Twelve Beans Accounting

Upcoming dates to remember for Canadian tax filers:

If you have employees:
February 28, 2020 – file 2019 T4 Summary and T4A Summary with the CRA and give your employees their copies of the T4 and T4A slips.

If you pay income taxes in instalments:
March 15, 2020 – Make your first 2020 payment.

A link to the TED talk about how to manage the intrusive thoughts about work in your free time - very good advice!

https://www.ted.com/talks/guy_winch_how_to_turn_off_work_thoughts_during_your_free_time

How to turn off work thoughts during your free time Feeling burned out? You may be spending too much time ruminating about your job, says psychologist Guy Winch. Learn how to stop worrying about tomorrow's tasks or stewing over office tensions with three simple techniques aimed at helping you truly relax and recharge after work.

Burnout. You have probably heard this word and most likely experienced it at work, running your business. This is not a new thing, but it is getting more attention recently. And it is a good thing - having good mental health is as important as having good physical health.
I recently watched this TED talk about how to help yourself when you find thinking constantly about your business in your free time. No surprises here, such constant worry

Twelve Beans Accounting now takes appointments on their Page.

Twelve Beans Accounting updated their website address.

I am a Pro-Advisor with QuickBooks Online - if you are interested in finding out how QBO can benefit your business, PM me for a free consult.

What is the best time to outsource payroll? Or change a payroll provider?

As you can guess, year-end is the best time. The annual payroll ledger will be closed, all the payroll taxes are paid, and you can turn a new page with your payroll.

Why would you want to outsource payroll? Apart from the time-savings, the most important factor is accuracy. It is hard to stay on top of all the changes in legislation, tax rates, deductions, if you do it yourself. And mistakes in payroll can be costly for your business, lead to the employees' unhappiness, and take your energy away from your business.

With the dedicated payroll provider, you get a support from a specialized team who uses most up-to-date rates and deductions, focuses on accuracy and correctness, and can help with your questions.

Since your time and your energy are limited resources, perhaps it is time to outsource your payroll, or look for a payroll provider who is a better fit for the needs of your business.

Contact me today for a free consultation on your payroll needs.

Twelve Beans Accounting's purpose is to make accounting and tax simple, efficient, and stress free for your small or medium business, using the best cloud technologies and expert knowledge.

Services:

Accounting services with QuickBooks Online
Payroll with Wagepoint
Electronic documents with Receipt Bank
GST / HST returns and income tax returns
Financial reporting
Cash flow forecasts
Budget preparation
Customized setup in QuickBooks Online
Virtual Controller

Let's start with the free consultation - book yours here: https://calendly.com/twelvebeansaccouning/free-consult

About:
With 15 years of hands on experience in all aspects of accounting and finance, Sophie can help you to get your books in order and be tax-compliant, , produce financial reports with information relevant for your decision making, establish and maintain procedures to minimize risk, and manage your cash - in other words, to support your business with a Controller role. She is a CPA, CGA (Canada), has a MA in Economics and holds QuickBooks Online certifications. When she is not perfecting the numbers, she can be found at her loom, weaving, or in the garden.