Canada is consulting on modernizing the federal framework for registered charities. Learn what charities should review now, from donation receipts and T3010 filings to fund accounting and internal controls.
Category: Uncategorized
Changed a Director or Officer? Don’t Forget to Update the CRA
When a Canadian corporation changes directors or officers, updating the corporate registry may not be enough. Learn what businesses should review across CRA records, tax accounts, banking, corporate records and representative authorizations.
Why Your New Business Needs Professional Accounting?
SAR Accounting & Tax Solutions is dedicated to ensuring your company has a robust financial picture. Connect for a free consultation about how we can help you reach your goals. When you start a new business, you have to set up every aspect of your operation so that they work […]
Why You Need a Tax Accountant to File Your Personal Income Tax
Tax filing season will soon be upon us, and it can get pretty or mighty stressful, depending on the complexity of your tax situation. Even if your Personal Income Tax Preparation is pretty straight-forward, you should still consider engaging a tax accountant. Here’s why: tax accountants are well-versed about the […]
Want to increase sales revenue and decrease costs?
Efficient retail accounting is critical to smart decisions that help your business flourish. Without accurate figures and facts, your operational, customer, supplier, credit and growth strategies are likely to be half-baked. By outsourcing your accounting function, you will always have up-to-date numbers to guide your tactical and strategic actions. Should […]
Planning to save but you can’t? WE CAN HELP!
We all work very hard to earn $$$ but at end of each month, we don’t have anything left to put towards our saving account or for future use. Following are some helpful tips that can be used to enhance your saving; whether you are saving for vacation or something […]
Is DIY restaurant accounting driving you up the wall?
Does every business need bookkeeping? For restaurants and food-service/catering business owners, professional accounting and organized books are critical to efficient, waste-free operations. Naturally, between supervising the kitchen and strategizing new ways to improve the customer experience, you have little time to review finances and monitor metrics. If you’re a new […]
Is your consulting company consistently profitable?
The business consulting industry is booming, but it is also facing a threat from technological advancements that enable a self-service model. If you’re a small or medium-sized consulting firm, you may be grappling with challenges ranging from low-cost competitors and increasing client demands to market unpredictability and pay-for-performance models. As […]
Is your online business financially intelligent & tax compliant?
Solo online entrepreneurs to growing internet businesses, all acknowledge the necessity to outsource accounting to professionals. It is not difficult to see why. Managing accounting and books in-house is both time-consuming and complex, even if you have the best accounting software and are technically proficient. As a result, online business […]
Are you following the best practices of legal accounting?
Law firms that have already outsourced their accounting are enjoying peace of mind knowing that their matter costs and client funds are being managed compliantly. Those that haven’t are struggling with the complexities and risks inherent in legal accounting. If you belong to the latter group, SAR Accounting & Tax […]
