Insights & Updates Blog

Explore our blog, where our experts share insightful guidance on a wide range of financial services and the latest industry trends. Gain valuable information, practical tips, and professional perspectives designed to expand your financial knowledge and help you make informed decisions for your business and personal finances.

Couple at a table listening to a woman gesturing. Laptop and papers are on the table.
By Lott & Company April 22, 2026
Clarify the differences and benefits of estate vs. succession planning for business owners across Ontario seeking long-term success.
Two businesspeople reviewing financial data on a tablet and papers at a desk.
By Lott & Company April 7, 2026
Find out the signs your business needs financial consulting, and how Lott & Company’s local advisors deliver tailored guidance.
File folder labeled
By Lott & Company March 17, 2026
Discover an actionable payroll checklist to streamline wages, deductions, and compliance for Ontario businesses of any size.
People reviewing financial data on a laptop and monitor, using a calculator and notepad.
By Lott & Company March 4, 2026
Uncover pros, cons, and business fit as we compare today's leading accounting software for small businesses in Markham.
Person in suit writing in planner at desk with laptop, calculator, coffee cup, and documents.
By Lott & Company February 17, 2026
Explore must-know tax prep strategies for Ontario startups to stay compliant and maximize returns during filing season.
Person calculating with a calculator on a desk with paperwork, coins, and a phone.
By Lott & Company February 4, 2026
Learn how compilation engagements support business owners in Markham and Chatham with clear, actionable financial information.
Person using a calculator and laptop, with tax-related icons overlaid.
By Lott & Company January 21, 2026
Stay compliant in 2026. Discover the most common business tax filing mistakes in Ontario and how to avoid them for a smooth and successful tax season.
Real estate agent explaining document to a client, model homes and laptop on the table.
By Lott & Company January 7, 2026
Start 2026 with a clear legacy plan. Lott & Company guides Ontario families on wills, trusts, powers of attorney, and tax-smart steps this winter. Book a consult.
Woman working on a spreadsheet on a desktop computer in an office, typing at keyboard, desk cluttered.
By Lott & Company December 17, 2025
Close your 2025 books right: reconciliations, HST checks, expense reviews, and audit-ready reports. Lott & Company’s Markham team streamlines winter cleanup.
A person in a suit presenting payroll-related icons, including a money bag, above a laptop.
By Lott & Company December 3, 2025
Stay compliant and stress-free. Learn the latest payroll law updates and how expert management can protect your business.
People around a table with
By Lott & Company November 19, 2025
Explore crucial accounting and advisory steps every start-up needs to succeed, from business structure to tax planning, with expert guidance.
Laptop displaying a
By Lott & Company November 5, 2025
Uncover simple, powerful strategies for personal tax planning that can help you reduce stress and make the most of your financial situation.
A magnifying glass is sitting next to a piece of paper that says audit.
By Lott & Company October 14, 2025
Construction and engineering firms: Stay audit-ready with proactive steps for seamless audits and confident financial management.
A jar filled with coins next to a pile of coins and the word tax.
By Lott & Company October 2, 2025
Reduce your tax liabilities and improve your financial health. Explore proven strategies for Ontario professionals to maximize tax savings.
A woman is sitting at a desk using a computer.
By Lott & Company September 16, 2025
Tech startups: Master bookkeeping with expert tips from Markham accountants. Save time, stay organized, and avoid common financial pitfalls.
A man is sitting on a couch talking to a couple.
By Lott & Company September 2, 2025
Secure your business’s future with effective estate and succession planning. Discover key steps to maximize continuity and minimize tax burdens.
The word payroll is written on wooden blocks next to a magnifying glass and a calculator.
By Lott & Company August 19, 2025
Streamline your payroll process and ensure compliance with best practices tailored for Ontario businesses. Avoid common mistakes and boost efficiency.
A man and a woman are sitting at a table with papers and a calculator.
By Lott & Company August 5, 2025
Master year-end tax planning with expert advice for Markham businesses. Simplify your finances and optimize deductions for a stress-free tax season.
A road going through a snowy forest with mountains in the background
By KimiB May 31, 2024
If you happen to reside in the northern regions of Canada, we have some great news for you! The travel deductions available for northern residents have been expanded, allowing more individuals to claim their expenses for trips to and from these areas on their 2021 tax returns. Curious to know more about these updated deductions? [...]
A man is sitting at a desk using a calculator and writing in a notebook.
By KimiB May 29, 2024
Understanding your financial needs and sufficiency is crucial when it comes to financial planning. One key aspect of this is getting an accurate estimate of how much income tax, marginal tax, you might owe each year, as this will help you better understand how much of your income you can save, spend, and invest. If [...]
A man is sitting at a desk holding a cup of coffee and writing in a notebook.
By KimiB May 28, 2024
Did you know that while capital gains are taxable, capital losses can be deducted? And with certain conditions, you can even carry those losses forward to offset taxes on future capital gains. Let's break down what qualifies as a capital loss and explore how you can take advantage of it, step by step. Bookkeeping in [...]
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