Overall, hiring a professional accountant can offer numerous advantages for your small business. Besides their expertise and knowledge, they can handle complicated financial tasks, offer specialized services, access their network of professional contacts, and increase the credibility of your busines...
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Maintaining accurate financial records is crucial for small business owners, as it allows them to have a clear understanding of the financial health of their business and aids in tax compliance, decision-making, and planning for the future. Here are some suggestions for keeping accurate financial re...
This article offers some tips and considerations to help you make a well-informed decision when it comes to selecting the appropriate accounting software for your compa...
Introduction to incorporation in Canada
Incorporation is the process of legally creating a business as a corporation. Incorporating a business in Canada can provide certain benefits, such as limited liability protection for the owners (also known as shareholders) and potential tax advantages.
Benefits...
You can claim following Business Expenses:
- Subcontracting Expense - Subcontracting expense paid to other companies, up work, outsourcing fees etc.
- Software Expense - Microsoft office, accounting software, google workspace etc.
- Training Expense - Any IT course taken online, classroom for deve...