Snyder

DECEMBER 28, 2022

percent of small businesses are getting tax audited. What’s interesting is that the less income you have, the higher the chance of a tax audit. This might be explained by the fact that lots of these taxpayers file for a tax return and claim the earned income tax credit ranging from from $560 to $6,935 in the tax year 2022.

audit 98

audit Tax tax return auditor 98

xendoo

SEPTEMBER 10, 2021

Every small business owner should have access to an accountant. A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes to tax preparation, succession planning, and more. But finding the right accountant is about more than just cost.

online accounting 97

online accounting Account accountant accounted 97

Ronika Khanna CPA,CA

APRIL 14, 2022

Being a small business owner comes with challenges, not the least of which is doing your taxes. While most Canadian taxpayers have relatively simple tax returns that can easily be completed using software, small business owners have the additional burden of reporting details relating to their businesses.

Tax 52

Tax tax return business tax accounting and finance 52

ThomsonReuters

FEBRUARY 8, 2022

A rise in tax regulations, globalization, an influx of innovative technologies, and a greater demand for “always on” access makes it an exciting time for tax and accounting professionals to be in business. One significant trend sweeping the tax profession is the rise of value-added services.

Tax 105

Tax payroll Entertainment bookkeeping 105

xendoo

JUNE 23, 2021

At tax preparation time, you will need to determine whether the standard or actual cost deduction will save you the most money. #2 6 – Meals & Entertainment. If you discussed business before, during, or after the meal, it could be deducted on your tax return. 2 – Office Space.

Real Estate 52

Real Estate Tax Legal tax preparation 52