For most business owners, bookkeeping is probably their least favorite task. However, if you’re running a small business, you have to make sure you stay focused on accounting. If you don’t manage debt, receivables, and marketing expenses accurately, your company will sink before it grows.
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Five Tips for Small Businesses For Bookkeeping
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Busted! Don’t Believe These Bookkeeping Myths
Bookkeepers bring in a set of skill to your business that cannot be matched even with the latest technology and accounting software. When using a software, it is possible for you to miss a few digits and commit a costly mistake. Whereas, an experienced bookkeeper will deliver accurate results and also give you a chance to tap into opportune areas that could help expand your business.
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Essential Accounting Terms
Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and accounting is no exception.
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What Our Customers are Saying About Us
At Infinite Accounting Solutions, we’re proud of the work that we do. But, instead of telling you why our customers love us, we’ll let them do the talking! Here’s what some of our customers are saying about us lately:
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Most Common Mistakes People Make By Not Hiring A Bookkeeper
Regardless of the size of a company, bookkeeping is an essential part of a business. However, managing ledgers, journals, financial statements, income tax records, and more could get quite overwhelming for business owners. As they focus on company growth, the practice of bookkeeping is neglected which in return negatively affects businesses.
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Top Five Things To Look For When Hiring A Bookkeeper For Small Businesses
Bookkeeping is an essential part of having a successful business, as it ensures that a firm is aware of its financial reality. This allows the firm to make informed and sound financial decisions at all times.
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What Makes Infinite Accounting Solutions Stand Out
Thanks for stopping by our blog. If you’re looking for more information about Infinite Accounting Solutions, you’ve come to the right place.
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Meet The Face Behind Infinite Accounting Solutions
I’m Stelle Sepidoza, proud owner of Infinite Accounting Solutions.
I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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Announcing The New Website
We are delighted to announce the launch of our new website!
Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.
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New Website Under Construction
New Website Coming Soon!
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Statutory Holidays - Reminder
Please be advised that our services may not be available on the following days:
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Statutory Holidays
Find out all about holidays in this link.
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WorkSafeBC announces 2017 rates
WorkSafeBC announces that the average base rate for 2017 is dropping from 1.70% to 1.65% of employers' assessable payroll.
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Starting a business?
Good at creating revenue but unsure of what else is required to start a business? The Canada Revenue Agency has videos online to assist you with the business process. Click on the link below for more information.
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Self Employment filing due date is fast approaching!
Have you filed your taxes yet?
The filing due date for self employed individuals is June 15, 2013. However, the due date to pay any amounts outstanding is April 30th. Amounts not paid before this date is subject to interest charges.
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Filing Due Dates
Your 2012 personal income tax return must be filed by April 30, 2013.
For self-employed individuals (including spouse/common law partners), your personal income tax return must be filed by June 15, 2013. However, any 2012 balances owing must be paid by April 30, 2013 to avoid a late penalty fee.
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Return to PST
On April 1, 2013, B.C. will return to a provincial sales tax (PST) system.
The PST is a retail sales tax that is payable when a taxable good or service is acquired for personal use or business use, unless a specific exemption applies.
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Phasing out the Penny!!
Creating the penny costs more than its actual value. To save money, the Government of Canada will no longer create new pennies. Current pennies can still be used as currency; however, most businesses will round up or down your receipt to decrease distribution of the penny.
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Introduction Post
Welcome to our blog! Here you will find current information regarding anything accounting - from the HST/PST transition to new tax credits created by Revenue Canada.
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