AI in Accounting and Financing Industry

Artificial intelligence (AI) has transformed every industry and has had a significant impact on the world. Artificial intelligence does everything from saving time to increasing efficiency to automating business in a single step. The most appealing business model in the nearest future.

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Are You Updated With Changes In T2- Corporate Income Tax Return?

Thank you for your support and enthusiasm for the previous article on what’s new and different in the T1 income tax return. Now we’re back with another hot topic: what new changes have been made to a corporation’s tax return.

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What’s New for 2021 T1 Tax returns?

As practicing CPAs, we need to be updated with the changes made by either government or CRA towards businesses. We have to be very active as our one mistake can make millions of dollars loss for the client. Let’s understand what CRA changes in 2021’s T1 return filling program.
Here we mention some changes to keep in mind for the busy tax season.

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Tips on Retirement Planning

Retirement planning is necessary to fulfill the post-retirement expenses which include expected and unexpected expenses and incomes that can affect the life balances. With the proper retirement planning, you can fulfill all your dreams post-retirement which can match the inflation rate and other things. There are 5 key points and you have to make sure that you never miss out.

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How to Build Effective Teamwork at Your Workplace?

To build a good team, the basic requirement is that company needs to provide all the required facilities for the smooth conduct of work. This will significantly attract professionalism and will motivate the staff to work enthusiastically in their designated positions. With the positive environment and open culture, the integrity towards working capabilities of the team will always provide the unexpected results to lead the company into the most profitable position.

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Advantages of Hiring Virtual Accountants/Assistants

Effective Time & Cost Management is one of the most important concerns for CPAs, Controllers and accountants. In this digital age, the best way to resolve this conflict is by creating a Virtual Team that can handle your day-to-day operational work. Though there are numerous reasons why professionals prefer Virtual Assistants (VA) over hiring employees, below are the benefits that will evoke you to take this step:-

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