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Benefits of Hiring Professional Tax Preparation Services
Tax season can be a daunting time for small and medium-sized businesses in London and S.W. Ontario. Navigating the complexities of tax preparation while staying focused on day-to-day operations is a challenge many entrepreneurs face. At J.M.J. Accounting & Tax Services Inc., we recognize that professional tax preparation can make all the difference in ensuring your business's financial well-being. In this blog, we'll explore the various benefits of hiring our expert tax preparation services.
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Why Is Bookkeeping Important for Small Businesses?
For small businesses in London and S.W. Ontario, efficient bookkeeping forms the bedrock of financial success. However, many entrepreneurs underestimate the significance of maintaining accurate financial records. At J.M.J. Accounting & Tax Services Inc. we recognize that proper bookkeeping goes beyond mere record-keeping; it serves as a compass guiding your business toward prosperity. In this blog, we'll explore the crucial reasons why bookkeeping is essential for small businesses.
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What Does Your Accountant Need to Do Your Taxes?
As tax season approaches, small and medium-sized businesses in London and S.W. Ontario find themselves grappling with the intricacies of tax preparation. While some may attempt to handle their taxes independently, enlisting the expertise of a professional accountant can make a world of difference. At J.M.J. Accounting & Tax Services Inc., we understand the challenges that businesses face, and our team of skilled professionals is here to ensure a smooth and accurate tax filing process. In this blog, we will discuss what exactly does your accountant need to do your taxes efficiently? Let's dive into the essential elements.
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CRA can use arbitrary assessments to fill a filing void
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca
Article Written By: Jamie Golombek
Original Article Posted on: May 9, 2022
Link to Original Article: https://www.advisor.ca/magazine-archives_/advisors-edge_/cra-can-use-arbitrary-assessments-to-fill-a-filing-void
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Can I withdraw from RRSPs to pay bills?
Original Article Source Credits: Moneysense, https://www.moneysense.ca
Article Written By: ALLAN NORMAN
Original Article Posted on: APRIL 13, 2022
Link to Original Article: https://www.moneysense.ca/save/investing/rrsp/early-rrsp-withdraw-to-pay-debt
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CRA begins sending debt letters to those who received pandemic benefits while ineligible
Original Article Source Credits: CBC News, https://www.cbc.ca
Article Written By: CBC News
Original Article Posted on: May 10, 2022
Link to Original Article: https://www.cbc.ca/news/politics/cra-debt-cerb-letters-1.6448462
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Ontario proposes new tax credit for seniors
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca
Article Written By: Rudy Mezzetta
Original Article Posted on: April 28, 2022
Link to Original Article: https://www.advisor.ca/tax/tax-news/ontario-proposes-new-tax-credit-for-seniors
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How are you taxed when you sell a small business?
Original Article Source Credits: MoneySense, https://www.moneysense.ca
Article Written By: JASON HEATH
Original Article Posted on: APRIL 11, 2022
Link to Original Article: https://www.moneysense.ca/columns/ask-a-planner/taxes-when-you-sell-a-small-business-in-canada
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Self-employed? Here's how to file taxes for a side hustle
Original Article Source Credits: MoneySense, https://www.moneysense.ca
Article Written By: ANNA SHARRATT
Original Article Posted on: APRIL 13, 2022
Link to Original Article: https://www.moneysense.ca/save/taxes/self-employed-heres-how-to-file-taxes-for-a-side-hustle
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The odds and ends you may have missed in 2022 budget
Original Article Source Credits: CTV News, https://www.ctvnews.ca
Article Written By: Rachel Aiello
Original Article Posted on: April 12, 2022
Link to Original Article: https://www.ctvnews.ca/politics/the-odds-and-ends-you-may-have-missed-in-2022-budget-1.5857417