Author: lynchsaccounting

Are you a business owner? If you answered yes, you must be familiar with bookkeeping, which may be a difficult

Slow-paying employee reimbursements can lead to resentment, fraud and lost opportunities. Take these simple steps to pay employees quickly and

Business expenses that are reasonable and paid out to earn income are deductible for income tax purposes unless disallowed by

For all businesses, especially small businesses, robust financial reporting is essential. Messy books can make or break a business’s future.

Taxes aren’t just a once-a-year phenomenon. Filing taxes begins with a plan and a daily routine. If your goal is to learn

As a general rule, corporations resident in Canada are subject to Canadian corporate income tax (CIT) on worldwide income. Non-resident corporations

Every business owner needs to keep accurate and timely accounting records, so good bookkeeping is a vital part of the

Starting a business or side hustle in this unexpected industry can unlock financial and location freedom. The question is: Which

It’s important to periodically take stock of your business status, but don’t wait until the end of the quarter or

Amid concerns about inflation, rising interest rates and potential looming recession, finance leaders are winding down 2023 with cautious and