AM Accounting and Tax Services

5 reasons why outsourcing accounting may be a smart move for your small business

Fortunately, it is possible to file your taxes without face to face interaction: · Clients can call, email or video chat your local...

‘Tis the season when employers hand out gifts to employees for a job well done. But have you ever wondered why most companies restrict the value of their gifts to under $100? That’s because any gifts valued at over $100 are considered taxable benefits and according to the CRA should be added to the income of the employee. While this rule may seem unseasonably Scrooge-like, don’t dismiss it as unimportant. It’s good to be aware of the guideline because the CRA tends to be mor

Have you ever considered driving for a rideshare company like Uber or Lyft? It seems like a flexible way to meet people and make some...

Whether your business needs a bookkeeper or accountant depends entirely upon what needs to be done. If you already have an accountant and just need someone to keep on top of monthly transactions for you, then you might consider a bookkeeper. A bookkeeper can: Capture and categorize transactions in your book Manage cheque runs File HST return Process your payroll Alternatively, you’ll need an accountant when you are ready to file your taxes, get financing or set up new control

It's tax time again! If you aren’t keen to untangle the mysteries of tax filing on your own, you may choose to visit an accountant or tax...