If you enjoy working with numbers and helping people strategize, a career in accounting is an excellent fit for you. That said, this industry is usually intense but gives you the flexibility to stay small or grow big, depending on your lifestyle and preference. In addition to this, there are several benefits to a profession in accounting that you’re guaranteed to enjoy! However, before you decide to become an accountant, the experts at Real Balance Accounting Services Ltd. suggest that you get to know the prerequisites of this occupation. To help you with this, we have explained in this blog what you need to know before choosing a career in accounting.

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Jamie Golombek

Original Article Posted on:   May 14, 2021  

Link to Original Article:  https://financialpost.com/personal-finance/taxes/death-taxes-and-your-rrsp-what-you-need-to-know-to-minimize-the-tax-hit-to-your-estate

Managing your company’s money and examining its financial condition is a vital part of running a business. With your finances accurately recorded, you know exactly what your income and expenses are. However, though you may be an expert in your line of work and can handle most of your operations and administrative tasks on your own, accounting can be trickier to manage.

Original Article Source Credits: The Motley Fool, https://www.fool.ca/

Article Written By: Puja Tayal 

Original Article Posted on: 31st May 2021

Link to Original Article: https://www.fool.ca/2021/05/31/canada-revenue-agency-is-the-crb-extension-coming-in-june/

Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/

Article Written By: NA

Original Article Posted on: 27th May 2021

Link to Original Article: https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/

As a small business owner, your main aim would be setting up your business’s position to dominate the current market with a product or service that customers need. However, as you concentrate on building your company, you may find that the administrative aspects of your firm, like accounting, become time-consuming. When such a situation arises, you must hire an accounting firm to ensure all your financial activities are appropriately managed and documented. These professionals will also offer various accounting advantages, suitable solutions for your business, and free you from all your financial hassles, provided you choose a firm that matches your expectations. You need to go through reviews you find online and speak to people who’ve worked with them.

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rebecca Hett

Original Article Posted on:  May 14, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/what-the-disability-tax-credit-means-for-eligible-canadians-and-their-families/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Mark Burgess

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/closing-canadas-tax-gap-would-raise-about-3-billion-report/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff

Original Article Posted on:  April 7, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-tax-tips-for-the-self-employed/

Due to the pandemic, many enterprises are using online tools to transform their processes which is enhancing communication and operations. Another area where virtual technology has played a favorable role after the outbreak of COVID-19 is accounting.

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rudy Mezzetta

Original Article Posted on:  April 19, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/feds-propose-expanding-eligibility-for-disability-tax-credit/

As experienced accountants and bookkeepers in Richmond, BC, at Real Balance Accounting Services Ltd., we help small business entrepreneurs focus on growth while we run their back-end accounting and administrative tasks smoothly.

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Adam Othman 

Original Article Posted on:  March 2, 2021 

Link to Original Article:  https://www.fool.ca/2021/03/02/cra-big-tfsa-rrsp-and-cpp-changes-in-2021/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:   Jordan Press, The Canadian Press

Original Article Posted on:  December 15, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/as-anxieties-grow-over-cerb-notices-qualtrough-says-no-requirement-to-repay-now/

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2021-01-12

Link to Original Article:  https://www.canada.ca/en/revenue-agency/campaigns/taxes-get-ready.html

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  NA

Link to Original Article:  https://www.canada.ca/en/revenue-agency/campaigns/taxes-get-ready.html

Original Article Source Credits: Yahoo! Finance, https://ca.finance.yahoo.com/

Article Written By: Aditya Raghunath

Original Article Posted on: 4th December 2020

Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-reduce-tax-183018817.html

Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/

Article Written By: Mark Burgess

Original Article Posted on: 8th December 2020

Link to Original Article: https://www.advisor.ca/tax/tax-news/tax-options-for-pandemic-spending/

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Christopher Liew

Original Article Posted on:  October 26, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-2-crucial-124522648.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Curtis Davis

Original Article Posted on:  October 30, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/tax-planning-in-a-unique-year/