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Updated by Versatile Accounting Calgary on Jun 28, 2020
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Accountant Calgary

Versatile Accounting Professional Corporation is committed to exceptional client service delivered through long-term, responsive relationships.

Accounting for Charities, Associations and Not-for-Profits in Calgary

If you run an Accounting For Non-profit Organizations, your accounting responsibilities are different than those of for-profit businesses. Nonprofit organizations handle tax payments, financial statements, and recordkeeping differently than other businesses. Learn about Accountant Calgary.

What is the objective of a review engagement?

Normally, this engagement, auditor perform fewer procedures and review to support a conclusion on the financial statements in terms of whether anything has come to the auditor attention to indicated that the financial statements are not prepared in accordance with the specific accounting Firms Calgary standard.

Ten tips for picking the perfect accountant

In fact, each and every aspect of the financial analysis of your business is part of CPA Calgary Accounting Firms Calgary, and will be easily managed by the companies to which you outsource the work. There are several companies that can help you in this context, but you should always select the right company, so that your business needs are rightly catered.

Do You Communicate By Email or other Online Means? - Versatile Accounting Calgary

Accounting firms have different personalities. Some Calgary accountants are conventional while others are modern which reflects in their preferred communication styles. Modern firms will use video conference, Skype, email and other technologies that support collaborative communication. On the other hand, conventional firms might not be so open to these channels. Your business style and culture should inform which form of communication you prefer. If you are a young workforce that thrives on instant responses, then newer channels will be best suited for your business.

Affordable Bookkeeping & Accounting Services In Calgary

We want to offer a word of caution here Accounting Services Calgary. Be careful not to issue so many shares that you risk giving up too much of your percentage of ownership. Have the necessary advisors on hand to plan before you implement the idea. As a corporation, there is an opportunity to split income among the family members. However, with new rules in place of “Tax on split income (TOSI),” you will need advice from your qualified accountant so that you are not taxed at higher rate personally or attribution tax rules.

Tax Accountant - How to Sell Your Accounting Services to Small Businesses

All consultations and meeting are free and are arranged conveniently to suit you. We will visit you, to save you a time of travel. Just call us today!

Salary OR Dividend – Which option is better for you and your corporation? - Versatile Accounting and Tax

Understand the pros and cons of withdrawing salary or dividend out of the corporation to help you decide which is the best option for you.

How to pay taxes online with CRA MyPayment - Versatile Accounting - Personal and Corporate Tax Accountant

Paying for taxes online is simple with CRA MyPayment. We have created this step-by-step guide to show you how easy and convenient it is to pay for personal or corporate taxes online!

Changes to Taxes of a result of COVID-19 - Versatile Accounting - Calgary Tax Accountant

Dear Clients, As the news is ever-changing and there is an abundance of information available, we want to reach out to you to update you on the most recent developments with regards to taxes. In response to COVID-19, on March 18, 2020, the Government of Canada announced that they will be extending the personal tax filing deadline to June 1, 2020, with the payment deadline now being August 31, 2020. Please see the following excerpt from the Government of Canada’s website: