Tips & FAQ

Why Use Tax & Accounting Services For Your Business?

Most people don’t like doing paperwork, and you are probably no exception.  Whatever activity you enjoy in your business, whether it be dealing with customers,  or planning that new marketing campaign, by having Tax & Accounting do the paperwork,  you have more time to do those activities you do like.

How can we increase your sales? Easy! By letting us handle the paperwork you have more time for your current customers and more time to acquire new ones. With more time to spend getting and keeping your customers, you will increase your sales. What better way to spend your time than with your customers rather than the drudgery of paperwork.

Here’s the rub: you need to do the books and paperwork but the more time you spend on this the fewer sales you make. You have to look at what it costs for you to do the books compared to letting someone like us. You will find in the long run that it is better to let someone else handle the paperwork and let yourself concentrate on getting sales.

By having up-to-date bookkeeping and other records, you know how your business is doing, and you can gauge where your business is going. This way you don’t make the mistake of stumbling around in the dark as so many other small and homebred business people have done. When armed with the right information, you can make much better decisions on the direction your business should take, and be able to follow any trends that may come up.

With timely invoicing and ageing reports you will collect receipts faster, and keep better track of those who take too long to pay (thereby, perhaps, stopping a bad situation before it becomes bad). On the other hand, with timely payments, you get those discounts and keep your payables under control. You know what and where you are spending your money. Perhaps, reducing expenses that are out of control or seeing that you may not spend enough on certain things that may increase sales.

You know dealing with the government is part of the business. By using our services you can ensure your GST/PST/WCB returns and source deductions are filed and paid on time. No more intrusions into your bank account because you forgot to pay.

You need to file your income taxes every year, and each year your accountant needs certain information. If he has to compile it then it can cost you quite a bit. However, if your books are in order for your accountant, he has less work to do, and for you, that means a smaller bill from him.

Canada Revenue Agency allows you to deduct an expense if it is incurred to operate your business and the expense is reasonable. All of our services, except resume preparation, are deductible for tax purposes.

Knowing the details are being handled, become stress-free knowing that the paperwork is done, the forms are filed, and you have the information you need to conduct your business.