Maintaining the smooth and efficient operation of your finance and accounting departments, even during peak seasons, is a common challenge for businesses.
Accounting departments are often lean units in many companies, with members subjected to constant stress and tight deadlines, and meeting deadlines requires team bonding and effective team management.
To start any business, you need a license or registration from an authorized department. Starting and maintaining a business can be difficult. Here we get acquainted with 3 types of company registries, the process of its registration, and how to obtain a license.
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.
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.
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.
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.
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.