How This New Accounting Trend Could Help You
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.
One sector that is making a smooth transition online is the accounting business, as the filing of taxes and bookkeeping process can now be carried out virtually.
As a result, sending and receiving information has been made easier, and clients can view reports on the cloud in real-time. Clients are also happy that they don’t have to lug around their bookkeeping boxes anymore as everything is conveniently available on their cell phones.
Consequently, the virtual accounting trend has been proliferating, and with new technology advancements, it’s saving everyone time and money. It’s also helping clients to find economical accountants on the internet.
However, with the financial data exchanged between client and accountant considered highly sensitive, many people are lacking the confidence to interact with someone that they’ve not met in person. It means that thorough due diligence needs to get carried out.
While it’s now possible to hire an accountant anywhere globally, it’s essential to find someone within your own country as they should be familiar with the law compliance of the local jurisdiction.
We have been serving clients throughout Canada for many years, and our team has extensive expertise in dealing with Canadian tax and accounting legislation.
So if you need assistance with your books, get in touch with the experts at Taxxlution Accounting Professionals in Edmonton, AB today. We are a boutique accounting and bookkeeping firm that offers prudent services.
Our services include GST/ HST returns, bookkeeping, corporate taxes, personal taxes, and payroll services. We also help clients set up new businesses.
We serve clients across Edmonton, St. Albert, Sherwood Park, Nisku, Leduc, Devon, Namao, Beaumont, Woodbend, Acheson, Alberta, and other provinces.