Are you looking for ways to stretch your business’s funds even further? With the day-to-day operations and finances of a company, it can be hard to find extra savings. This is where a bookkeeper may come in – they are invaluable resources when it comes to keeping finances organized and finding ways to save money …
A business owner or individual needs to understand common accounting terms that are used in their finances and taxes, even when hiring an outsourced bookkeeper. Here are some accounting terms and definitions that are commonly used to help you get started!
As a business owner, you may look for ways to save money and reduce your taxes. One way to do this is by taking advantage of tax write-offs. What exactly can you claim as a tax write-off in Canada? Keep reading to learn more.
If you’re a Canadian taxpayer, then you need to know about the CRA My Account. This is an online account that allows you to manage your taxes easily and conveniently. In this post, we will discuss how to register for the CRA My Account and what features it offers. We’ll also provide some tips on …
What is The CRA My Account and How Do I Register for It? Read More »
If you’re like most business owners, you’re probably wondering whether or not you should hire a tax accountant when filing your taxes. There are many reasons to do so, and in this post, we will discuss just a few of them. Keep reading to learn more about filing taxes for your business.
Do you have questions about accounting? You’re not alone. Many people find accounting to be complex, especially when it comes to the tax code. In this post, we will answer five of the most commonly asked questions about accounting. We’ll help you understand bookkeeping, financial statements, and more!
There are many reasons why a sole proprietor might want to consider incorporating. One of the biggest benefits is that it can help protect your assets in the event of a lawsuit. When you operate as a sole proprietor, any legal action taken against your business is also taken against you. Keep reading to learn …
The Advantages of Incorporating as a Sole Proprietor Read More »
There are a lot of decisions that business owners have to make, and one of the most important is whether or not to outsource their bookkeeping. This is a decision that should not be taken lightly, as there are many factors to consider. In this post, we will discuss the pros and cons of outsourcing …
Are you looking for ways to save money on your monthly expenses? If so, you have come to the right place! Let’s discuss some tips that will help you create a budget and stick to it. Following a budget is difficult, but it is definitely worth it in the end for most situations. Calculating your …
Bookkeeping is one of the most important aspects of accounting. It is the process of recording financial transactions and ensuring that all information is accurate and up-to-date. Without proper bookkeeping, it would be difficult to track your business’ financial health or prepare tax returns. Let’s discuss what bookkeeping is and how it can help your …
