Maroof HS CPA Professional Corporation, Toronto
Around one-third of small businesses outsource a business process. Accounting has become one of the most common processes that are outsourced by small to medium companies. Currently, Canada has emerged as a top market to
Xero has become immensely popular with small and medium businesses for its simpler approach to bookkeeping. With over a million subscribers, Xero is soon to become the most used cloud-based accounting solution across the whole
If you are just getting started with your startup, you know the different challenges that lie ahead. You could have different reasons to look to start your own business. Studies show that about 26% of
Employee Vs independent contractor and, pros and cons of each
THIS POST IS NOT UPDATED and the tax implications are from a U.S. tax perspective. Please access one of the below links for 2021 posts: An easy to understand guide to Blockchain Technology and Cryptocurrencies
Reliable Financial Information is vital for any business success. Getting such information is dependent on the business’s bookkeeping process that carefully tracks business expenses and income. For many business owners, this bookkeeping process can be
Everyone makes Mistakes! Entrepreneurs are no exception, especially the new ones! Yes, this is quite normal! What matters is how quickly their learning curve improves from their own mistakes, and whether those mistakes are the
Businesses have been outsourcing their business processes that do not add direct value to their end customer experience – non-value-added activities – for many years. The most common outsourced business processes are legal, marketing, human
Outsourcing is not a newer concept! Businesses outsource their functions and processes for multiple reasons – to lower costs, increase efficiency, access to expert and specialized solutions and to focus more on core business processes
The Foreign Account Tax Compliance Act (FATCA) The objective of FATCA is to prevent offshore tax evasion by persons and entities and it focuses on identifying the accounts held by US persons and entities. No