Tax Returns – 7 Steps to Reduce Your Stress

The end of the year tax return must be the most stressful part of running your own business. It is even worse if you have earnings abroad and have to fill in tax returns from those countries as well.

How can you make life easier?

  1. Start an accounts system.

This can be in a hardback ruled ledger that you can buy from any stationery store.

  1. Keep receipts for everything.

Enter these into your accounts once a week, or once a month

  1. Enter any payments made to you in your accounts system as soon as you get them.
  2. Look at the different software accounts packages.

You will learn to use whatever package you buy, but try to avoid the over complex ones in the first instance. If you are comfortable with using spreadsheets and cell formulae you could keep your accounts in a spreadsheet program.

tax-return

  1. Open the tax return envelope as soon as it comes.

Putting it off does not help. Check all the sheets you need are there. Download or send off for any missing sheets.

  1. Aim to have your tax return filled in well ahead of the final deadline.

That way the IRS or other government revenue department will check your figures and work out how much you owe them. This causes much less stress than having to do it yourself and worrying whether you have the calculation right.

  1. As an alternative to steps 3-6, you can employ an accountant.

You can pay the accountant to fill in your tax return and to do your accounts for you. The amount you will pay will depend on the amount of work involved. If you just take in a box of receipts and deposit slips you can only expect to pay a higher fee than the person who presents the accountant with neatly filed receipts and accounts.

For more accountants help visit Find Accountants LTD. We take stress to find accountants and bring you the best accountants who could be a good fit for your financial needs.

The bookkeeping services That Wins Customers – Part 2

Find-Accountants-LTD

Payroll Services

Our company can give you peace of mind and help you to concentrate on your business and not too worry if and when your employees will get pay or not. Company’s obligation will to be updated of any changes in federal and provincial/territorial legislative and non-governmental and inform client of those changes. Maintaining payroll records, Calculating source deductions, Processing payroll cheques, Calculating GST, PST, HST and WCB remittances, Preparation Record of Employment, Preparing T4s.

Maximize Service

In today’s competitive business landscape, small and medium-sized businesses need the most efficient and effective way to market to, sell to, and service clients. If customer relationships are an important asset to your business, then effective CRM strategies and software are key. As an Entrepreneur or small business owner, contact management software enables you to succeed by effectively managing your time, customers, and sales.

Organized & Prepared Documents and Files Sort and organized bills by category

  • Copy Bank Statement on Excel
  • Get everything ready for accountant on CD

We can sort all your bills and documents, scan them and place on CD. Teaching client how to set up bookkeeping software 5 hours,8 hours or one day16 hours or 2 days or more, depends of your need.

Outside Service

For outside clients, an accounting technician will attend a client’s office to provide bookkeeping and payroll services. The client gets the most direct interaction with our accounting technicians about any accounting issues as the work is completed at the client’s location.

Policy and Regulation

Our rates are determined on a project basis and depending on the complexity and expertise required for the project. An initial meeting is free after which a quote for the project will be supplied. Project pricing includes one draft copy for proofreading and revision purposes, and a final printout on quality bond paper. Projects are completed in a timely fashion. An advance payment of 50% is required with the remainder due upon project completion. Payments can be made by money order or business cheque.

Retainer Packages

In order to place your business in a higher priority sequence, you may wish to consider purchasing a retainer package for your secretarial and administrative office support, bookkeeping and payroll needs. Packages will guarantee you a minimum number of hours each month and will provide a discount. The higher the number of minimum hours you purchase, the greater the discount. Retainer plans do not carry over to the next month. Fees must be paid monthly and are due on the 1st of the month. All hours within the plan must be used that month. Hours purchased within a plan are not designed for on-site services. Supplies, materials, postage and other items purchased by the VA are not included in retainer fees and will be billed accordingly. Complex projects requiring a higher skill level of secretarial and administrative office support are billed separately at an agreed-upon fee. In order to place your business in a higher priority sequence, you might consider purchasing a retainer package for your needs.

 

The bookkeeping services That Wins Customers – Part 1

Thanks for joining me!

Good company in a journey makes the way seem shorter. — Izaak Walton

find-accountants-ltd-services

These are the principles we’ve built our business on. If you’re in need of accounting or financial services, please give us a call. It would be our pleasure to apply our experience to your specific situation. At Find Accountants LTD Bookkeeping Services, we specialize in financial services for small businesses, sole proprietors and individuals.

Our services include, but are not limited to:

  • Technical Administrative Assistant as Virtual Assistant
  • Organized and Prepared Documents and Files
  • Accounts Payable
  • Accounts Receivable
  • Reconciliation
  • Payroll
  • Teaching client how to set up bookkeeping software
  • Data Management
  • Desktop Publishing
  • Tax Preparation (Monthly, Quarterly, Annually)
  • Budget Forecasts
  • Setting Sales Database using Maximizer

Our staff includes Certified Accounting & Payroll administrators and Certified Quick Books Pro Advisors. We are locally owned and operated. Call us today – your initial consultation is free!

Technical Administrative Assistant as Virtual Assistant

Working remotely offers a tremendous cost saving opportunity to small business owners who can neatly sidestep the costs of providing office space, equipment, office supplies, and computer hardware and software. Hiring an independent Virtual Assistant is the most cost effective way to get the help you need, when you need it.

Here is how it works:

You avoid the costs associated with an employee e.g. salary, CPP, taxes, benefits, holiday and sick days, training, down-time and the time you spend managing people. You also don’t use any of your own space, equipment or supplies. You pay only for the amount of time your Virtual Assistant devotes to you. Find Accountants LTD can work virtually and do your work remotely on your computer. We can come on your site as well.

  • Data Management
  • Desktop Publishing

Find Accountants LTD is very creative and can help you to prepare presentation, design hard and e- mail brochure, post card and much more. For Power Presentation, we need text and purpose of presentation, we can take care of rest. Designing a brochure will need more information, articles, texts, images, charts and etc…. Post card needs “offer to client”, services and database. Help client with sales by using sales/marketing software such as maximizer, gold mine or the other kind. Owner can help with mass mailing, preparing document and using mail merge. Our company can take care of mailing, preparing labels and distributing too.

Bookkeeping Services

Company is able to use Simply Accounting, QuickBooks, Accpac, and People Soft. If client use different software, owner is quick learner and be able to use after 2-3 days of observing or be shown by qualified trainer or coach.

  • Accounts Payable/Receivable
  • Bank & Credit Cards reconciliations
  • Inventory reconciliations
  • Financial statements or Financial Reports
  • Work with accountant on year-end, Set up accounts…