by Webtax Admin | Jan 18, 2021 | Accounting, Bookkeeping
Tax accounting falls under as a subcategory in Accounting. Accounting is a vast subject matter that deals with finances and financial statements of businesses and/or companies. Tax accounting on the other hands deals with: TaxesTax PreparationTax ReturnsTax Payments... 
by Webtax Admin | Jan 11, 2021 | Accounting, Bookkeeping, small business acounting
Filing Corporate Taxes in Canada is as same as filing taxes anywhere in the world. However, when it comes to corporate taxes things are a little different. Corporate taxes are different from personal taxes, regardless of the names the taxes have no correlation except... 
by Webtax Admin | Dec 27, 2020 | Accounting, Bookkeeping, small business acounting
A start-up cost is an amount required for a business idea to become reality. In simpler terms, it is the money spent in order for any business to start operating, meaning they are expenses that create a business. Start-up costs fall into two distinct and individual... 
by Webtax Admin | Dec 22, 2020 | Accounting, Bookkeeping
Minute books are a vital aspect of every business and/or company. In simpler terms, a corporate minute book consists of a record of important and valuable documents that Shows the Company’s worth and status. It is one of the first things regarding a business that is... 
by Webtax Admin | Dec 13, 2020 | Accounting, Bookkeeping, small business acounting
Cloud Accounting is similar to traditional bookkeeping services, however, rather than noting down information on paper or on a specific desktop, it is processed and uploaded on a ‘cloud’ system on specific servers meant for the business. Cloud accounting is preferred... 
by Webtax Admin | Dec 5, 2020 | Accounting, Bookkeeping, small business acounting
Bookkeeping service for small businesses is not an option it is a necessity. An efficient bookkeeping service provider will handle with care the daily routine accounting portfolio of your business and financially keep your small business bookkeeping up to date. But... 