Running a business involves numerous responsibilities, and managing your finances is critical to success. Hiring an experienced accountant can provide you with invaluable support and expertise to navigate the financial complexities of your business. In this blog, we will explore 13 key benefits of hiring an accountant for your business. From ensuring compliance with tax laws to providing strategic financial advice, an accountant can be valuable for your business's growth and success.
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13 Benefits of Hiring an Accountant for Your Business
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Ten Common Tax Filing Mistakes And How To Avoid Them
Filing taxes can be a complex and overwhelming process, especially if you need to be better versed in the intricacies of tax laws and regulations. Making mistakes on your tax return can lead to penalties, audits, and unnecessary stress. To help you navigate this challenging task, we have compiled a list of ten common tax filing mistakes and provided tips on avoiding them. By following these suggestions, you can ensure a smooth and accurate tax filing process.
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The CRA gives a chilling assessment on accidental TFSA overcontributions
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Jamie Golombek
Original Article Posted on: Jun 17, 2021
Link to Original Article: https://financialpost.com/personal-finance/taxes/the-cra-gives-a-chilling-assessment-on-accidental-tfsa-overcontributions
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Government to reimburse self-employed workers who repaid CERB
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Staff, Canadian Press
Original Article Posted on: May 27, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/
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Types of Bookkeeping
Original Article Source Credits: Chron , https://smallbusiness.chron.com/
Article Written By: Alia Nikolakopulos
Original Article Posted on: NA
Link to Original Article: https://smallbusiness.chron.com/types-bookkeeping-48070.html
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Canada Revenue Agency: How to Earn Money Tax-Free
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Daniel Da Costa
Original Article Posted on: April 29, 2021
Link to Original Article: https://www.fool.ca/2021/04/29/canada-revenue-agency-how-to-earn-money-tax-free/
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CRA has processed 18.6 million returns so far in 2021
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Rudy Mezzetta
Original Article Posted on: April 28, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-has-processed-18-6-million-returns-so-far-in-2021/
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CRA’s COVID Benefits: How to Save Your Stimulus Money From the CRA Clawback
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Puja Tayal
Original Article Posted on: April 5, 2021
Link to Original Article: https://ca.finance.yahoo.com/news/cra-covid-benefits-save-stimulus-120144392.html
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The Three Cardinal Rules of Bookkeeping
Original Article Source Credits: Chron , https://smallbusiness.chron.com/
Article Written By: Valencia Higuera
Original Article Posted on: NA
Link to Original Article: https://smallbusiness.chron.com/three-cardinal-rules-bookkeeping-35837.html
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CRA tax tips for the self-employed
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Staff
Original Article Posted on: April 7, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed/
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Canada Revenue Agency: How to Boost Your Income and Reduce Your Taxes
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Daniel Da Costa
Original Article Posted on: February 24, 2021
Link to Original Article: https://www.fool.ca/2021/02/24/canada-revenue-agency-how-to-boost-your-income-and-reduce-your-taxes/
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Four of the Most Costly Bookkeeping Errors for Small Businesses
Original Article Source Credits: Quickbooks , https://quickbooks.intuit.com/
Article Written By: QuickBooks Canada Team
Original Article Posted on: NA
Link to Original Article: https://quickbooks.intuit.com/ca/resources/accounting-errors/most-costly-bookkeeping-errors/
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How to File Your Personal Tax Return
Original Article Source Credits: Tax Tips , https://www.taxtips.ca/
Article Written By: NA
Original Article Posted on: February 23, 2021
Link to Original Article: https://www.taxtips.ca/filing/taxfilingmethods.htm
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CRA: 3 Mistakes to Avoid When Filing Your 2021 Taxes
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Christopher Liew, CFA
Original Article Posted on: February 24, 2021
Link to Original Article: https://www.fool.ca/2021/02/24/cra-3-mistakes-to-avoid-when-filing-your-2021-taxes/
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CRA: How Will the 2021 Changes in CPP and TFSA Impact You?
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Puja Tayal
Original Article Posted on: January 11, 2021
Link to Original Article: https://www.fool.ca/2021/01/11/cra-how-will-the-2021-changes-in-cpp-and-tfsa-impact-you/
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3 dates to put in your 2021 personal finance calendar
Original Article Source Credits: BNN Bloomberg , https://www.bnnbloomberg.ca/
Article Written By: Dale Jackson
Original Article Posted on: Jan 3, 2021
Link to Original Article: https://www.bnnbloomberg.ca/3-dates-to-put-in-your-2021-personal-finance-calendar-1.1542433
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TFSA contribution room calculator
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: NA
Original Article Posted on: November 2020
Link to Original Article: https://www.moneysense.ca/save/investing/tfsa-contribution-room-calculator/
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Understanding Small Business Payroll Accounting & Journal Entries
Original Article Source Credits: Intuit and QuickBooks , https://quickbooks.intuit.com/
Article Written By: QuickBooks Canada Team
Original Article Posted on: NA
Link to Original Article: https://quickbooks.intuit.com/ca/resources/payroll/what-is-payroll-accounting/
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Canada Revenue Agency: Big TFSA and RRSP Changes in 2021
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Adam Othman
Original Article Posted on: December 3, 2020
Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-big-tfsa-180019749.html
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4 Tips for Improving Your Small Business Bookkeeping
Original Article Source Credits: Intuit and QuickBooks , https://quickbooks.intuit.com/
Article Written By: QuickBooks Canada Team
Original Article Posted on: NA
Link to Original Article: https://quickbooks.intuit.com/ca/resources/bookkeeping/ways-improve-small-business-bookkeeping/
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