Cheap Accounting

FEBRUARY 4, 2022

Some times accountancy data can be lost. They say that “a reasonable excuse is something that stopped you meeting a tax obligation that you took reasonable care to meet”. The first step in your recovery plan will be to establish a clean starting point – the last date at which you have your accounting data available.

Account 52

Account accountant accounted corporation tax 52

Ronika Khanna CPA,CA

NOVEMBER 18, 2022

Maintain all your incorporation documentation, either physically in a file folder or scan it to accounting/corporate folder on your computer. This will be very useful when you are asked for your corporate documentation, business numbers etc. For many small corporations, not much needs to be done, from a tax perspective.

payroll 52

payroll accounting and finance Tax accounting system 52

Ronika Khanna CPA,CA

FEBRUARY 23, 2023

Probably the most popular question posed to accountants and tax preparers (especially around this time of year) is “what types of expenses are deductible?”. Automobile Expenses including lease costs, interest on financing, repairs, gas and rental of vehicles for business purposes are deductible but are subject to specific rules.

Tax 52

Tax tax return business tax income tax 52