Tax Services
Clients who own businesses or hold investments may wonder if they should use a holding company to do so. Several factors must be considered here. First, a holding company can be a company that does not produce goods or services but holds shares in the operating company. “The holding company is simply between the business…
If you own a business through a corporation, you can afford to pay your own salary or dividends or both. This article will describe the differences between these two methods and the main advantages and disadvantages of each method. We’ll also see some common scenarios where business owners may choose one method over another. Dividend…
Read More “How to Pay Yourself from Your Corporation: Salary Vs. Dividends” »
Bookkeeping is the cornerstone of any business. You need an organized record of all the transactions that occur within an organization before you can understand the cash flow within your business. It’s why everyone from solo practitioners to nonprofits, to multinational conglomerates, entrust professional CPAs with the vital task of balancing the books. So much…
Read More “8 Cryptocurrency Bookkeeping Tips for Bookkeepers” »
Cryptocurrencies and other digital assets are rapidly becoming mainstream, attracting significant attention not only from individual investors but also from businesses, financial institutions, and governments worldwide. Despite their increasing popularity, the financial reporting and accounting treatment of crypto assets remain difficult to align with traditional accounting frameworks, creating uncertainty for both individuals and corporations. As…
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Choosing a professional bookkeeper in Vancouver can be challenging if you are running a small business. It does not matter how big your company is, but it is essential to record the money flow of your company. With the lack of understanding, many small business owners tend to mess around this. Most of them fail…
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Before you start a new year, please make sure back up your data at begining. Atfer you back up the data, let us gudie you to next step. First, you will need to create a new year in the fiscal calendar. Choose Common Services and then Fiscal Calendar And Then click the croess button. The…
CPBCanada.org have introduced a lot of bookkeeping software before, such as waveapps. I have also compared several existing bookkeeping softwares. Today we are going to introduce another good open source software-aaa What is Akaunting? Akaunting is a free, open source and online accounting software for small businesses and freelancers. From invoicing to expense tracking to…
Web design encompasses many different skills and disciplines in the production and maintenance of websites. The different areas of web design include web graphic design; interface design; authoring, including standardised code and proprietary software; user experience design; and search engine optimization. Often many individuals will work in teams covering different aspects of the design process,…
Ribeye bacon jerky, pork saould you be another small business bookkeeping owner to fill out spreadsheets to keep your records? This is a bit old school. If you’re not too interested in math, and you just know how compelling it is, right? But bookkeepers are signs on your path, they tell you a lot about…
Do you runing an economical website, and Paypal requires you to have a US-domiciled business bank account because that’s they only way they’ll deposit funds electronically from their credit card solution (PayPal Pro for Business) when people purchase products in the US. So what you need are: low cost USD business account domiciled in the US…