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Michel Valbrun Shares Tips With Firms About Asking The Right Questions While Hiring CPA

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Michel Valbrun, CEO & Founder Of Valbrun Group Brings In Value Based Learning For Firms/Entrepreneurs

Michel Valbrun, a reputed CPA, helps entrepreneurs and businesses understand the importance of saving money on taxes and use it as a tool to create wealth. This has helped many of his clients create generational wealth. His multiples of experience in the corporate and accounting firms helped him start his own venture ‘Valbrun Group’ – where he opened his own accounting firm. He is sharing some tips with the firm owners and brand owners on how to ask the right questions when they hire a CPA.

Question #1

Afraid of the IRS? Not suitable then. An individual with the CPA role should be absolutely comfortable and work willing, and try to engage with the idea of handling an IRS audit.

If they are overly nervous about the IRS audits or how they work, find someone else to do the job for you. Some of the tax preparers often advised: “Don’t take this deduction, even though it’s legitimate, because it might raise a red flag and get you audited.” This is a statement that comes from a place of insecurity and unpreparedness.

Question #2

Are you ready to handle IRS communications, if necessary? Hire the best tax advisor who is highly capable to deal with an IRS auditor, not you. Michel shares, ‘I cannot emphasize this point enough. It is highly advisable that you as a business/brand owner don’t converse with the IRS directly. No means no!.’

Be it a simple request or an extensive audit, the IRS could easily flood you with too much information as you are a common man who is unaware of the depth of the knowledge they hold. Your CPA should know this depth even more than the IRS.

Question #3

Have you experienced an IRS audit before? Listen to them carefully. How was their experience with the rendezvous? Ask them a few examples if you don’t understand something. Also feel free to understand how it ended at the end. There can be 100 different scenarios in your case, however, it is necessary to understand how they react in such instances.

Losing an audit means losing a huge refund for the client. In some cases, it means a huge tax refund if the auditor won. In fact, it is better if the taxpayer was better off losing when you combine the two years of tax paid.

Question #4

Do you know how to build a relationship with an IRS auditor? This is a moment changing answer usually. CPA with good people skills can make the IRS auditor feel comfortable and really do their best to coax them. Auditors usually have a really tough job, and building rapport with them can make a big difference in the results.

Keeping proper documentation of expenses can keep the tax return in check. Always ask for a list of the documents you need to keep for emergencies. It’s critical to keep good records. Led and mentored by Michel Valbrun, most small and medium-size businesses can easily reduce their tax burden legally and ethically. To get some tax or finance saving advice from the genius himself, check out Michel’s website and save all your money to create wealth for the upcoming generations.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

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Photo courtesy of: Folks

Byline: Shem Albert

Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.

Provincial Rules Add Complexity

Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.

Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.

Unified Records Improve Accuracy

Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.

Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.

Automation Keeps Provinces in Step

Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.

Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.

Reporting Strengthens Compliance

Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.

Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.

Scalable Payroll for Expanding Businesses

Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.

Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.

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