by profinancedb | May 21, 2023 | Bookkeeper
Running a successful business requires careful attention to various aspects of operations, and one crucial area that can significantly impact a company’s success is bookkeeping. Accurate bookkeeping plays a vital role in maintaining the financial health and...
by profinancedb | Apr 26, 2023 | Accountant
Startup founders are frequently excellent multitaskers. However, managing funds may quickly become stressful. Even the smallest inaccuracies in financial records can give rise to headaches. Therefore, they have to hire accountant for small business. A certified public...
by profinancedb | Mar 14, 2023 | Taxes
Paying taxes is one of the top duties of every responsible business owner. However, the laws governing taxes are so complicated that they can be hard to understand without assistance. In the absence of the right knowledge, you can end up paying more than you have to....
by profinancedb | Aug 24, 2022 | Bookkeeper
How Reliable Bookkeeper Can Help Grow Your Agency A bookkeeping service keeps the records of the regular financial transactions of a business that includes earnings, expenses, investment and revenue, purchase, sales etc which helps entrepreneurs to make smart business...
by profinancedb | Jul 13, 2022 | Taxes
If you have to fill out a TD1 Form, then we are going to explain the exact process for it right here. What is a TD1 Form? TD1 form is a form that is used to calculate one’s federal and provincial personal tax credits. There are two main reasons for filing form TD1:...
by profinancedb | Jun 14, 2022 | Bookkeeper
Since the time you started your business and collected your first paycheck, your advisors and associates might have suggested a bookkeeping service. The bookkeeping services help keep the company’s finances and books on track. If you have ignored bookkeeping...
by profinancedb | May 13, 2022 | Taxes
The Canada Child Benefit (CCB) is a government program that assists Canadian families with child-rearing expenses. It was launched in July 2016 to replace the Universal Child Care Benefit and is administered by the Canada Revenue Agency (CRA) (UCCB). The CCB pays...
by profinancedb | Apr 18, 2022 | Accountant, Bookkeeper
No matter what your industry or your organization’s design, accounting and bookkeeping experts are essential to the strength of your business. And keeping in mind that the terms are frequently utilized alternatively, there is an incredible distinction among...
by profinancedb | Feb 8, 2022 | Financial, Taxes
The Goods and Services Tax (GST) / Harmonized Sales Tax (HST) is a value-added tax that became effective in Canada on January 1, 1991, and which substituted the then existing 13.5% Federal Sales Tax, a hidden tax on consumer products. GST/HST is imposed under Part IX...
by profinancedb | Jan 18, 2022 | Taxes
After the time of cheer comes the dreadful tax filing season 2022. The general tax filing deadline date is April 30th each year, but this year the date falls on Saturday so the date is extended up to the next business day. For self-employed Canadians with a spouse or...