Toronto accounting, which has been in business for more than ten years, once again proudly introduces to you a simple concept and simple execution. As long as you pay a little attention and prepare a reasonable reimbursement procedure, your small and medium-sized enterprises will greatly reduce the risk of audits.
What is the secret? It is actually the "reimbursement system".
SME owners, you must fully realize that although you are the boss of the company, you are also an employee of the company. You and the SME you founded are two independent legal entities. Although you can control the company's decisions, the company's money and your personal money are two different things.
Implementing the reimbursement system step by step will make this clear to you and minimize the risk when the tax bureau audits are clear.
