6 Reasons to Hire a Professional Accounting Firm for Small Businesses in Brampton More than 95% of businesses in Canada are either small or medium-sized, and these businesses are the backbone of the economy, contributing 13.4% to Canada’s GDP. They also offer employment to more than 70-80% of working people. The […]
Managing the accounts and doing the bookkeeping are good practices, especially if you have a good knowledge of the accounts. The decision of handling accounts on your own is good and favorable for the new business owners when the complications are not that high. However, varying out the responsibilities further can […]
For most people bookkeeping and accounting would seem like the same thing. Ask them the difference and they will be hard-pressed to come up with an answer. They aren’t to blame really, because both bookkeeping service and accounting service are actually part of the financial cycle that a company follows. Unveiling […]
Accounting can easily be referred to as the lifeline of a business. It not only helps to ensure the smooth running of the business but helps keep the various aspects of the business in line to maximize the bottom line. This is why business owners consider professional bookkeepers for their businesses. […]
The Canada Revenue Agency (CRA) requires most individuals to file their taxes by April 30th each year, while self-employed individuals have until June 15th. This period often sees a rush as people prepare statements, file returns, and settle any outstanding amounts with the government. Many turn to professional tax preparation services […]