Accounting Service

We are fast closing into the second month of the New Year– and the tax season is in full swing. That implies that hundreds of small business owners and self-employed Canadians struggle to wrap their heads around filing their taxes. If you too happen to be in the same boat, you've got two choices:  Do it yourself— either through a spreadsheet or using a small business accounting software suite; or  Hire a Small Business Bookkeeper  Each of them has pros and cons. Have a good look at both of them before taking a call: Following DIY approach.  The key benefit of doing your taxes yourself is saved expense: you get to save money on accountants; payments in the immediate term.  The most fundamental approach is to use a simple spreadsheet to track incoming cash flow and expenses. But almost every business with any success quickly exits this strategy.   If you're not yet willing to hire a business accountant in Toronto to help, investing in a high- quality sma...