Meals and Entertainment Deductions Explained
We guide you through what you can claim and how to avoid trouble with the CRA related to Meals and entertainment deductions in your business. CONTENTS 1. When Can You Deduct Meals and Entertainment Expenses? General Deduction Criteria The golden rule here is that you can deduct expenses for meals and entertainment when they’re incurred […]
How does outsourced bookkeeping offer a complete package for tax compliance and account management?
Outsourcing the bookkeeping function is not limited to accounting tasks alone. You can seek several other additional financial solutions for your business with the outsourcing model. One such example of a financial solution is compliance management, which can help you manage your firm’s accounting, taxation, and notice-handling jobs. Needless to mention, tasks such as tax […]
The Business benefit of hiring remote bookkeeping services for your CPA Firm
Emerging from the devastation of a pandemic, accounting firms stand at the zenith of a healing ecosystem, where they are vying to offer the best services to their clients. However, the concept of remote working has imposed newer expectations within which businesses must operate and deliver the same results. Where do CPA firms stand after […]