Protect Your Small Business by Keeping Good Books

Are There Accountants Who Specialize in Working with Small Businesses in Calgary?

Small Business Tax Mistakes

Small business owners have a lot on their plate. Between the daily, weekly, monthly and yearly reports to create, track and file, there’s hardly enough time left to actually run the business. Don’t get us started on taxes. You opened your business because you love your industry, not because you love paperwork!

Tax season is over for now, but it’s better to keep good books year-round than to scramble at the finish line. Many small business owners make unfortunately costly mistakes when it comes to taxes. Are you guilty of any of the following?

  1. Ignoring administrative responsibilities.
  2. Forgetting to separate personal and business finances.
  3. Ignoring profit to concentrate on revenue.
  4. Filing, or paying, taxes late.
  5. Keeping your own books.

All of these could be detrimental to the health of your business.

What Should a Business Owner Do?

Lucky for Calgary’s small business owners, Small Business Tax Solutions (SBTS) can help you. Calgary Business Blog has worked with SBTS in the past with successful results. They are involved in your business as much or as little as you want.

The best part? SBTS is a small business too. They are on your level; they understand your pains.