Every Canadian business owner struggle with the bookkeeping dilemma: do-it-yourself (DIY) Bookkeeping or outsource it to a professional bookkeeper? While both options have its own set of pros and cons, the best choice hinges on your business specific needs. This blog post will explain into the pros and cons of DIY […]
Feeling overwhelmed by financial statements? You’re not alone. Here at Accounting Mississauga, we understand that financial statements can be complex and time-consuming. That’s why we offer stress-free financial statement preparation services in Ontario, keeping in mind individuals and businesses like you. What is Financial Statement Preparation? In the Canadian business landscape, […]
What is Tax-Free Savings Account (TFSA)? A Tax-Free Savings Account (TFSA) is a registered investment account that allows Canadian residents 18 years of age or older to earn tax-free investment income. Since 2009, the federal government, through TFSAs allow individuals to contribute a set amount each year to the account, up […]
Small company owners must concentrate on completing their taxes while Canadians finish their income tax returns. Self-employed people have until June 30 to file their tax forms, and the payment deadline is still May 2. The deadline for filing for people with incorporated businesses is six months following the conclusion of […]
Ah, tax season. For many Canadians, it’s a period filled with dread, a time for scrambling to gather receipts and decipher confusing forms. But fear not! With some knowledge and the right resources, tackling your personal taxes can be a smooth (and potentially rewarding) experience. This blog post serves as your guide […]
