Simply Accurate Bookkeeping

Simply Accurate Bookkeeping wishes all Friends & Clients a very happy, safe & healthy Easter Weekend.

Tax time is upon us. Call me, I do Personal Tax returns including unincorporated small businesses. HAPPY NEW YEAR. 2020

With a bookkeeper by your side you can take a break when the opportunity presents itself. Dont sacrifice your leisure time by spending it with the books when someone else can do it for you. Contact me today! #bookkeeper #quickbooksproadvisor #virtualbookkeeper #bookkeepingservices #bookkeepinghelp #bookkeepersofinstagram #bookkeeping #bookkeepingtips #accounting #payrollservices #incometax #entrepreneur #bookkeepingadvice #paperfree #smallbusiness #taxdeductions

Are you finding it difficult keeping up with your bookkeeping tasks? An up to date set of books will allow you to gauge the financial health of your business and also to enlighten you on what steps you can take for improvement. I can help. Contact me today.

If you are a small business owner or Corporation in Canada its important to keep track of your income & expenses so hanging on to your receipts for everything and anything related to your business is a must. If you find taking care of your own books too time consuming or difficult consider hiring a bookkeeper to do it for you. An up to date set of books will make a huge difference to your bottom line at tax time. Below I have compiled a few of the possible tax deductions y...ou may want to take advantage of. Advertising You can deduct expenses used for advertising in Canadian magazines and Canadian Radio. You must meet specific requirements pertaining to Canadian content or ownership. Start-up costs It is important that the expenses for start-up costs were incurred during the fiscal period. Annual license fees and business taxes are allowable as are dues or fees for a trade or commercial association. Motor Vehicle Expenses Although you cannot track mileage to and from work you can expense your driving for the purpose of carrying on a business. If you are paid mileage by your employer then you cannot claim it as a deduction on your tax return. In 2019 the CRA allows $0.58 cents for the first 5,000 km and then $0.52 for each additional km. If your employer pays you over and above these amounts then your employer would have to report it as income. Other allowable expenses include: License & registration Fuel & Oil Costs Insurance Interest on money borrowed to buy a motor vehicle Maintenance & repairs Leasing costs You may also claim a Capital Cost Allowance Use of Home Expenses for your Business You can claim expenses for the space you use in your home to operate your business. Of course there are conditions to be met. It is your principle place of business You only use the space to earn business income and on a regular basis to meet clients, customers or patients Maintenance costs such as heat, home insurance, electricity, and cleaning materials. Property taxes, mortgage interest and Capital Cost Allowance. Calculate using the area of the work space divided by the total area of your home. Legal, Accounting and other professional fees Bookkeeping & Accounting fees Income Tax Preparation fees Maintenance & repairs Salaries, wages and benefits Property taxes, rent Meals & Entertainment see Travel for more info Office expenses Supplies If you think you cant afford a bookkeeper remember that their fees are tax deductible. Simply Accurate Bookkeeping services can offer Local as well as Virtual services. Contact me today. #bookkeeping #bookkeepingtips #bookkeepinghelp #virtualbookkeeper #Taxdeductions

Happy Canada Day to everyone!

Technology is becoming more and more advanced and more businesses might consider using an online bookkeeper. To some a virtual bookkeeper is confusing and just a bit out of their comfort zone. Others though are ready to embrace the idea. Those businesses that consider the idea of using a virtual bookkeeper may soon realize the advantage of doing so. A virtual bookkeeper can provide you with cost savings as well as flexibility. ... Most remote bookkeepers will be able to offer part-time services saving you money. As a contract employee, you will not have to worry about payroll taxes, vacation time and other benefits. A virtual bookkeeper can be available as much or as little as your company needs. Outsourcing your bookkeeping chores whether onsite or remote allows you to focus on running your business. Having access to up to date financial reports whenever you need them to apply for a loan, satisfy investors, make an acquisition or simply regain your free time can be a huge benefit to your peace of mind. Simply Accurate Bookkeeping services can offer local as well as virtual services. Call 403-506-8157 or message me today. #bookkeeping #payrollservice #quickbooks #virtualbookkeeping #flexible #smallbusiness #outsourcing

I have just earned my QuickBooks Certified ProAdvisor badge and am excited to be qualified to serve Virtual Small Business Clients. Call or message me to get started.

Hiring a Bookkeeper to keep your books up to date is probably the most important thing you can do for your business. I can help you to simplify your life so you can do what you do best. An up to date set of books is a great asset to have at tax time. https://www.entrepreneur.com/article/219917

Wishing you a very happy St. Patricks Day! Love love love you, Words for Women PS - We have been on Facebook forever, but we only just got started on Instagram last year. If you havent already, you can follow us there at https://www.instagram.com/wordsforwomenofficial/

Happy International Womens Day! Shine your brightest.Happy International Womens Day! Shine your brightest.

Here are some important bookkeeping tips for business owners: 1. Keep your personal and business expenses separate. 2. Dont get behind on your books. 3. Keep all your receipts. ... 4. Plan for expenses. 5. Invest in cloud accounting software. I can help call me for a free consultation. 403-506-8157

Keeping proper up-to-date books is a must. If you cant get it done, get someone who can and simplify your life.

Be smart & romantic this Valentines Day.