by cpainmontreal | Mar 2, 2023 | Finance, Tax
Businesses must opt for the suitable payroll method as a wrong decision can jeopardize its smooth functioning. However, raising a dedicated payroll team can be difficult, time-consuming, and expensive, especially for small businesses. Not to forget the chances of...
by cpainmontreal | Feb 20, 2023 | Finance, Tax
2023 Tax season starts in five days! Many people can file their income tax themselves using software like TurboTax, UFile or ProTax, but not everybody is comfortable doing so. In addition, this requires having basic knowledge of provincial and federal tax rules and...
by cpainmontreal | Jan 19, 2023 | Tax
What is tax accounting? Tax accounting is a subcategory of the various accounting methods that deal with taxes and does not involve financial statements. It is governed by the Internal Revenue Code, which imposes specific rules on businesses and individuals, including...