Tax season is just around the corner, and that means it’s time to start getting prepared! In this blog post, we will discuss some tips that will help make the process a little bit easier. Whether you are a first-time tax filer or have been doing your taxes for years, there are always new things …
Bookkeepers have a job with a lot of variety – they use their expertise, people skills, and problem-solving abilities to resolve discrepancies, produce reports that are easy for clients to understand, and work with vendors, suppliers, and customers. For anyone looking for monthly bookkeeping services for their small business, you might want to know what’s …
What Is Involved In Hiring A Monthly Bookkeeper? Read More »
A human resources department is essential for businesses of all sizes – all companies must have some form of HR to meet their employees’ needs. However, what can you do if you’re a small company that doesn’t have the resources to hire a full-time HR representative? Outsourcing human resource management will let you meet these …
Has your company considered going paperless? Digital documents are easier to store, manage, search, and process. By transitioning to this kind of system, you’ll reduce the amount of paper you use, improve the efficiency of your small business, and let staff spend more time working and less time organizing. Making your existing bookkeeping system a …
How To Transition To A Paperless Bookkeeping System Read More »
Many Canadians relied on the Canada Emergency Revenue Benefit (CERB) as a source of income when the pandemic ground everything to a halt. The program ended in September, with CERB funds not distributed past October, leaving many feeling confused as to what would come next for them. In the wake of CERB, the Canadian government …
Keeping track of receipts while running a business can fill even the most responsible among us with fear. Once you set up a system for organizing your receipts, though, it becomes as natural as any other part of your business. Developing a systematic process of filing documents can save you a lot of time …
Do you scramble at tax time? The last week of April doesn’t have to be stressful! Taking the opportunity now to be ready for your tax preparation will mean everything is in order for your accountant. Here’s what you can do to prepare throughout the year.
Dext is a program that lets small business owners electronically store their receipts and invoices. They can capture them in real-time, eliminating the risk of missing paperwork. Why should you make the switch to this software for your bookkeeping? Here are five advantages to choosing Dext for your paperwork management!
As a small business, you may wonder if you need to charge and collect our province’s Harmonized Sales Tax (HST) on the goods and services you provide. Here, we’ll outline the rules that determine whether or not you should be collecting HST and sending remittances to the government and what to do if you must!
If you’re a small business in Ontario, you must collect and remit the sales tax to the Canada Revenue Agency on a quarterly or annual basis. In our province, businesses add a Harmonized Sales Tax (HST) rather than a combination of provincial sales tax and federal goods and services tax (PST/GST). The collection and remittance …
