If you’re doing your own accounting and don’t have training as a bookkeeper, it can be easy to make mistakes that negatively impact your business. Here are 7 common mistakes business owners make with their bookkeeping.
This can cost you money in penalties and interest. For more information: what you need to know about government deadlines.
There are many places you can sell your tax return to get an instant refund.
These discounters are purchasing your refund and charging a fee so that you can get your tax refund right away.
The history behind discounting tax returns started many years ago when paper tax returns meant that it took two weeks or more for you to receive your refund cheque. Now that tax returns are filed electronically, refunds arrive sooner.
Here are some points to consider. [Read more…]
Need help filing your personal taxes for 2021 or prior years?
We are open for the new tax season.
Personal income tax returns are due by April 30 (announce to follow Pandemic) maybe extended.
You can access your information online thru My Account on the website for Canada Revenue Agency.
While you can still send in paper returns, you can no longer use the telephone to file your taxes. The preferred method is electronic filing and you can use one of the many programs available to NETFILE your taxes.
Or you can let us look after your tax return for you!
We review every return to verify and confirm your information, check for errors and look for ways you can save on your taxes.
Fallen behind? Afraid of the government?
You are not alone!
This time of year can be anxiety provoking – especially if you are behind in filing your returns.
We will be more than happy to complete your 2010 or prior year tax returns for you and your family.
Now is a good time for small business owners or partnerships to get your bookkeeping updated so you can be ready for the June 15*filing deadline.
A bookkeeper can help you keep your profits in your business, and save you time so you can focus on running your business.
Here are some of the ways we help get your business on track:
We help file your tax return(s), so you can:
Having up to date books will give you the information you need to make good decisions in your business.
For more information, see our bookkeeping services and our tax return services.
Set up your free consultation by contacting Ina today. Email ina@handsonbooks.ca or phone 604 314-8395.
Engaging a bookkeeper sooner, rather than later, can help you avoid pitfalls in registering your business, paying your taxes and keeping your records up to date.
Avoid costly mistakes (like penalties and interest due to errors or late filing) by getting your books set up properly in the beginning. A good bookkeeper can help you with the following 7 things you need to consider when starting a business.
What is your plan for your business? Do you have partners? Do you need a corporation? [Read more…]
You need to have your banker onboard, helping to financial these projects.
The key to making informed decisions on projects that strengthen your business begins with developing a detailed business project plan; you are unlikely to receive a loan without one.
At Hands On Accounting, we help you understand your business bank accounts, determine whether you are meeting your financial obligations, [Read more…]