Bookkeeping is a vital part of any business, but it can be easy to push aside for more immediate priorities. Customer orders to fill. Clients to meet. Inventory to order. These are things that must be done to keep your business running. Bookkeeping is easy to push to the side. However, delays in managing your […]
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Business owners often make bookkeeping mistakes during the first years of operation. While you may not have the money or the time to study accounting, you can still avoid these common mistakes that can put your company in danger. That’s why we’ve put together a list of five common mistakes business owners make when doing
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The global pandemic has taken the world’s economy by storm by disrupting established deadlines and submissions for tax forms for the previous quarter. The Canada Revenue Agency (CRA) has been working on extending tax form deadlines to ensure that local businesses affected by the pandemic can focus on adjusting their bookkeeping to account for their
Updates on Federal Government Tax in the Face of COVID-19 Read More »
When it comes to running a business, one of the most important things is to keep your business’s finances at all times. This makes sense as the primary goal of many businesses is to generate income and earn a profit. Regularly checking and maintaining the financial health of your company is imperative. This is where
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Whether you’re calculating your own taxes or collaborating with an online accounting firm, you won’t want to overpay by forgetting to claim what you deserve. If you’re overlooking any of these common small business tax deductions, you may be shortchanging yourself. Home-Based Business Expenses If you’re running a home office, you should be entitled to
Tax Deductions for Businesses in Canada – Our Guide Read More »
If you are a business owner, you have probably heard peers, accountants, lawyers, and bankers talk about this thing called a holding company. Lots of them have probably told you “hey – you NEED to setup a holding company! It’s way better.” We get this question from our clients all the time, “should I use
Should I use a holding company? Read More »
Why You Should Outsource Your Payroll During the Pandemic Many companies are struggling to keep afloat right now due to the novel coronavirus outbreak. Business leaders are devising ways to generate revenue without resorting to layoffs. While the federal government has offered relief initiatives like the COVID-19 Economic Response Plan, which provides wage subsidies and
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We’ve been receiving a lot of questions about COVID-19 and what the shut down will mean for business owners. I’m sure you’re tired of hearing about the pandemic but we wanted to share some information you may find useful. The Federal Government has announced an economic response plan to provide support for Canadians and Businesses.
COVID-19 Economic Response Plan Read More »
5 problems solved by online accounting firms An emerging trend in the accounting services industries is the concept of an online accounting firm. Also known as virtual accounting firms, these are accounting services providers that provide their services through the cloud. If you’re considering switching to or using an online accounting firm, this article is
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There are tons of small businesses and start-ups across the country paying people cash under the table. It’s a common thing. The biggest barrier for most is that setting up payroll seems like a daunting task. That’s why we’ve put together a step-by-step guide on how to start paying employees in Canada. If you’d
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Our goal is simple. We want to make top-tier CPA services accessible to startups and small businesses in Atlantic Canada.
50 Eileen Stubbs Ave, Unit 130B
Dartmouth, NS, B3B 0M7
Phone: 1-902-417-1398
Email: info@kindencpa.ca
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