Tax season, a period that often evokes stress and uncertainty, is an inevitable part of the financial calendar for individuals and businesses alike. As Montreal accountants and bookkeepers, we recognize the crucial role that bookkeeping plays in ensuring a seamless and successful tax filing process. In this blog, we delve into the world of bookkeeping for tax preparation, highlighting the significance of organized financial records and strategic planning.
 

In the bustling landscape of Montreal's small businesses, the juggle between managing core operations and maintaining accurate financial records can be overwhelming. As experienced Montreal accountants and bookkeepers, we recognize the unique challenges that small businesses face in balancing growth and financial stability. In this blog, we explore the transformative advantages of outsourcing accounting services, unlocking the potential for streamlined operations and strategic decision-making.
 

When it comes to ensuring the financial health of your business, few things are as crucial as tax planning. The decisions you make in this area can have a significant impact on your bottom line. As experienced Montreal accountants and bookkeepers, we understand the complexities involved in financial statement review and auditing. Our commitment to accuracy, compliance, and transparency empowers businesses to navigate the challenges of financial reporting with confidence.

In today's fast-paced business landscape, the power of a thriving workforce is unparalleled. Companies in Montreal, like yours, strive to attract and retain top talent, and one vital element in achieving this goal is the harmonious connection between payroll and benefits. In this comprehensive guide, we explore the intricate relationship between these two aspects of employee management and shed light on why it's crucial for your organization's success.

In today's dynamic business world, the accuracy and reliability of financial statements hold immense significance for both businesses and stakeholders. As Montreal accountants and bookkeepers, we understand that financial statements are the lifeblood of any organization, serving as a comprehensive snapshot of its financial health. However, with increasing regulatory complexities and evolving accounting standards, the task of reviewing and auditing these statements has become more intricate than ever before. In this blog, we delve into the realm of financial statement review and auditing, exploring the best practices that ensure accuracy, compliance, and transparency.

Accounting Montreal wishes you and your family a happy and safe holiday season and all the best for the New Year 2023!

Do you want to reduce your income tax bill? At Accounting Montreal, we offer the best solution to get the best financial advice. When it comes to Personal Tax Planning, our objective is to ensure that you receive personalized tax planning services tailored to your unique financial needs. Using our experience, professional accounting knowledge, judgment, and financial skills, we will help you save on taxes, accomplish your financial goals, and preserve your standard of living while respecting the Income Tax Act.

Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/

Article Written By: Staff, Canadian Press 

Original Article Posted on: 27th May 2021

Link to Original Article: https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/

Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/

Article Written By: Jamie Golombek 

Original Article Posted on: 11th May 2021

Link to Original Article: https://www.advisor.ca/tax/tax-news/instalment-payments-for-clients-who-owe-taxes/

Original Article Source Credits: Chartered Professional Accountants Canada, https://www.cpacanada.ca/

Article Written By: Margaret Craig-Bourdin

Original Article Posted on: 7th June 2021

Link to Original Article: https://www.cpacanada.ca/en/news/canada/2021-06-07-financial-plan

Original Article Source Credits: Yahoo! Finance, https://ca.finance.yahoo.com/

Article Written By: Christopher Liew 

Original Article Posted on: 15th June 2021

Link to Original Article: https://ca.finance.yahoo.com/news/live-canada-earn-2-000-200024809.html

Original Article Source Credits:   Taxtips , https://www.taxtips.ca/

Article Written By:  NA

Original Article Posted on:  May 20, 2021

Link to Original Article:  https://www.taxtips.ca/glossary/smallbusinessdeduction.htm

Original Article Source Credits:   Newswire , https://www.newswire.ca/

Article Written By:  NA

Original Article Posted on:  May 20, 2021 

Link to Original Article:  https://www.newswire.ca/news-releases/tax-tip-how-to-change-your-income-tax-return-after-you-file-it-881373014.html

Original Article Source Credits:   Government Of Canada , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2019-02-12

Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partnerships/business-records.html

Original Article Source Credits:   CPA CANADA, https://www.cpacanada.ca/

Article Written By:  MICHELLE SINGERMAN

Original Article Posted on:  5.17.2021

Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-05-17-small-biz-setup

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  April 20, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/cra-tax-relief-3-useful-171533344.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff

Original Article Posted on:  April 7, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed/

Original Article Source Credits:   CTV News , https://www.ctvnews.ca/

Article Written By:  Cameron French

Original Article Posted on:   April 19, 2021

Link to Original Article:  https://www.ctvnews.ca/canada/filing-2020-taxes-late-could-lead-to-months-of-delays-for-covid-19-financial-aid-says-cra-1.5392960

Filling out your tax returns and maintaining tax records can be daunting as the process is complicated. The laws regarding taxes are also constantly changing as they are adjusted each year, making it difficult for taxpayers like you to determine which ones apply to you. You might also end up making mistakes that could lead to hefty fines from the IRS. In some cases, by the time you have your taxes figured out, you may be running too close to the deadline and have to wait even longer for your returns.

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Adam Othman

Original Article Posted on:  April 20, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-don-t-123308921.html