Tax News & Articles

Nanaimo Accountants: Top Reasons to Hire One for Your Business

October 2nd, 2020
Are you thinking about hiring an accountant for your business? If you are an entrepreneur, a startup, or a business owner, you know that every dollar counts. Which is the exact reason why your business should consider hiring an accountant. An experienced accountant is much more than a bookkeeper, they’re tax advisors, financial experts, business analysts, amongst many more. To help you decide, check out these top reasons why your business should consider hiring an accountant:

Maximize Your Deductions

Our experienced CPAs have the knowledge and accounting expertise to help you maximize all of your small business deductions. Working with you, our Nanaimo accountants review your expenses and identify potential tax deductions throughout the year and advise on what strategic decisions your business can make for year-end tax deductions. Our expert accountants will also support you by identifying tax credits and deductions in the operations of your business you may not have known you were eligible for, thus ensuring your business takes advantage of every deduction opportunity possible.

Help You Avoid Audits

The last thing you want is your business to get audited. While DIY tax software can be convenient, it can't replace the expertise or knowledge a CPA firm can provide you. Businesses get audited for a variety of reasons, such as mistakes made on tax forms or questionable write-offs. By partnering with a professional Nanaimo accountant, our experts can help you manage your business from the beginning and assist you in keeping detailed records, reporting all business income, advising on business expenses and ensure that all required CRA forms are filed for when tax season rolls around.

Streamline Your Business Growth

Whether you’re just starting a small business or have an existing one, our Nanaimo accountants can help you take your business to the next level. As financial experts, we can help you better understand financial forecasting, manage your business expenditures, handle complex accounting tasks, and make informed, calculated decisions that will help you boost your business growth and plan better for the future.

Save You Time and Energy

As a business owner, you want to focus on running your business, not managing things like employee payroll or preparing financial statements. After all, time is money. Our Nanaimo accountants can help free up your time so you can focus on doing what you do best. As your accountant, you can depend on us to take over time-consuming financial tasks such as paying bills, managing employee payroll, keeping and maintaining financial statements, and providing business advising services. 

Hire the Professional Nanaimo Accountants of Cross & Co.

Does your business need an accountant? At Cross & Co, we service businesses across Vancouver Island, including Nanaimo, Ladysmith, Parksville, Qualicum, Port Alberni, Duncan, and Lake Cowichan. If you have a business in need of bookkeepingcorporate tax services & accounting, or business advising services, contact us by booking an appointment today!

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