Add Value to your Business with an Accountant in Edmonton

“A genius is one who can work without any supervision”

—– They say

Really ??? Not everybody is a genius! We all need assistance. “A genius is one who takes calculated risks with good vision”

—– We say

Business owners often question, do I really need an accountant? In order to stay on top of their business, yes they do. An accountant can give business owners the time they need to concentrate on the important stuff that keeps their business afloat. Preparing their product or service for the public, marketing it, and selling it, is the important stuff.

When to Opt for an accountant?

Can you do the books yourself? Yes, but why? Delegate, and leave your finances and bookkeeping to an accountant to relieve your stress. The accountant can assist you with budgeting ideas and help you tax plan to grow your profits. Accountants are trained to help you keep your finances on track.

How it helps? / Is it Cost effective?

Accountants add value to your business. They can assist you with ensuring there are accounting controls in place, setting up procedures to follow to ensure all income and expenses are captured, planning and budgeting for growth or expansion, as well as numerous other activities to help your business succeed and grow. An accountant can also help you decide on the best accounting or bookkeeping program for your business. There are many bookkeeping programs in the marketplace, but which is best suited to your needs? Let an accountant help you.

Here are some simple ways an Accountant can help:

  1. Communication:
    The first key for any successful relationship to work out is communication. The Client- Accountant Relationship is no different. Feeling comfortable with the accountant you choose allows you the freedom to ask questions that will help the accountant guide you and provide you with the knowledge to succeed. A great accountant will help you understand your finances and allow you to discuss any concerns you might have about them.
  2. Services:
    The role of the accountant is to provide business owners with the knowledge they need to properly manage the financial side of their business. Most business owners do not have the time to research tax saving opportunities or for the day to day posting of sales and expenses of their business. That is where the accountant comes in.
    Accountants are trained to provide you with the expertise you need. They can answer your questions about tax savings and deductions specific to your needs. Your year end and the subsequent tax bill will be less stressful when you avail yourself of the services of an accountant.
  3. Business expansion:
    With the right groundwork, you can grow your small startup business into an empire. Planning is essential. An accountant can provide you with budgets and forecasts to help grow your business. When planning an expansion, the knowledge provided from budgets and forecasts can show you common pitfalls and further your knowledge of what is required to grow your empire.

So, help yourself and maximize your business success – see Tindill & Company, a great accountant Firm in Edmonton today.

Important Tax Tips For Small Business Owners in Edmonton, Canada

It’s been a busy year as a small business owner, now it’s time to turn your attention towards your small business’s income tax filing requirements. Small business owners in Canada are required to file an annual income tax returns with Canada Revenue every year whether they are profitable or not. Here are some tips on how to avoid making costly errors and falling under the CRA radar.

  • Find an accountant
  • Determine your income tax due date
  • Take advantage of tax deductions available to your business
  • Determine non-taxable benefits from employee wages and benefits
  • Ensure you don’t miss your income tax return deadlines
  • Stay on top of your record-keeping
Important Tax Tips For Small Business Owners in Edmonton (Canada)

The above article is for reference only. Every taxpayer’s situation is unique and offers various opportunities for tax savings and strategies. Feel free to Contact us for no-obligation evaluation and no-charge initial 30 minute consultation. 

Options to Hire the Best Tax Accountants in Edmonton

A tax accountant is a professional who can prepare income tax returns for individuals and companies. All companies and individuals are required to complete their taxes every year, and a tax accountant can prepare them for you.If you are a resident of Edmonton and thinking “where will I get an Edmonton tax accountants near me” then the information below is for you.

Picking the Right Tax Accountant

  • The tax accountant you pick should be familiar with the tax laws as set by Canada Revenue. He or she should have adequate training to prepare an accurate tax return. To find a tax accountant, check your neighborhood business directory or ask friends and family for suggestions. You can also search the internet for an “Edmonton tax accountant near me”.

  • Take your time finding the correct tax accountant for your requirements. While picking a tax accountant, you will need to ask questions. Ask what credentials or designations he/she has and how long have they been in A Chartered Professional Accountant has the necessary education and skills to assist you. They are required to keep up-to-date and knowledgeable about changes to the income tax act and under professional rules of conduct must act in an ethical manner.
  • You want to make sure you are charged a fair price for the work being done. Ask for a quote up front so you know what the charge will be. Avoid someone who will not give you a quote on the cost.

Watch out for a tax accountant who promises you a large refund. Some less ethical tax accountants will make promises of larger refunds than you’re owed, or quote a larger refund without preparing a return from your documents.

FINANCIAL PLANNING

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Capitalise on low hanging fruit to identify a ballp ark value added activity to beta test. Override the digital divide with additional clickthroughs from DevOps. Nanotechnology immersion.

Capitalise on low hanging fruit to identify a ballp ark value added activity to beta test. Override the digital divide with additional clickthroughs from DevOps. Nanotechnology immersion.

Capitalise on low hanging fruit to identify a ballp ark value added activity to beta test. Override the digital divide with additional clickthroughs from DevOps. Nanotechnology immersion.
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