Bomcas Accounting Can Help With Your Taxes
Whether you are a self-employed business owner or you’re running a small-business, you need to know how to use the tax codes to your advantage. And Bomcas Accounting can help you with both personal and corporate taxes.
Bookkeeping
Keeping a current general ledger is a necessary duty for bookkeepers. You might also be asked to generate invoices and help with payroll. Some companies offer work-from-home and telecommuting opportunities. However, you will need a solid understanding of personal finances to succeed in this position.
A bookkeeper is usually considered to be a junior accountant, although there are some firms that require no experience. You can make your mark by showing that you have the tenacity to learn new tasks. While there are no official certification requirements, you may want to consider taking a certificate program in bookkeeping. These programs provide a hands-on learning experience without sacrificing the educational credentials.
A good bookkeeping job description should detail working hours, benefits, and childcare reimbursement. It should also include information on what the salary range is. You will need to have a strong resume to stand out from the crowd, but a little extra effort can go a long way. In addition, you should list any conference sponsorships and any benefits you have. You might even want to list a few work-from-home opportunities. These are all good places to start looking for a new position. The most important thing to remember is that the right position could lead to a very rewarding career. This is true whether you are working for a big corporation or a small business.
Tax planning
Whether you are looking for tax planning, accounting, or bookkeeping services, you can find it with the help of a Canadian accountant. Most accountants are working for businesses and are tasked with maintaining the accuracy of financial records. A tax accountant can advise you on the best time to make certain types of financial transactions to reduce your tax liabilities. If you are a small business owner, it may be helpful to find a local accountant that can assist with your bookkeeping needs.
Several firms offer similar services, including Bomcas Accounting, which offers tax planning, accounting, and bookkeeping services for businesses of all sizes. With over 40 years of experience, Bomcas has become a trusted name in the accounting and tax services industry. The company’s tax experts are dedicated to providing a wide range of proactive tax services that will help you stay on top of your tax obligations. With offices in Edmonton, Calgary, and Ottawa, Bomcas can provide tax services in any province in Canada.
If you are looking for the best accounting, tax, and bookkeeping services, you need to look no further than the BOMCAS Edmonton office. The firm offers services such as tax preparation, accounting, and payroll services to clients in and around St Albert and Edmonton.
Personal and corporate taxes
Whether you need a personal or corporate tax service, Bomcas Accounting and Tax Services can provide you with insightful advice. They are one of the best professional accounting firms in Alberta. They serve a variety of industries and have extensive experience in the public accounting sector. They stay on top of changes in the CRA and provide helpful advice.
As a part of their comprehensive service, they can prepare your personal or corporate tax returns, pay past-due taxes, and offer tax planning advice. They also offer bookkeeping and payroll services. If you need assistance with complex tax issues, they can also provide you with a consultation. They have offices in Edmonton and Sherwood Park. They can also offer you accounting and other business services across the province of Alberta.
A personal income tax is the amount of money that the government charges for individuals and businesses for their earnings. It is calculated after accounting for deductions and tax credits. However, most individuals do not pay full income tax due to the various exemptions that they qualify for. Similarly, a corporate tax is a direct tax levied by the government on businesses. The maximum corporate tax rate is 35%. The rules governing corporate taxes vary from country to country. Generally, there is a progressive income tax system in place, which means that higher earners are subject to a higher tax rate. These funds are used to finance various projects for the benefit of citizens.
With offices in Alberta and Sherwood Park, Bomcas is a full-service accounting firm offering a variety of services. They specialize in tax preparation for individuals, small to medium businesses, and sole proprietorships. They have a team of experts with years of experience in the bookkeeping and accounting fields. They also provide their clients with timely and insightful advice. If you need help with your personal or corporate taxes, contact the Bomcas team today! Their main offices are located in Edmonton and Sherwood Park.
Paying delinquent or past-due taxes
Whether you owe past due income taxes or you are just unsure of what you owe, Bomcas Accounting can help you get your accounts in order and pay your taxes. Their services include accounting, tax planning, and preparation of both personal and corporate taxes. They can also offer you flexible payment plans to help you deal with your tax burden.
Delinquent or past-due taxes are a result of several events. The first is that you receive a notification from the appraisal district informing you of your obligation to pay. You can either pay it on time or you can wait until next year. Choosing to pay by March 31 can help you avoid foreclosure action. Once you pay your taxes, you can avoid paying penalties and interest. You can also pay in installments to reduce your debt.
Another option to pay your delinquent or past-due taxes is to contact the IRS and set up an installment plan. If you are an unmarried surviving spouse of a disabled veteran, you can sign a special payment option. These options are available to qualified property owners. Those who do not qualify can still work with the IRS to lower their debt. The only catch is that you must sign up for one of these options before March 2, 2020. These special payment options are a great way to pay off your taxes and establish a good payment history.
The IRS offers flexible solutions to help you pay off your debt, without impacting your quality of life.