How to Avoid Paying Taxes on Used Car in BC
If you were to purchase a used car directly from another person you are subjected to part with 12% PST.
Cloud & Virtual Bookkeeping
Choose From A Wide Range of Cloud & Virtual Bookkeeping Services in Canad
As a full-service cloud accounting and bookkeeping company, Taxccount provides a wide range of cloud & virtual accounting and bookkeeping services to meet the needs of your company. Your company can choose to gain major advantages and experience efficiency if you switch to a cloud accounting solution.
Small firms and freelancers are increasingly integrating cloud accounting and bookkeeping into their operations. Small firms may benefit from automation, strong technology, and updated training through cloud accounting, which are typically difficult and expensive to execute internally on a small scale.
Say Yes To Professional Bookkeeping With Taxccount
Taxccount is aware of the complicated needs customers confront thanks to its specialists who offer accounting, tax, assurance, and consulting services across Canada and its solid track record of assisting small and mid-sized businesses to thrive. They gain from a qualified 360-degree picture of the business operation based on informed insights and substantial domain knowledge. We are a one-stop shop for all information, resources, and business requirements. While assisting our clients in concentrating on developing their businesses, we offer human solutions.
Our whole cycle of daily processing and bookkeeping includes:
- Both accounts due and receivable
- Cash inflows and outflows
- Workers' Compensation, GST, HST, QST, and PST
- balance sheet balancing
- Reporting on the dashboard and performance data
We employ a team approach backed by industry experience to provide specialized, fast, and reliable professional bookkeeping. Clients collaborate with a committed team of experts that offer timely touchpoints to guarantee a seamless transition as well as advising knowledge all year long. To guarantee accuracy and compliance, Taxccount experts analyze each file once a month.
Customized Bookkeeping Experience
We guarantee a personalized experience with Taxccount. The area is equipped with cutting-edge technology and is connected with the whole accounting system, making it possible to share documents securely, collaborate, and have quick, secure access to important data including bank balances, cash flow, income, and spending. As a result, we are able to collaborate with customers and their team in the manner that they want, using any place, any time, and any device.
Our cloud and virtual bookkeeping services include:
- Monthly data entry and transaction review
- Monthly credit card expense documentation
- Monthly bank account reconciliation
- QuickBooks Online (QBO) assessment
- Typical Bookkeeping Support
- Management Reports Including Key Financial Data
- Invoicing and Accounts Receivable Management
- Accounts payable Support and Payables Management
Because of the simplified, standardized procedures and systems provided by the cloud, our virtual accounting services are priced at a fraction of what traditional in-house bookkeeping would cost. Most business owners are unaware of the true expense of hiring an individual to do their bookkeeping. The cost of a bookkeeper is the total of their salary and administrative expenses.
In addition to benefits and office expenses, overhead costs also include expenditures related to mistakes, the time it takes to employ, train, oversee, and provide cover for absences. Businesses may have overhead expenses for bookkeeping that are 1.5 times the bookkeeper's hourly rate. Outsourced bookkeeping eliminates all of those expenses, making it less expensive than hiring an internal employee.
Consult Taxccount today to know more about our cloud & virtual bookkeeping services.
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Suite 250 997 Seymour St. Vancouver BC V6B 3M1 Canada
Suite 305 381 Front St w Toronto, Ontario M5V3R8, Canada
What Our Client Say
Taxccount has been our primary tool for several years. They were the crucial component we were searching for! Our entire business has been made simpler by their bookkeeping, and tax season is no longer as difficult. Over the years, the accountants and bookkeepers have all offered us unmatched guidance and tax planning that has helped us save money and time. We anticipate continuing our relationship with Taxccount for many years.
Kris Sharma
We are quite grateful to the accountants at Taxccount. Being a small enterprise, we have got the sufficient finances or time to hire an in-house bookkeeper and we have spent years muddling through on our own. The first month after deciding to work with Taxccount for payroll and accounting services, it was as if a weight had been removed! Since we are involved in providing an ecosystem for businesses, Taxccount’s accounting services come in extremely handy for us and make our job much easier.
Sudhith PD
Our staff now depends heavily on Taxccount’s services. Without them, I can't fathom how well my business would operate. They assisted me in maintaining my highly erratic bookkeeping and organizing it so that when December rolls around, neither my employees nor I would be in a panic. We never imagined that the tax season would go well, but Taxccount made it much easier than in previous years. I can't speak highly enough about their professionalism and experience!
Daljeet Singh Bhatia
For the filing of our company's taxes, we rely on Taxccount’s tax-related services. We discovered that tax filing had suddenly become too hard for us to do alone as our business and workforce expanded. The tax accountants have greatly reduced our amount of taxable income by locating tax benefits for us that we never would have discovered on our own. They collaborated with us all year long to provide advice on potential strategies for long-term tax minimization. We were so pleased with the tax preparation and planning services provided to our business that I asked them to also handle the personal taxes for my family.
Prashant Sharma
Our Blog
Understanding the Luxury Car Tax in BC
The luxury car tax in BC is imposed when making a purchase or leasing of vehicles at an individually specified price.
Mastering Your Finances with a Reverse Tax Calculator
A reverse tax calculator is an online tool for calculating pre-tax income, depending on the desired, or given, post-tax income, tax rate, etc.
Understanding Toronto property tax: What You Need to Know
With Toronto being home to a diverse population, and a strong economy, one would expect a vibrant property sector.
Understanding the BC Renters Tax Credit: A Valuable Benefit for Tenants in British Columbia
Being a resident of British Columbia (BC), like in any other province, has its own financially drawbacks, particularly when it comes to housing.
What is Line 15000 on a Tax Return in Canada?
Most Canadians always come across some terms they are not very familiar with when they are filing taxes.
