Nexgen Accounting Inc.

If you would like to know how AI will help you and change how you do business record keeping. Please read the professional 's view. #smallbusinesses,#community,#intuitcanada,#intuitAccountants

#NexGenInsights: Can I deduct my cell phone and Wi-Fi charges for my tax? In today’s world, many Gen Z professionals are working side gigs alongside their full-time jobs. A common question is whether cell phone and Wi-Fi costs can be deducted as business expenses on personal taxes. Here are the general rules from Canada's tax requirements: 👉🏻 If you use your cell phone to generate income from your side gig, YES—you can deduct part of the monthly cost. 👉🏻 If your Wi-Fi is used to conduct business for your side gig, YES—you can also deduct a portion of your home Wi-Fi expenses. Since side gigs vary, it’s best to consult with an accounting professional at tax time. Always keep receipts for these expenses throughout the year to make tax filing easier. Follow Nexgen Accounting Inc.'s LinkedIn page for more practical tips on side gig business deductions. ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #SmallBusinesses #Entrepreneurship #GrowthMindsets #TaxTips #SideGig

#NexGenThoughts: Why should professionals focus on GIVING rather than TAKING? In our firm, while we assist clients with financial reporting and tax filing, our culture emphasizes how we treat clients and build trust. People prefer working with someone they trust, who acts in their best interest and helps them achieve their goals. Many professionals push their own suggestions or prices, but our approach is different: 👉🏻 We refer clients to other experts if we can’t meet their needs. 👉🏻 We teach clients how to do tasks themselves to save money. 👉🏻 We aim to transition clients to self-sufficiency or internal resources when appropriate. For more on our impact and our Vision2Reality Foundation, follow us or explore our online community. https://lnkd.in/gaTvRagP ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #SmallBusinesses #Entrepreneurship #GrowthMindsets

Many believe that cloud-based bookkeeping and accounting are the future of financial record-keeping. Most people think it is only for business owners to track profit and loss and know how much tax they must pay. But have you considered keeping your personal financial records? Whether you live alone or with a family, financial stress is one of the top stressors for many people. 💭 Do you know your personal and family financial situation? 💭 Do you know where you spend the most money? 💭 Do you know how much your kid's activities cost in a year? 💭 Do you know how much you pay for groceries each month? If you want that information, we suggest using an accounting app to track your personal income and expenses. At Nexgen Accounting Inc., we ask all our staff to set up a #QuickBooksOnline account for their personal finances. As bookkeeping and accounting professionals, we need to manage our finances with budgets and control spending before providing exceptional service to our clients. Please contact us or follow us for more information on how to set up your family bookkeeping app. ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #SmallBusiness #Entrepreneurship #BookkeepingServices #CloudBasedAccounting #FinancialTips

Happy Canada Day! 🍁 From all of us at Nexgen Accounting Inc., we wish you a joyous and safe Canada Day! As a proud Canadian business, we are honored to serve and support businesses across this beautiful land. Today, we celebrate the spirit of unity and opportunity that defines our nation. Enjoy the festivities and here's to a bright future together! ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #SmallBusiness #Entrepreneurship #CanadaDay #ProudlyCanadian

One essential skill for being a good bookkeeper or accountant is the ability to understand our business clients' needs, identify their key pain points, and develop customized solutions. Even if we serve many clients in the same industry or have been in business for many years, we can't just group clients together and offer the same advice. Each client's business has its own unique needs. That's why Nexgen Accounting Inc. encourages all our advisors to attend the FREE online event below to learn from small business owners' perspectives. #SmallBusinessBC (SBBC) will host a FREE online webinar on June 25, 2024. The panelists are three immigrant business owners from different industries and at various stages of their business journey. They will share their entrepreneurial experiences and how they overcame challenges. Click the link below to REGISTER while seats are still available: 🔗 https://lnkd.in/gU8sbEMU Event Highlights: ✔️ How immigrants are starting and growing their businesses in Canada ✔️ Resources and opportunities from Vision2Reality Foundation and Small Business BC (SBBC) to support your journey ✔️ How to grow your local network through online and in-person networking ✔️ Basics of how to start up in the charity, distribution, import, food, and health industries ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #CommunitySupport #Entrepreneurship #PositiveAttitudes #SmallBusinesses #FreeOnlineWorkshop

Our founder and CEO, Winnie Hsu, MBA, was a panelist at last Monday's Intuit #GetConnected event in Vancouver. The topic was how to hire and build a successful corporate culture. Thank you to other panelists: Rachel Devine, Michelle Nowacki, Jennifer Wilson, and moderator Martha Banner, CPA. Your insights will help other bookkeeping and CPA firms build winning teams. ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #NexGenInsights #SmallBusinessSuccess #TogetherWeThrive #CommunitySupport #CloudBasedAccounting

What a great event #getconnected by Intuit and Intuit QuickBooks in #vancouver on Monday, May 27 th, 2024. I had the privilege of meeting one of my heroes, Chris Hadfield, who was the keynote speaker for this event. After reading many of his books and watching YouTube videos of his talks, I finally met him in person. The inspiration, knowledge and stories shared in this one-day event filled my heart and brain. Thank you Cheryl Manmohan , Andrew Smith and the entire Intuit Accountants team, for being there to learn and network. #togetherwethrive,#entrepreneurship,#community

Join us at this year's Vancouver Startup Week! We are super excited to host two exciting events, starting with: Vision2Reality Foundation - Dawn of Entrepreneurship (Welcome, Breakfast, and Networking!) 🗓️ When: May 31, 2024 at 8:00AM – 9:00AM (PDT) 📍 Where: BCIT Tech Collider, British Columbia Institute of Technology Downtown Campus, 555 Seymour St Start your day with us! Meet seasoned entrepreneurs, grab some breakfast, and get inspired. It is a chance to connect and learn, whether you are new to Canada or just starting out in the business world. Speakers lineup will have our CEOs and Founders Winnie Hsu, MBA and Ryan Ching, together with Kenoma Agbamu, VP of Strategy at Marshall Group. Visit the link below for a full schedule of #VSW2024 and to buy your tickets. 🔗 https://lnkd.in/gV7xKgmh Get a special discount code by signing up for our newsletter or logging into our community! Can't wait to see you there! 👋🏻 🔗 https://lnkd.in/g6SkDiY3 ___ 💜 STAY CONNECTED and JOIN THE COMMUNITY Instagram: @v2r_foundation LinkedIn: Vision2Reality Foundation YouTube: @v2rf Website: www.v2rf.org #Vision2RealityFoundation #VancouverStartupWeek #VancouverInnovators #StartupCommunity #Entrepreneurship #Networking

Attention small business owners and professionals! Don't miss out on Vancouver Startup Week 2024 if you want to get inspired by startups and discover key players in the ecosystem supporting small businesses. Our firm has been backing small businesses and startups for over two decades, offering not just financial record-keeping but also education on financial responsibilities. Connect with us on LinkedIn for additional resources to boost your business. Check out more details on #VSW2024 below: 👉🏻 https://lnkd.in/enp47Jn7 ___ STAY CONNECTED 🔗 www.nexgenaccounting.ca #NexGenInsights #SmallBusinessSuccess #Entrepreneurship #BookkeepingServices #CloudBasedAccounting