The majority of small businesses are affected by the pandemic, but the road to recovery is a long one. They have now started their business as usual, but they lack the necessary funds to get started. Yes, the federal government of Canada aided businesses from the start of the pandemic, but the programs now have expiration dates. The most pressing question before us is whether small businesses will survive in the next 5-10 years.
Continue readingCloud Accounting
Cloud accounting has its own set of advantages and disadvantages, which vary depending on the user. If you want to operate from anywhere and have access to your data, cloud accounting software is the way to go. As the world becomes more digitized and reliant on technology, the future of cloud accounting is rapidly approaching, with everyone appreciating cloud accounting.
Continue readingAn Engagement letter for accounting firms
An engagement letter is an essential component of all client relationships, particularly for accounting firms that provide professional services to clients. Every business transaction that takes place between clients and firms is critical.
Continue readingAI in Accounting and Financing Industry
Artificial intelligence (AI) has transformed every industry and has had a significant impact on the world. Artificial intelligence does everything from saving time to increasing efficiency to automating business in a single step. The most appealing business model in the nearest future.
Continue readingTution Tax Credit For Students
Students pay fees to educational institutions for the entire year, and they receive a benefit at the time of tax payment, which is known as a tution tax credit.
Continue readingAre You Updated With Changes In T2- Corporate Income Tax Return?
Thank you for your support and enthusiasm for the previous article on what’s new and different in the T1 income tax return. Now we’re back with another hot topic: what new changes have been made to a corporation’s tax return.
Continue readingWhat’s New for 2021 T1 Tax returns?
As practicing CPAs, we need to be updated with the changes made by either government or CRA towards businesses. We have to be very active as our one mistake can make millions of dollars loss for the client. Let’s understand what CRA changes in 2021’s T1 return filling program.
Here we mention some changes to keep in mind for the busy tax season.
5 New Year’s Resolutions Just for Accountants
Are you an accountant? If so, it’s time to gear up for 2022 by setting some just-for-accountants New Year’s resolutions. Read on to find out the most important resolutions accountants should have this year!
Continue readingTips on Retirement Planning
Retirement planning is necessary to fulfill the post-retirement expenses which include expected and unexpected expenses and incomes that can affect the life balances. With the proper retirement planning, you can fulfill all your dreams post-retirement which can match the inflation rate and other things. There are 5 key points and you have to make sure that you never miss out.
Continue readingJob Interview Tips
Do you know how to make your case to an interviewer? Follow these 10 interview tips to boost your chances of landing the job.
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