Accountant Log
The Journal
How to Keep and Dispose of Tax Records
The general rule for tax records is to keep supporting documentation until the statute of limitations runs for filing your tax return or filing for your tax refund. This typically takes three years after the filing date or the due date of your tax return, whichever is later. The Statute of Limitations The statute of […]
Tax Documents Missing From 2018 Tax Return For California Residents.
**Tax Slip Issues Persist Despite CRA’s Efforts to Resolve Them** While the deadline to file tax returns is still less than two weeks away, many Canadian taxpayers are facing challenges due to missing tax slips. The Canada Revenue Agency (CRA) has been working to address the issue, but some taxpayers are still experiencing difficulties in […]
The Victor Town Board Approves Major Resolutions and Initiates Environmental Review Process
The Victor Town Board met on April 14 to address key issues, including financial health, personnel, and infrastructure projects. A thorough review of the 2024 financial audit reports and the court audit reports was conducted by the town’s management. The town remains in strong financial condition, with an available fund balance exceeding $14 million and […]
Embedding Finance into Small Businesses: A Game-Changer
The Financial Challenges Facing Small Businesses in the U.S. Small businesses are the backbone of the U.S. economy, accounting for 99.9% of all companies and employing over 61 million people. Despite their crucial role, these businesses often struggle with the complexities of financial management. Managing tasks such as payroll, taxes, invoicing, and payments can be […]
Fiji Revenue and Customs Service Announces Tax Amnesty Program
Tax amnesty programs are designed to encourage individuals and businesses to comply with tax laws, without the fear of penalties or fines. In Fiji, the Revenue and Customs Service has introduced a three-month Tax Amnesty Program, running from May 1 to July 31, 2025. The program offers a limited-time opportunity for taxpayers to file overdue […]
Protecting Your ISA from Inheritance Tax
The question of whether ISAs can be protected from inheritance tax (IHT) is a natural one for many ISA customers. With pension pots, currently exempt from IHT, set to become liable for the tax from April 2027, it’s more important than ever to explore ways to shield your ISA savings from the taxman. While there […]
The Push for a Refundable Adoption Tax Credit
The Adoption Tax Credit Refundability Act is a bipartisan proposal aimed at expanding the benefits of the adoption tax credit to more families. This initiative seeks to make the credit refundable, allowing families to claim the full amount even if it exceeds their “tax burden.” A Complex Issue The current tax law allows families to […]
The Imperative for Stronger Corporate Governance in Zimbabwe
The Zimbabwean corporate landscape has been marked by significant vulnerabilities since the early 2000s, prompting a call for stronger corporate governance frameworks that ensure transparency, accountability, and integrity. Roots of the Challenges The economic turmoil of 2003 exposed serious deficiencies in the nation’s fiscal and regulatory systems, ultimately leading to the collapse of numerous companies. […]
Choosing the Right Business Bank Account for LLCs: What to Look For
**The Top Business Bank Account for LLCs: Why Mercury Stands Out** For Limited Liability Companies (LLCs), selecting the right business bank account is a crucial decision that can impact the success of the business. A good bank account should provide more than just a place to store funds; it should support cash flow, simplify administrative […]
Tax Deductions for Seniors : What You Can Claim in 2025
Commitment to Our Readers GOBankingRates’ editorial team is dedicated to providing unbiased reviews and information. Our team uses data-driven methodologies to evaluate financial products and services, ensuring our reviews and ratings remain unbiased and free from the influence of advertisers. 20 Years of Helping You Live Richer At GOBankingRates, we have been committed to providing […]
Factors of Employability for Graduates Progressing Through a Career in Financial Planning in Canada
Financial Planning in Canada is a highly sought-after profession, yet few business and finance graduates choose to pursue a career in this field. This is largely due to the perception that it is a challenging and competitive industry, with many young professionals hesitant to enter the market. No doubt, firms have their own priorities and […]
QuickBooks Nominated as Best Accounting Software for Freelancers
QuickBooks has been named as the best accounting software for freelancers by Software Experts. The cloud-based accounting solution, developed by Intuit, offers a range of features that cater to the evolving needs of independent professionals. The Best Accounting Solution for Freelancers ——————————————————– For many independent workers, managing every aspect of their business operations alone can […]