Many business owners especially those that are new often feel like they also have to be a bookkeeper as well as accountant besides knowing about their business in order for it to be successful. In some ways this is true but fortunately there are experts in these fields who can take control of this…
As an employer you are probably well aware of your obligations for making the proper deductions from employee’s wages which in turn have to be submitted to the proper government department. These are deductions such as CPP and EI contributions as well as tax. What you may not be aware of is there…
You may not have begun with the intentions of starting a part time business but an opportunity came along and you just couldn’t resist. Perhaps you are a crafts person and your finished products are becoming in demand where you have developed a market for them. Or maybe you have become the neighborhood…
It is not uncommon for small businesses to share their frustrations with their accountant concerning the growth of their business. Very often an experienced accountant can offer a lot of good tax planning advice to help companies move in the right direction. For example, these financial experts can often discern when it would be more…
As the owner of a small business you are entitled to claim different types of expenses, that can occur as a result of your business efforts. These can often be complicated and many times they are missed or not filed for correctly. One of these is the use of vehicles for the business. Using the…
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…
Having resources such as guides to turn to when it comes to running a business is a valuable resource but what has to be remembered is that this type of additional help is an extra resource and should only be relied on as partial help. The same holds true for the Small Business Tax Guide…
Whenever a new budget is in the wind, Toronto business owners always have room for concern. With a tight economy most businesses view themselves as being somewhat vulnerable even though the figures make the business appear stable. Small business issues that may usually go unnoticed by those in management positions demand more attention, and companies…
No matter what the size of your business it’s important to you, and as an astute business person you are adamant that you want to run it properly. As the owner of a business you end up wearing many hats and have to become involved in all aspects of your company. Even if you have…
