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Smooth Transitions: Key Steps in Business Succession Planning
Succession planning is not just a buzzword in today's dynamic business landscape; it's a strategic necessity. As businesses evolve, so do the challenges associated with leadership transitions. At Saklas & Co., CPAs a leading Chartered Professional Accounting Firm in Surrey, BC, we understand the pivotal role of seamless business succession planning in ensuring continuity and growth. This comprehensive guide will delve into the key steps of effective business succession planning, shedding light on the critical aspects that every business owner should consider.
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Solving Common Problems That Most Small Businesses Face
Common problems faced by most small businesses today include poor planning, a failure to understand customer behavior, inventory mismanagement, a lack of sales, etc. The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.
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Season’s Greetings From Saklas & Co., CPAs
Season’s Greetings from Saklas & Co., CPAs. We wish you and your family a wonderful holiday season and a happy, healthy, and prosperous New Year 2022!
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Tips To Get The Most Out Of Your Tax Return
Filing prompt tax returns is the duty of every citizen in the country to stay on the right side of the Canada Revenue Agency (CRA). It can also help to gain refunds if too much tax is deducted from an employees’ salary. However, many employees are unaware of the benefits they can take advantage of when filing returns, which usually ends up with them paying unnecessary tax.
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TFSA Users: You Could Pay 15% Tax on Dividends With 1 Costly Mistake
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Christopher Liew, CFA
Original Article Posted on: June 12, 2021
Link to Original Article: https://www.fool.ca/2021/06/12/tfsa-users-you-could-pay-15-tax-on-dividends-with-1-costly-mistake/
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Tax-Saving Tips For Canadian Taxpayers
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: Andrew Beattie
Original Article Posted on: May 6, 2021
Link to Original Article: https://www.investopedia.com/articles/pf/07/canadian_tax.asp
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The CRA gives a chilling assessment on accidental TFSA overcontributions
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Jamie Golombek
Original Article Posted on: Jun 17, 2021
Link to Original Article: https://financialpost.com/personal-finance/taxes/the-cra-gives-a-chilling-assessment-on-accidental-tfsa-overcontributions
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Sources of retirement income
Original Article Source Credits: Government Of Canada , https://www.canada.ca/
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/retirement-planning/sources-retirement-income.html
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TFSA Investors: Beware This Huge CRA Tax Bomb
Original Article Source Credits: The Motley Fool ,https://www.fool.ca/
Article Written By: Andrew Button
Original Article Posted on: May 18, 2021
Link to Original Article: https://www.fool.ca/2021/05/18/tfsa-investors-beware-this-huge-cra-tax-bomb/
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Instalment payments for clients who owe taxes
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Jamie Golombek
Original Article Posted on: May 11, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/instalment-payments-for-clients-who-owe-taxes/
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RECENT POSTS
- » Smooth Transitions: Key Steps in Business Succession Planning
- » Solving Common Problems That Most Small Businesses Face
- » Season’s Greetings From Saklas & Co., CPAs
- » Tips To Get The Most Out Of Your Tax Return
- » TFSA Users: You Could Pay 15% Tax on Dividends With 1 Costly Mistake
- » Tax-Saving Tips For Canadian Taxpayers
- » The CRA gives a chilling assessment on accidental TFSA overcontributions
- » Sources of retirement income