Calgary Business Blog

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Why do I need a designated or certified accountant?

Small business owners should use extreme caution when choosing an accounting company. You will not save money if you do not use a designated or certified accountant. Without the proper training, well -meaning bookkeepers who do not pursue ongoing education on the ever-changing Tax Act will simply not be able to navigate your taxes to your benefit. Without the dedication of proper training, the consequences of errors or omissions when calculating expenses and GST can be devastating. You run the risk of overpaying, underpaying or being penalized. The CRA will catch up to these errors and charge you very high interest rates and penalties.

 

 

 

 

For more information on Small Business Tax Accounting, click > Small Business Tax Accounting