January 2021

Working with an Accountant Can Do These 5 Things for Your Business
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Working with an Accountant Can Do These 5 Things for Your Business

Accounting, Business

Working with an Accountant Can Do These 5 Things for Your Business

By Virtual Heights|2021-10-24T09:53:14+00:00January 25th, 2021|Accounting, Business|

As a business owner, you’re probably aware that you should be working with an accountant. But did you know accountants can help you with more than just tax and financial statement preparation? In addition to helping you with the usual tax and accounting work, working with an accountant can save you time and money, help you reach your goals and reduce stress, as well as point out strengths and weaknesses in your business. Here’s a more in-depth look at how working with an accountant is good for your business. 1. Save Money People are sometimes reluctant to hire an accountant because [...]

Your Year End Business Checklist

By Virtual Heights|2021-10-24T09:53:14+00:00January 15th, 2021|Accounting, Business|

As an entrepreneur with an incorporated business, you likely know you get to choose your year end date. This year end business checklist information is useful at any time of year, not just the end of a calendar year. It’s intended to help you organize your books and records to make sure your year end financial statement and corporate tax return preparation goes smoothly. First of all, let’s back up a bit and discuss your year end date, in case you’re a new entrepreneur and haven’t gotten that far yet. What Date Should You Choose for a Year End? Not December. [...]

New Year Resolutions for Your Business

By Virtual Heights|2021-10-24T09:53:14+00:00January 5th, 2021|Accounting, Business, Business Coaching|

The start of a new year is often when business owners take stock of what went well during the previous year and what they'd like to improve during the upcoming year. Many people make New Year's resolutions for personal habits such as eating better and saving more money, but it’s fun to make new year resolutions for your business too. 4 New Year Resolutions for Your Business Here are a few things we commonly hear our clients saying they'd like to do differently as part of their new year resolutions for business. Open those brown envelopes from the Canada Revenue Agency [...]