The Balanced Book is a collection of our experienced tips, advice, and updates on matters of finance. Visit us often to see what new things we have to share with you
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Top 10 Common Bookkeeping Mistakes and How to Avoid Them
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Effective bookkeeping is critical for any business, big or small. At Signature Financial, we’re committed to helping businesses in Thunder Bay and across Canada maintain pristine financial records. Here, we outline the top ten bookkeeping errors that we’ve seen businesses encounter, along with practical advice on how to avoid these common pitfalls.
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Financial Planning Post-Tax Season: What to Do with Your Refund
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Each year when the tax season is behind us, many Canadians are not sure what to do with their tax refunds. This financial boost presents an excellent opportunity for strategic financial planning. Whether you’re in Thunder Bay or accessing our services remotely across Canada, Signature Financial is here to offer guidance on maximizing the potential…
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Everything You Need to Know as a First-Time Tax Filer in Canada
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in taxesFiling your taxes for the first time in Canada can feel like navigating uncharted waters, whether you’re a young adult taking this step independently or a new resident familiarizing yourself with the Canadian tax system. At Signature Financial, we’re dedicated to making this process as smooth and understandable as possible. This guide will walk you…
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Common Tax Filing Mistakes and How to Avoid Them
Tax season can be a stressful time for many Canadians, filled with complicated paperwork and deadlines. Even the most organized individuals can fall prey to common filing mistakes. At Signature Financial, we’re dedicated to making tax preparation in Thunder Bay and across Canada as seamless as possible. This guide is designed to help you identify…
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Navigating Canadian Tax Essentials as a Freelancer
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The gig economy is flourishing, and with it, the number of individuals embracing freelance work in Canada is on the rise. Whether you’re a seasoned freelancer or newly self-employed, understanding the tax essentials is crucial to navigating your financial landscape successfully. At Signature Financial, we specialize in simplifying the complexities of freelancer taxes, ensuring Thunder…
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Where Does All My Money Go? Create a Monthly Budget to Find Out!
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Money burning holes in your pockets? Credit card balances giving you grief? Finding it near impossible to actually save? If you’re sick of your money disappearing and want to take control of it, create a monthly budget!
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Should I hire a bookkeeper for my business?
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Is doing your own bookkeeping causing you stress? Hire a bookkeeper! They do this day-in, day-out and will most likely do your accounting work in half the time it takes you. They can also offer advice on implementing better and more efficient systems–saving you time and money in the long run. If you’re ready to…
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Tax Tips to Make Your Accountant Fall in Love with You!
Show your accountant how much you care by following these tax tips that will melt their excel spreadsheets.
