How Bookkeepers and Clients Can Reduce Accounting Costs Before Sending Year-End Financials
As an accounting firm, we often see bookkeepers and business owners paying more than necessary for year-end financial statement preparation. The good news? A little preparation before sending your records to your accountant can lead to significant cost savings. Here’s a checklist to ensure your books are in great shape before the year-end review. 1. […]
2024 Canada Revenue Agency Tax Tips
Question 1: Where do I find information on filing as a self-employed individual? The 2023 filing deadline was June 15th, 2024, but with June 15th falling on a Saturday, returns were considered filed on time if received by June 17th. The CRA offers various resources to help you navigate your tax obligations. A few include: Liaison Officer service for confidential […]
Leveraging Your Canadian CPA: A Guide to Efficient Business Management
Running a successful business in Canada involves navigating a complex landscape of financial regulations, tax laws, and compliance requirements. Your Chartered Professional Accountant (CPA) is a key ally in this journey. Beyond just handling your taxes, a CPA can play a crucial role in optimizing your business operations, ensuring compliance, and fostering financial health. This […]
