Accounting Plus Financial Services Inc.

  Using accounting software and making tax payments promptly can improve your financial reporting. Read on to find out three innovative strategies you can use. It’s no secret that the pandemic has evolved consumer behaviour  as more people have started buying products on physical and online platforms. While this is a positive sign for sales departments, it can become a nightmare for your accounting department to track every transaction. Bookkeeping and tax filing  have become challenging in Canada and firms with an inexperienced accounting department are struggling to create staunch financial reports. Let's find out how you can take your accounting department to the next level. Conduct Timely Reconciliation You can reconcile your account payables and receivables at the end of the financial year, but is it worth it? We don’t think so! Reconciling every transaction at the end can make the whole process challenging and can lead to errors. We recommend you conduct a monthly ...

  There’s no doubt that tax evasion  is a crime in Canada. Even though tax evasion can lead to massive fines and jail time, twenty percent of Canadians  are still ready to risk it all. If you don’t want to waste your hard-earned money, you should pay your taxes as soon as possible. Filing taxes isn’t as easy as it looks, especially if you don’t have the technical knowledge needed. We recommend you hire a tax accountant who can file your personal and corporate taxes in no time. Continue reading this article to learn about three factors you should consider before choosing a tax accountant. Can The Accountant Assist In Minimizing Tax Payments? Everyone wants to minimize their tax payments, but using tax refund tricks isn’t easy. We suggest you hire tax accountants who are aware of all tax-related tips and tricks and can decrease your tax bill in 2022. Has The Accountant Worked On Similar Clients? It’s no secret that Canada has complex tax laws and filing your taxes can be tr...