Bookkeeping is a critical aspect of managing a small business. As the backbone of the global economy, small businesses rely on proper bookkeeping to thrive. Despite this, many small business owners tend to overlook its importance, focusing instead on daily challenges. However, bookkeeping is an essential component of any successful small business. It involves the systematic recording and organizing of financial transactions, which is crucial for making informed business decisions.

For businesses, taxes can be a major cost and a complex undertaking to handle. However, chartered accountants are available to offer their expertise. These financial professionals possess extensive knowledge and experience in tax planning and can assist businesses in maximizing their tax savings. By utilizing their specialized knowledge, businesses can reduce their tax liabilities and retain a larger portion of their earnings.

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  June 15, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/live-canada-earn-2-000-200024809.html

Original Article Source Credits:   Chron , https://smallbusiness.chron.com/

Article Written By:  Shanika Chapman

Original Article Posted on:  NA

Link to Original Article:  https://smallbusiness.chron.com/business-cash-flow-43162.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff, Canadian Press

Original Article Posted on:  May 27, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/

Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:  Andrew Beattie 

Original Article Posted on:  May 6, 2021

Link to Original Article:  https://www.investopedia.com/articles/pf/07/canadian_tax.asp

Original Article Source Credits: Advisor's Edge, https://www.advisor.ca

Article Written By: Staff

Original Article Posted on: April 7, 2021

Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed

Choosing a good accountant can save you a substantial amount of money every year on taxes, help you be compliant with Canada Revenue Agency (CRA) guidelines, and save you many hassles when dealing with CRA audits. But, to avail of their services, you need to pay them a fee, which in some cases can cancel out the financial savings accountants provide. The fees charged for accounting services can range from $800 to $25000 depending on the services required.

Original Article Source Credits: CISION, https://www.newswire.ca

Article Written By: NA

Original Article Posted on: Apr 14, 2021

Link to Original Article: https://www.newswire.ca/news-releases/tax-tip-there-is-still-time-to-file-your-taxes-by-april-30th-2021-813839215.html

Original Article Source Credits:    The Globe and Mail , https://www.theglobeandmail.com/

Article Written By:  EVELYN JACKS

Original Article Posted on:   MARCH 16, 2021

Link to Original Article:  https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-how-to-get-through-a-more-challenging-tax-season/

Preparing for your tax appointment takes quite a bit of time and effort. Moreover, as a business owner, you need to juggle between regular business responsibilities and tax responsibilities which can be challenging to manage together. At Taxxlution Accounting Professionals, we understand that gathering all your documents, preparing your accounts, and filing your taxes on your own can be quite difficult. Not to mention, tax preparation can be viewed as stressful because the information you put together impacts how much you owe the government. Knowing what to expect and taking the time to retrieve all necessary documentation will allow you to handle your taxes quickly and easily.

Original Article Source Credits:   Young And Thrifty , https://youngandthrifty.ca/

Article Written By:  Robb Engen

Original Article Posted on:  March 4, 2021

Link to Original Article:  https://youngandthrifty.ca/how-to-get-more-money-back-from-your-tax-return/

Original Article Source Credits:   Greedyrates , https://www.greedyrates.ca/

Article Written By:  Sean Cooper

Original Article Posted on:  March 8, 2021

Link to Original Article:  https://www.greedyrates.ca/blog/tax-changes-canadians-need-to-know-about/

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Puja Tayal 

Original Article Posted on:  March 16, 2021

Link to Original Article:  https://www.fool.ca/2021/03/16/canada-revenue-agency-3-prerequisites-to-filing-2020-income-tax-returns/

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Adam Othman 

Original Article Posted on:   January 27, 2021

Link to Original Article:  https://www.fool.ca/2021/01/27/cra-emergency-payments-2-helpful-benefits-you-can-get-in-2021/

The COVID-19 social distancing protocols have forced us to significantly change our lifestyles, which has affected the economy. Therefore, many industries have moved their operations online, using useful tools to communicate with customers.

Original Article Source Credits:   CTV NEWS , https://toronto.ctvnews.ca/

Article Written By:  Pat Foran

Original Article Posted on:  February 9, 2021 

Link to Original Article:  https://toronto.ctvnews.ca/what-you-need-before-filing-your-2020-tax-return-to-save-the-most-money-1.5302218

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Puja Tayal 

Original Article Posted on:  February 15, 2021

Link to Original Article:  https://www.fool.ca/2021/02/15/canada-revenue-agency-big-changes-coming-to-your-2021-income-tax-bracket/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rudy Mezzetta

Original Article Posted on:   January 6, 2020

Link to Original Article:  https://www.advisor.ca/news/industry-news/tfsa-assets-rise-8-year-over-year/

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Christopher Liew

Original Article Posted on:  January 9, 2021 

Link to Original Article:  https://www.fool.ca/2021/01/09/canada-revenue-agency-1-important-change-to-watch-in-2021/