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Many business people have a fairly good understanding as to how their business is doing financially. Most of their attention is put on what is coming in vs. what is going out, and what’s left over at the end of the day. Of course this wraps it all by simplifying it, but when it…
A lot of people now are on the road and their office is typically their computer it’s either a Tablet, smartphone or maybe a laptop. If you are self employed or have a corporation you should be maintaining proper accounting records. However, most people don’t have the time or the patience to record things and…
Many times new business owners believe that when they go to buy items needed for their business that they can use these as an expense write off for their business taxes. They make huge investments then when they sit down with their Toronto accountant they are shocked to discover that they are only allowed to claim…
With today’s modern technology especially with the internet and its related products, it is not too difficult for an unsuspecting individual to find themselves in trouble with their accounting matters and even the CRA. Almost everyone wants to save a buck or two whenever they can, and when it comes to taxes anything that…
If you are thinking about starting a small business then at the same time you also need to think about getting yourself off on the right foot with the Canada Revenue Agency (CRA) as well as retaining the services of a quality Toronto accountant ideally that also offers Toronto bookkeeping services as well. These are all…
Your Taxes and Your Toronto Home Daycare Service Here at torontoaccountant.ca we are capable of helping you get all the tax breaks you qualify for with your daycare services. Running a home daycare service is something that many individuals will consider as a way of earning income. Many new Moms that want to stay at…
There are a lot of reasons why tax payers do not file their taxes on time. In respect to business filings it is often due to not having the proper bookkeeping systems in place. Running a business no matter how big or small is time consuming, and every business generates a fair amount of paperwork.…
