Small Business Strategies for Tax Policy Changes

In this episode of the CanadianSME Small Business Podcast, host Kripa Anand sits down with Erica Pimentel, Assistant Professor at Smith School of Business and CPA, to explore the complexities of Canada’s GST holiday. From operational hurdles and regional disparities to strategies for small businesses, Erica sheds light on the policy’s implications and how entrepreneurs can navigate the shift effectively.As a recognized expert in financial accounting and technological disruption, Erica’s insights extend beyond the GST holiday to blockchain, remote work, and accounting innovations that are reshaping the business landscape. If you’re a small business owner looking to stay ahead, this episode is packed with actionable takeaways.Key Highlights:Operational Challenges of the GST Holiday – How small businesses can prepare without disrupting operations.Regional Disparities – The impact of policy differences across provinces like Ontario and Quebec.Practical Strategies – Tools and technologies that can streamline GST transitions for SMEs.Emerging Technologies – How blockchain and automation are transforming accounting and auditing practices.Remote Work in Accounting – The evolving role of remote work in financial services and its impact on client interactions.Special Thanks to Our Partners:RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.htmlUPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWAConstant Contact: https://www.constantcontact.com/landing1/new-marketer?utm_campaign=canadiansme&utm_medium=sponsorlogo&utm_source=brandIHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSMEGoogle: https://www.google.ca/For more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation.