Gearing up your small business for 2017 tax season
The new tax year has arrived, which means that it’s time to get ready to produce everything necessary for the 2017 tax season. For small business owners, this can be an incredibly stressful time of year. With April looking in the future, here are a few ways your small business can gear up for the […]
Income splitting through an incorporated business
Tax brackets are one of the simplest things to understand when figuring out your tax bill. Very simply, tax is accessed based on your income, and the highest your salary, the more tax you pay. So let’s say that a husband and wife are making $200,000 per year, collectively. If one person is making $150,000 […]
Advantages a CPA can make for tax planning
There are many advantages a chartered professional accountant can bring to businesses, large and small, and the average person. One area where they provide a lot of assistance is in the world of tax planning. By hiring an accounting firm with staff members that have over 20 years experience, like the staff at Naicker & […]
How an Accountant Can Help Your Small Business
Many small business owners believe that they can handle all their accounting themselves. All they need to do is buy some accounting software, enter in the numbers, and everything’s in the black. But hiring a chartered professional accountant, like one at Naicker & Associates, can really help you navigate the complicated financial waters of owning […]
Tax Services and More for Not-For-Profits and Charities
Accounting is easy for a not-for-profit organization, right? Most people think that charities and not-for-profit organizations have it easy, simply because they don’t have to pay any taxes. Because they don’t have to pay any taxes, their accounting needs should be simple, too. Some of these organizations and charities believe this as well, choosing to […]
Business & Personal Accounting Tips at Christmas
Christmas might just be the second most important time of year from a financial perspective. People are spending more, businesses are hiring more staff, parties and presents are everywhere, and a smart person is checking with his or her accountant to make sure they’re prepared for the season. Here are a few accounting tips for […]