Category: Technology

Enhancing Cryptocurrency Security: Recommended Hardware Wallets for 2023

08/02/202308/02/2023 TaxDeep No Comments

Cryptocurrencies have become increasingly important as an asset allocation, with their confidentiality and security being both advantages and disadvantages, as there have been numerous cases of cryptocurrency loss. So, how can we enhance the security of cryptocurrency assets? The solution is quite simple: choose a hardware wallet that suits you, and offline cold storage of…

Technology

How to cancel Quickbooks

10/22/202210/22/2022 TaxDeep No Comments

Quickbooks, developed and owned by Intuit, is one of the most popular small business accounting apps available. We also recommend this software before. Millions of small businesses use Quickbooks in across the US and Canada, but that doesn’t mean they’re all happy. In fact, quite a few have already cancelled. And if you’re thinking similar…

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Bookkeeping, Technology

Keep your workspace safe: Free COVID19 self-test kits

01/19/202202/21/2022 TaxDeep No Comments

The federal government officially launched the website for Canadian business to order free COVID test kits. The organisation with 10 more employees eligible to apply it. COVID-19 rapid testing and screening in workplaces: Get free rapid tests There is two way to order COVID 19 self-test kits: If your organization has employees over 200, you could…

History, Technology

How to Pay Yourself from Your Corporation: Salary Vs. Dividends

06/10/202002/18/2022 TaxDeep 3 Comments

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…

Technology

8 Cryptocurrency Bookkeeping Tips for Bookkeepers

06/10/202001/16/2022 TaxDeep No Comments

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…

Business, Technology

Akaunting.com -another choice for bookkeeping

06/10/202003/31/2022 TaxDeep No Comments

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…

Technology

How to Download and Use ERPNext on VirtualBox: A Step-by-Step Guide

06/10/202005/25/2023 TaxDeep No Comments

Learn how to download and run ERPNext on VirtualBox by importing an .ova file. Access the site with ERPNext installed and follow the upgrade steps.

Bookkeeping, Technology

When you need a Canadian Tax Lawyer instead of Accountant

06/10/202003/18/2022 TaxDeep No Comments

May be you are in the trouble with CRA, and you want to fight with CRA, and take your money back. Who is the right person you need to talk? Or you want to take places to setup offshore company, to protect your property, do you think a tax lawyer or Accountant you need to…

Technology

Wise Business Bank Account Review for Canadian Corporation

06/10/202003/31/2022 TaxDeep 1 Comment

Wise Business Bank Account: What You Need to Know Choosing a business bank account is one of the first and most important decisions that you’ll make in regard to your finances. Not only will a business bank account help you separate your business finances from your personal finances, but you’ll also use this account to store and…

Technology

How to handle every TECHNOLOGY challenge with ease using these

06/10/2020 TaxDeep No Comments

A steam turbine with the case opened. Such turbines produce most of the electricity used today. Electricity consumption and living standards are highly correlated. Electrification is believed to be the most important engineering achievement of the 20th century. Technology (“science of craft”, from Greek τέχνη, techne, “art, skill, cunning of hand”; and -λογία, -logia) is…

Technology