by ahmad | Aug 20, 2024 | Uncategorized
Taxes can hit small business owners hard, and have a dramatic impact on their bottom line. However, there are some steps you can take as a small business owner, to reduce your tax bill, and hang onto more of what you’ve earned. Working with a corporate tax accountant...
by ahmad | Aug 14, 2024 | Uncategorized
Unless you’re a tax professional as well as a small business owner or self-employed person, it’s unlikely that you’ll know enough about tax-saving strategies to be able to put any of them into practice, to potentially reduce your tax bill. The reality is though, that...
by ahmad | Jul 24, 2024 | Uncategorized
Providing a snapshot on any given day of a business’s financial picture, an accounting statement known as a balance sheet – or statement of financial position – lists all a company’s assets, from long-term ones like goodwill, buildings, plant and...
by ahmad | Jul 23, 2024 | Uncategorized
For business owners in Surrey, whether they’re newbies to the world of entrepreneurship, or have been running successful companies for years, taxes never get any easier to understand, particularly when it comes to Harmonized Sales Tax (HST), and the Goods and Services...
by ahmad | Jun 27, 2024 | Uncategorized
There are numerous advantages to becoming a small business owner, and 1.2 million Canadians are busy reaping them as this is being written. Being able to set your own schedule, choose who you work with, and steer the business in whatever direction you see fit, makes...
by ahmad | Jun 26, 2024 | Uncategorized
Many small businesses in Canada are run entirely by their owners, including day-to-day operations, and managing the finances. With respect to the latter, this may be due to budgetary constraints, or the mistaken belief that bookkeeping and accounting are simple tasks...
by ahmad | May 27, 2024 | Uncategorized
Financial statements can be immensely helpful to businesses, enabling them to guide stakeholders through the complexities of making finance-related decisions. Review engagements are a particularly important type of financial statement service, that involve a Chartered...
by ahmad | May 25, 2024 | Uncategorized
Offering a practical answer to financial reporting in Canada, a compilation engagement requires none of the lengthy and detailed processes of verification typically involved with audits and reviews, and can be an affordable alternative to other, more comprehensive...
by ahmad | Apr 29, 2024 | Uncategorized
Many Canadians put a lot of effort into saving for the day when they retire, but fail to pay attention to estate planning. While it might not be such a pleasing prospect as saving for retirement, what happens to your estate in the event of your death could be out of...
by ahmad | Apr 22, 2024 | Uncategorized
A bookkeeper can be a vital asset to a business, but without both parties putting in a certain degree of commitment and effort, the relationship can become strained, and the business may not get the full value from their bookkeeper. Whether you hire an in-house...
