Being a small business owner is an exciting role as there are numerous avenues of business to explore and experience. Right from operations to marketing and resource management, there are several aspects to cater to. However, when it comes to business accounts and tax preparation, it’s best if you leave these tasks to the experts. This is especially true when your company needs to meet the requirements of external parties, like investors and shareholders.
As a small and medium business accountant, we can help you figure out the best way to use your assets for the most beneficial financial advantage. However, we often have to deal with small businesses who have hired bookkeepers who have not done a professional job, resulting in faulty tax returns and being flagged by the Canada Revenue Agency (CRA).