As a small business owner, keeping up with your bookkeeping processes can help you be consistent with your financial management and growth. However, as your business expands, keeping up with the bookkeeping processes turns into a tedious and mundane task. Eventually, you give it less importance, start losing focus, and eventually jeopardize the whole accounting process. Moreover, if you don’t catch bookkeeping errors early on, it could hamper the entire business. To help manage your finances accurately and effectively without committing errors, ALL-PRO Business & Bookkeeping Corp. has compiled a list of the most common mistakes people make with bookkeeping that you should avoid.
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Common Bookkeeping Mistakes That Most People Make
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Maximize tax breaks by equalizing joint retirement incomes, experts say
Original Article Source Credits: CPA CANADA , https://www.cpacanada.ca/
Article Written By: SOPHIE NICHOLLS JONES
Original Article Posted on: 5.6.2021
Link to Original Article: https://www.cpacanada.ca/en/news/canada/2021-05-06-couples-retirement-equalizing-incomes
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CRA 2020 Tax Filing: How to Reduce Your Income Tax Bill in 3 Easy Steps
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Puja Tayal
Original Article Posted on: March 15, 2021
Link to Original Article: https://www.fool.ca/2021/03/15/cra-2020-tax-filing-how-to-reduce-your-income-tax-bill-in-3-easy-steps/
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Canada Revenue Agency: How 2021 Income Tax Brackets Will Impact Your Tax Bill
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2021-03-03
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What Is Cloud Accounting and How Can it Benefit Your Business?
Original Article Source Credits: Small Business Trends , https://smallbiztrends.com/
Article Written By: Angela Nadeau
Original Article Posted on: Nov 21, 2018
Link to Original Article: https://smallbiztrends.com/2018/11/what-is-cloud-accounting-and-how-can-it-benefit-your-business.html
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4 Tips for Improving Your Small Business Bookkeeping
Original Article Source Credits: Intuit and QuickBooks , https://quickbooks.intuit.com/
Article Written By: QuickBooks Canada Team
Original Article Posted on: NA
Link to Original Article: https://quickbooks.intuit.com/ca/resources/bookkeeping/ways-improve-small-business-bookkeeping/
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Types of Accounting Errors and How to Prevent Them
Original Article Source Credits: The balance , https://www.thebalance.com/
Article Written By: GLENN TYNDALL
Original Article Posted on: July 11, 2020
Link to Original Article: https://www.thebalance.com/difficult-accounting-error-detection-14081
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Tax brackets: How to prepare and file your Canadian small business taxes
Original Article Source Credits: Intuit and QuickBooks, https://quickbooks.intuit.com/
Article Written By: QuickBooks Canada Team
Original Article Posted on: NA
Link to Original Article: https://quickbooks.intuit.com/ca/resources/taxes/small-business-tax-bracket/
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What Are the Benefits of Cloud Managed Services?
Original Article Source Credits:Business2community , https://www.business2community.com/
Article Written By: Vinod Janapala
Original Article Posted on: August 6, 2020
Link to Original Article: https://www.business2community.com/cloud-computing/what-are-the-benefits-of-cloud-managed-services-02333442
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Latest CRA Update: Tax Deadline Extended Again!
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Adam Othman
Original Article Posted on: August 22, 2020
Link to Original Article: https://ca.finance.yahoo.com/news/latest-cra-tax-deadline-extended-122838443.html
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CANADIANS: 3 New CRA Tax Breaks You Can Claim for 2020!
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Andrew Button
Original Article Posted on: August 24, 2020
Link to Original Article: https://www.fool.ca/2020/08/24/canadians-3-new-cra-tax-breaks-you-can-claim-for-2020/
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2 million Canadians who haven’t yet filed taxes could face benefits interruption, CRA warns
Original Article Source Credits: Global News , https://globalnews.ca/
Article Written By : Erica Alini
Original Article Posted on : July 21, 2020
Link to Original Article: https://globalnews.ca/news/7196318/2-million-canadians-havent-filed-taxes-benefits-interruption-cra/
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The Difference Between Bookkeeping and Accounting in Small Business
Original Article Source Credits: The Balance Small Business , https://www.thebalancesmb.com/
Article Written By : ROSEMARY CARLSON
Original Article Posted on : February 25, 2020
Link to Original Article: https://www.thebalancesmb.com/bookkeeping-and-accounting-for-small-business-393002
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Canada Revenue Agency extends tax payment deadline to Sept. 30
Original Article Source Credits: CTV News,https://www.ctvnews.ca/
Article Written By : The Canadian Press
Original Article Posted on : July 27, 2020
Link to Original Article: https://www.ctvnews.ca/canada/canada-revenue-agency-extends-tax-payment-deadline-to-sept-30-1.5040979
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The Canada Revenue Agency announces an extension to the payment deadline and offers interest relief on outstanding tax debts during the COVID-19 pandemic
Original Article Source Credits: CANADA , https://www.canada.ca/
Article Written By : NA
Original Article Posted on : July 27, 2020
Link to Original Article: https://www.canada.ca/en/revenue-agency/news/2020/07/the-canada-revenue-agency-announces-an-extension-to-the-payment-deadline-and-offers-interest-relief-on-outstanding-tax-debts-during-the-covid-19-pa.html
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Meet The Face Behind ALL-PRO Business & Bookkeeping Corp.
I’m Valerie Mellof, the proud owner of ALL-PRO Business & Bookkeeping Corp.
I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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3 months later: how the pandemic is impacting Canadian businesses
Original Article Source Credits: CPA Canada , https://www.cpacanada.ca/
Article Written By : ETHAN ROTBERG
Original Article Posted on : 6.29.2020
Link to Original Article: https://www.cpacanada.ca/en/news/canada/2020-06-29-covid-19-crisis-impact
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Be an Expert at Identifying CRA Scams!
Original Article Source Credits: Greedyrates , https://www.greedyrates.ca/
Article Written By : Tamar Satov
Original Article Posted on : May 19, 2020
Link to Original Article: https://www.greedyrates.ca/blog/save-yourself-and-never-fall-for-a-cra-scam/
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Get ready to do your taxes
Original Article Source Credits: canada, https://www.canada.ca/
Article Written By NA
Original Article Posted on :NA
Link to Original Article: https://www.canada.ca/en/revenue-agency/campaigns/taxes-get-ready.html
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CRA Extends Tax Deadline: Get This 1 Little-Known Tax Deduction Counted
Original Article Source Credits: ca.style.yahoo, https://ca.style.yahoo.com/
Article Written By Christopher Liew, CFA
Original Article Posted on : April 20, 2020
Link to Original Article: https://ca.style.yahoo.com/cra-extends-tax-deadline-1-153028505.html