Read More

RHN Chartered Professional Accountants are incredibly people-focused. “I know that may sound strange because accountants aren’t known for being people persons,” said… Read More

We know first-hand from our clients how overwhelming it can be to get tax return documents ready for your accountant. All too often, we see things get lost or disorganized in the rush, mean… Read More

With the March 1 deadline to contribute to an RRSP for the 2021 tax year fast approaching, you may have questions about how to make your RRSP work best for you. We know trying to figure out… Read More

Effective January 1, 2022, employers are required to provide eligible employees with up to 5 days of paid sick leave pe… Read More

The COVID-19 pandemic has had severe repercussions on every aspect of our lives, from our social and personal relationships to th… Read More

Throughout the pandemic, the Government of Canada has rolled out several subsidy programs aimed to provide financial support to b… Read More

The Province of British Columbia introduced the Land Owner Transparency Act (“LOTA”) in May 2019 in the hopes of unco… Read More

National Day for Truth and Reconciliation RHN will close its offices on Thursday, September 30 in recognition of National Truth a… Read More

Several NPOs are more focused on their mandates and objectives, which leaves little time for administrative tasks like bookkeepin… Read More

Watch your inbox, your mail box and your online accounts for end of year reporting statements from investments and all your T Sli… Read More

It is getting to that time of year once again and the deadline for contributing to your RRSP is fast approaching. Any contributio… Read More

Have you applied for your BC Recovery Benefit yet? If not, we can help you. In late 2020, the BC Government approved a one-time… Read More

The Canada Emergency Rent Subsidy (CERS) program is intended to replace the Canada Emergency Commercial Rent Assistance (CECRA) p… Read More

As everyone knows, registered retirement savings plans (RRSPs) are intended to provide a means by which Canadians can save for th… Read More

The Canada Emergency Wage Subsidy (CEWS) program has seen a number of changes since the program was first announced in March 2020… Read More

As professional accountants we study for long hours for many years and are required to pass intense exams to receive our designat… Read More

Our clients often ask us if hiring a sub-contractor makes more sense than hiring an employee. There are a number of consideration… Read More

2020 has been a difficult year for most of us. The closure of international borders and social distancing to curb the spread of C… Read More

How often do you leave a meeting with your accountant feeling more confused than before you started?  This reminds me of the… Read More

Indigenous Community Business Fund The Canadian Government has announced some good news for First Nation, Inuit and Metis communi… Read More

Transparency Register Starting October 1, 2020 all B.C. private corporations should have a transparency register. The register sh… Read More

In case you missed it, the Federal government has announced significant changes to its Canada Emergency Wage Subsidy (CEWS). The… Read More

As bookkeeping goes more into the cloud, we have found that one of the most reliable and popular software is QuickBooks Online (… Read More

The prospect of going through a Net Worth Audit (“NWA”) by the Canada Revenue Agency (“CRA”) is enough to… Read More

Help! I haven’t filed a personal tax return in a few years and don’t know where to start! Myth: Everyone files their… Read More

Having conversations about estate planning can be difficult. Few want to think about, let alone plan for their death. There are a… Read More

On April 11, the Canada Emergency Wage Subsidy (CEWS) became law. The subsidy is intended to assist employers in continuing to em… Read More

Government’s Wage Subsidy Programs Update On April 1, 2020 the Department of Finance released new details about the Federal… Read More

A common question among people who are approaching their retirement years is when should they start receiving Canada Pension Plan… Read More

As part of our commitment to keep you informed, RHN CPA continues to follow the government’s announcements of measures desi… Read More

Last week we wrote about the Government of Canada’s response to the growing effects of COVID-19 on Canada’s economy… Read More

Last week we wrote about the Government of Canada’s response to the growing effects of COVID-19 on Canada’s economy… Read More

RHN’s priority continues to be protecting the health of all Firm members and clients and ensuring we can continue to suppor… Read More

The Latest on Federal Government COVID-19 Financial Relief Plan March 18, 2020 In order to keep you up to date… Read More

The deadlines for filing your 2019 Canadian personal income tax return are: April 30th if you have no business income, and J… Read More

Financial Hardship Due to COVID-19 In recent weeks we have all observed the growing effects of the coronavirus… Read More

RHN is open and here to help. As the risk of the Coronavirus (COVID-19) has been moved from low-risk to seriou… Read More

When to file a T1044 Non-Profit Organization (NPO) Information Return This return might be required for clubs… Read More

Tax Planning vs Tax Evasion – Do You Know the Difference? Tax planning and tax evasion are both methods… Read More

As a small business owner, you may be asking yourself: “Do I need to submit a T5 slip in addition to a T4 slip?”… Read More

Every year RHN gets asked questions about RRSP’s. We have put a few of the most important together here!… Read More

Is your dream to operate a vineyard, an orchard or other agricultural pursuits? Cher Wood, CPA, CGA has a wealth of knowledge whe… Read More

As we all know, Canada’s tax laws are complex and the repercussions from going “off-side” with the Canada Reven… Read More

New BC Employer Health Tax Registration and Installment Payment deadlines are fast approaching. Are you ready? Employers required to pay installment payments must register by May 15, 2019 Fi… Read More

CRA has had a computer glitch that could affect any BC resident taxpayers with dividend income. Their system has been disallowing the BC portion of the Dividend Tax Credit. Their notices sim… Read More