Blog by Acton Accounting & Bookkeeping Inc.
Read our blog to know about the various trends in the accounting & bookkeeping world!
How to Prepare Your Business for Bare Trust Reporting Rules
You face new compliance responsibilities as updated trust reporting rules broaden the scope of corporate tax compliance across Canada. Many everyday commercial arrangements, including nominee agreements and joint asset holdings, now trigger formal bare trust reporting obligations that can catch your business off guard. Addressing these legal ownership structures early shields your organization from substantial penalties and administrative complications. Learn how to review your enterprise arrangements carefully so you can maintain total regulatory certainty.
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Surprising Cash Flow Mistakes Draining Your Vancouver Business
You might be losing revenue through inefficient operational spending without even realizing the immediate impact on your bottom line. Effective cash flow management requires a proactive approach to identifying hidden financial leaks before they quietly drain your working capital. By refining your daily financial operations, you can secure your corporate assets and position your company for sustainable growth. Partnering with experts in Vancouver business accounting provides you with the strategic insights necessary to protect your hard-earned profits and build a secure financial future.
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CRA says rare error in some tax slips lists repaid CERB as taxable
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca
Article Written By: Canadian Press
Original Article Posted on: March 2, 2021
Link to Original Article: https://www.advisor.ca/news/economic/cra-says-rare-error-in-some-tax-slips-lists-repaid-cerb-as-taxable
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Announcing the new website
We are delighted to announce the launch of our new website!
Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer. Stay tuned to our blog for new ideas! Sign up here so you never miss an update.
For any enquiries and feedback, please write to us at ali@actonaccounting.com / corrie@actonaccounting.com or call us at 604-737-8800
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