Types of Bookkeeping Services

Types of Virtual Bookkeeping Services That Can Transform Your Business’ Financial Management When setting up your financial systems, it is vital to know what kind of bookkeeping services you need. Our team of professional bookkeepers understand just how important accurate and organized financial records are for your business. We’ve broken down the various types of […]

A CPA Guide to Financial Statements

Demystifying Financial Statements: A Guide by Your Trusted CPA Accounting Firm Being able to understand financial statements is vital when making informed financial decisions that affect your business. Accurate financial statements provide an understanding of your organization’s financial health. They also provide insights into your profitability, liquidity, and overall financial performance. Continue reading our guide […]

Benefits of Cloud Accounting

Unlocking Efficiency and Flexibility: The Benefits of Working with a Cloud Accounting Firm With the changes to digital accounting technologies from traditional methods, working with a cloud accounting firm has become easier than ever. This style of working with an accounting firm remotely lets your business gain a competitive edge in its accounting processes. When […]

Filing Taxes as a Sole Proprietor

Simplifying Taxation for Sole Proprietors in Canada: A Comprehensive Guide An unincorporated business owned by a single individual is a sole proprietorship. The sole proprietor has a very simple business structure compared to partnerships and corporations. Sole proprietors are liable for all the business risks and can effect your personal property and assets. They are […]

The Business Partnership Structure

Running a Partnership Business in Canada When setting up a business, there are three main structures that can be used. These include a business partnership, sole proprietorship, and a corporation. A partnership involves a relationship or association between two or more individuals, corporations, trusts, or partnerships that have joined together to carry on business or […]