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Tip of The Day #7 - Year End Tax Filing For New Businesses

Barbara Steckly

Barbara Steckly

Hi, Barbara Steckly, here from Preferred Client Services in Edmonton, AB with your, "One Minute Business Builder".

How painful was your last year-end?

If you’re in the early years of business and don’t quite know what to do with all those receipts and invoice copies, just the thought of year end can trigger a nightmare.

Now don’t panic! There is help for those with a large shoebox full of paper.

First, a little research will go a long way. Find out what kind of systems that businesses like yours are using. What’s working for them? Are they hiring contract bookkeepers or internal staff?

Even if you’re not ready for ongoing bookkeeping services, there are two crucial tasks that call for their expertise – the initial set-up of your record-keeping and tracking system, and year-end preparation for taxation filing. An efficient and effective system will not only save you time, it will save you money.

At Preferred Client Services, we make a difference counting the beans. We’d love to help, so call us at 780-439-9457. And please, share our “One Minute Business Builder.”

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