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!
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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
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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
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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
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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
What Is Bookkeeping in Accounting? Read More »
Do you have a huge pile of business receipts that you don’t know what to do with? Are you worried about being audited because you can’t find a receipt for a specific purchase? No worries, we will teach you how to organize and file your business receipts. Read more to learn tips on how to
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Are you one of those people who wait until the last minute to do their taxes? If so, you’re not alone. A lot of people put it off because it’s a daunting task. It doesn’t have to be! This blog post will discuss five different ways to do that. We’ll also introduce you to Dext,
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QuickBooks is a powerful tool for businesses of all sizes. However, it can be difficult to learn how to use QuickBooks effectively without proper training. In fact, QuickBooks training can save your business money in the long run by helping you become more efficient and effective with your bookkeeping. In this blog post, we will
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Most people know that they need to file taxes every year, but what happens if you don’t file? Unfortunately, the consequences can be severe. In this blog post, we will discuss the penalties for not filing taxes, as well as some of the other consequences you may face. We will also provide some tips on
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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
2022 Tax Preparation Tips for Canadians Read More »
