Taxory | Small Business Accounting Blog
114 FOLLOWERS
Taxory is an accounting firm founded by a professional accountant Anna Grigoryan, who has more than ten years of experience. It is a Mississauga-based accounting firm that provides accounting, bookkeeping, and taxation services to small business owners. Check out our blog to stay up to date with the latest news and learn more about accounting for small businesses.
Taxory | Small Business Accounting Blog
3y ago
As a small business owner, you are probably wondering, “Can I prepare and file my corporate taxes in Canada?” Does it make sense to hire an accountant, or is filing your corporate tax return an easy task? In short, YES, you can prepare your corporate tax return, and file it with the CRA. There is ..read more
Taxory | Small Business Accounting Blog
3y ago
Taxory | Small Business Accounting Blog
3y ago
When you change an accountant or just opened a new company and subscribed to QuickBooks Online you may need to add an accountant to your Quickbooks Online. That will provide your accountant with access to all your invoices, expenses and other information, and the best way to provide such access is to use the “Accounting ..read more
Taxory | Small Business Accounting Blog
3y ago
When running a small business, it is essential to know all the CRA deadlines, such as Corporate tax deadline, HST deadline, and Payroll remittance deadline. CRA may apply costly interest and penalty to the owing amount when you miss the payment deadline, so it is crucial to stay on top of all deadlines or hire ..read more
Taxory | Small Business Accounting Blog
3y ago
Did you know that there are 1.15 million small businesses in Canada as of 2020?Suppose you are the business owner of one of these 1.15 million small businesses. In that case, you likely already understand that one of the most vital things that you should practice as a business owner is bookkeeping. Having good financial ..read more
Taxory | Small Business Accounting Blog
3y ago
CRA extended tax and installments payment due date for corporate, trusts, and individual income tax returns. The previous extension date was September 1, but the new date is September 30, 2020. Penalties and interest The interest will not be charged on existing debts for tax returns from April 1, 2020, to September 30, 2020. For ..read more
Taxory | Small Business Accounting Blog
3y ago
Are you doing some tax planning or starting your own business? Whether you are a Canadian resident or a recent newcomer, educating yourself about the income tax rates in Canada is very important in both your personal and professional lives. If you are an independent consultant, you need to know how much to set aside ..read more
Taxory | Small Business Accounting Blog
3y ago
Nowadays, 4k monitors are something common, which most people use on their laptops or desktops. And while most of the companies are doing a good job adapting their software for high DPI monitors, the Intuit ProFile lack such support. If you install ProFile to a computer with a UHD screen, for example, the Dell XPS ..read more
Taxory | Small Business Accounting Blog
3y ago
Every year all Canadian residents have to put some time aside to prepare their taxes. For somebody who lives in Canada for many years, it is no longer a question, “how hard to file your taxes in Canada?” they already did it several times. But for somebody who never did it before and not familiar ..read more
Taxory | Small Business Accounting Blog
3y ago
It is five more days left until April 30, the regular deadline for the personal tax return, but this year there are several changes due to the COVID-19 situation. Income tax filing and payment dates The 2019 tax return deadline was changed this year due to COVID 19 pandemic, and the new filing date for ..read more