Jan 21, 2020 | Virtual Accountant
Business owners may find themselves in a lot of trouble if they have not filed their T4 or T5 slips properly, or on time says, virtual accountant. The slips are extremely important because they tell Canada revenue agency how much money an entrepreneur has taken out of...
Jan 21, 2020 | Virtual Accountant
Avoiding an audit is beneficial for all entrepreneurs says, virtual accountant. Audits not only take significant amount of time, money, it could end up costing an entrepreneur more in taxes and interest. Since half of all entrepreneurs end up failing in business, and...
Jan 21, 2020 | Virtual Accountant
Entrepreneurs should learn early on in their business according to virtual accountant how to file their T4 and T5 slips properly, in order to avoid a payroll audit. Payroll audits can cause entrepreneurs to have additional problems because they may be assessed with...
Jan 21, 2020 | Virtual Accountant
It is extremely important that entrepreneurs understand what taxes are due and when says virtual accountant as well as what needs to be filed and when. As Michael Gerber, the author of the E myth has said: ìthe fatal assumption is if you understand the technical work...
Jan 21, 2020 | Virtual Accountant
One of the first things that it is very important for entrepreneurs to learn as a new business owner is a virtual accountant is when and how to file their taxes properly. The reason why, is because when entrepreneurs fail to file their taxes on time, or properly it...
