Blog by J.M.J. Accounting & Tax Services Inc. - Accounting, Bookkeeping, Financial Consulting,Tax Services London, ON

Solution to all your Accounting and book keeping needs

Benefits of Hiring Professional Tax Preparation Services

By  James Volmer |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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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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Solution to all your Accounting and book keeping needs

Why Is Bookkeeping Important for Small Businesses?

By  James Volmer |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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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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Solution to all your Accounting and book keeping needs

What Does Your Accountant Need to Do Your Taxes?

By  James Volmer |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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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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Solution to all your Accounting and book keeping needs

CRA can use arbitrary assessments to fill a filing void

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

Can I withdraw from RRSPs to pay bills?

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

CRA begins sending debt letters to those who received pandemic benefits while ineligible

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

Ontario proposes new tax credit for seniors

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

How are you taxed when you sell a small business?

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

Self-employed? Here's how to file taxes for a side hustle

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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



Solution to all your Accounting and book keeping needs

The odds and ends you may have missed in 2022 budget

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

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