Vesna Consulting - Financial statements preparation

By: Vesna Consulting  09-12-2011
Keywords: corporate tax, Accounting Books

Every company needs to know how well it is doing on the market, no matter what the market of the operation is. While this knowledge can be obtained from accounting software, it requires a very accurate set of accounting books and being current with changes in various regulations (including legal and tax). By employing a professional accountant you significantly reduce the risk of misunderstanding your business records and misleading yourself.

On top of preparing a set of financial statements (balance sheet and income statement) for your company we also file a corporate tax return. Most of the small businesses actually are required to have a set of financial statements in order to prepare information for a tax return.

Keywords: Accounting Books, corporate tax,

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Vesna Consulting - Tax preparation

While it is not mandatory to file a tax return, it is highly recommended to avoid late filing fees and penalties if you owe taxes to the government. The usual deadline for filing personal tax returns is April 30th each year, although under certain circumstances it may be extended to June 15th. Corporations are also recommended to file a corporate tax return on time even if there are no taxes to pay.


Vesna Consulting - Services

Most of start-ups today cannot really afford a full-time accountant or a financial manager, who would orchestrate and control the financial viability and decisions of the company. We will gladly advise on ways to maintain your accounting books on your own, as well as develop a process that you can use for your financial reporting in the future. Reducing costs does not have to be difficult for a start-up big or small.