Tax season can be a stressful time for many business owners in Ontario. You may wonder how to maximize your tax return and reduce your liability. The good news is that with a little planning and organization, you can ensure that you’re taking advantage of every deduction and credit available to you.

When it comes to accounting and taxes, clients have many questions, but they often find answers difficult to come by. Misic Accounting wants to arm you with the most accurate information available to help you deal with tax issues, and to do this, we’ve answered some of the most frequently asked questions about your taxes.

Misic Accounting wishes you and your family a happy and safe holiday season and all the best for the New Year 2023!

We would like to inform our clients that we will be closed from December 26, 2022, to December 31, 2022.

Starting a new business is exciting, as you get to be the boss, make all the crucial decisions, and keep a large portion of the profits. However, often entrepreneurs are not prepared for the rollercoaster ride of starting up, which includes managing cash flow, creating awareness, and chasing up debtors. Therefore, weighing up your options before jumping in with both feet is vital.

Bookkeeping is an essential part of filing for taxes and can be quite a tedious task if one has taken it upon themselves to take care of their finances. It expects one to analyze the data and accurately track financial transactions. 

Are you tired of getting a large tax bill at year-end? Tired of spending countless hours piecing together receipts at year-end to frantically try and finish your tax returns on time? And correctly?

Maintaining proper accounting and bookkeeping processes gives reliable measures of your business’ performance. So it is safe to say that your company’s growth and success hugely depend on it.

Whether you run a small, mid-size, or large business, bookkeeping plays an integral part. Bookkeeping refers to the process of organizing and maintaining financial data and transactions to help you run your business smoothly and efficiently. 

Every industry has its language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific sector, and the accounting industry is no exception.

Misic Accounting wishes you and your family a wonderful Holiday Season and a happy, healthy, and peaceful New Year 2022!

We are delighted to announce the launch of our new website!

New Website Coming Soon!