Hiring an accountant to work alongside his lawyer to structure the deal was a good investment and while the price of hiring professionals to handle the sale was high, It was the best decision he feels.
Here are the top 10 accounting tips that every new entrepreneur should know before beginning their business. Whether you have just opened the online store after years of preparation or you have jumped into wearing the entrepreneur hat, this is a must read.
The culture of tipping at restaurants has been prevalent for a long while, customers tip their servers based on how satisfied they are after that meal.But how do restaurants deal with tips in their taxes? There are actually two ways a restaurant can deal with the tips the staff make.
The role of an accountant has evolved over the years, a couple of decades ago they would only be seen during tax season and disappear after that. Now businesses in Toronto and across Canada, both small and medium, look for much more in an accountant or a bookkeeping company.
It was back in 1980 that the House of Commons debated a legislative rule that has changed Canada’s economy in a big way. The bill ratified a series of treaties dealing with tax between Canada and other countries including Spain, Austria and Italy.
If you and your significant other have shared a home address for 12 months or have a child together then you should prepare and file your taxes together.