19-Year Old Customer Uses Clever Trick to MAXIMIZE sales

Fact. The average person spends more than half their waking life on electronic devices.  If your business (salon, restaurant, construction, ANY business) is not online, you are losing BIG MONEY to your competitors. *Tears* Search engine optimization (SEO) and technology is always changing and time consuming and therefore is costly in the wrong hands. *Tears* Not the way to go through life!

Fact. Practically all business owners seek to cut costs when there is a downturn in the economy.  Knowing that everyone else does this… as usual, do the opposite.

Solution.  Thut SwissBooks.  Take advantage that we invested a fortune to let you outsource your online marketing at an affordable rate and watch the dollars come pouring in!

From: Christian Thut

To: Soon-to-be financially independent customers

In the last 10 years (I am 35) I have gone from being penniless to being able not to work another day in my life.  But saving you money and making your journey easier is the reason I STILL LEAP out of bed every morning.

I’ve also read 500 books over this period, brought my bench press up to 300 lbs, and am teaching our 4 year old computer programming.

I’m not telling you these things to brag, but rather to show you what is possible when you leverage technology to scale your business.

If you could do these things too, how much would that be worth to you?

A lot, I’m guessing.

I watched highly skilled customers struggle through business and life because they just could not get people into their door.  Unless you are maximizing your business’s online presence, you will never reach your potential.

IT HAS COST US A  SMALL FORTUNE +  10 YEARS OF TRIAL AND ERROR TO PERFECT OUR TECHNOLOGY…

But you don’t need to spend 10 years and a small fortune to build your online marketing system.

You can do it in just one email.

Why so fast?

Because we have mastered the code and built the technology from scratch.  We’ll secure you a domain, take care of hosting fees, build your mobile friendly website and keep it optimized for SEO.  The content will leverage psychology to make you BIG MONEY selling anything to anyone. We’ll set up e-mail, social media pages and a blog that you can update with photos, and promos.

This package is valued at more than one thousand dollars per month.

But for now* we are pricing it at only $300/month exclusively for our customers.

Why so cheap only for our customers?

Because we benefit from higher accounting fees when we succeed in MAXIMIZING YOUR REVENUE and helping you grow your business over our pricing thresholds based on your revenue!

The SwissBooks Online Marketing Add-On is NOT:

  • a highly customizable graphic design service
  • an SEO service that requires you to maintain your own website and domain hosting

The SwissBooks Online Marketing Add-On IS:

  • standardized and scalable online marketing service
  • value for the money

P.S

I said the package is valued at over a thousand dollars per month- and it is.

This is the typical cost your competitors have been paying.  And we have piloted our technology for e-commerce customers for $995 per month.  Our new offering gives you everything we have been provided to the pilot program minus the online store.  So for the current price* we are charging, you are getting a very good deal only for the fact we are so confident in our system that you will happily pay us higher accounting fees as you watch your revenue soar.

You will easily get 5x the value.

*We are approaching the stage of pulling an *event* and selling this platform (like how we sold our personal tax division). Once our technology is sold, only the customers that adopted the system directly through us will continue to avail of the low cost through us.

Share with someone that could use some advice in this post or save some taxes
For every person you refer we’ll give you a free month or a gift card equal to 1 month of service of your referral – whatever is bigger! Up to to $600!
Anyone you refer gets a free month of bookkeeping!
THUT data capture technology extracts data from bank, credit card and online statements and allows for automatic bank reconciliation.
SwissBooks uses artificial intelligence to locate and extract line item and tax summary data from receipts and exports it into a csv file.
Cleansing algorithms allow it to extracts transactional data that is 100% accurate.
Send us your prior financials and we will prove to you how our value is unrivaled in Canada.
➤➤➤
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Why Do More Edmonton-area Nail Salons Choose THUT Accounting Than Anyone Else?

Có nhân viên kiểm tra thuế (auditor) làm ở cơ quan thuế Canada Revenue Agency (CRA) báo cho văn phòng mình biết là:

  1. CRA có nguyên một đội ngủ chuyên kiểm tra lại thuế tất cả các tiệm nail trong vòng 2 năm
  2. Trong đội ngủ này CRA có nhân viên biết tiếng Việt Nam sẻ giúp kiểm tra và thông dich lại những quảng cáo của những tiệm nails đăng trên Thời Báo (Trả bao nhiêu tiền một tháng và trả ăn chia v.v..). Auditor nói CRA sẽ dùng thông tin này để tìm lại số tiền mặt mà các tiệm Nail không khai báo là bao nhiêu.
  3. CRA đã và đang cho người giả xin việc gọi đến từng tiệm Nail và hỏi có trả tiền mặt hay không để báo lên CRA.
  4. CRA đang kiểm tra lại thuế tiệm Nail là vì có nhiều người trong ngành Nail phản ảnh với CRA vụ cách thức tiệm Nail Việt trả tiên cho nhân viên cho nên họ khong thế cạnh tranh được (ví dụ như tiệm Italian va Lebanese v.v.).
  5. Mua một chiếc xe với giá trị 75% hoặc nhiều hơn số tiền thu nhập hàng năm bạn báo sẽ gây ra một cuộc kiểm toán (audit).
  6. Trong một cuộc audit CRA cũng kiểm tra xem làm thế nào bạn có thể trả tiền mortgage của bạn.

CRA có quyền:

  • Tìm hiểu thông tin từ nơi đăng ký xe (Registry Office )mình có bao nhiêu xe và xe gì
  • Lấy thông tin từ ngân hàng (cá nhân lẩn doanh ngiệp) và thông tin mortgage của chủ tiệm nail
  • Và họ lên City of Edmonton website để coi giá trị của căn nhà của bạn

Chúng tôi đề nghị tiệm Nail phải có hệ thống quản lý bán hàng (Point of Sale system) hoặc ghi lại thu nhập , xem Example – Sales Journal – Month of July hoặc liên hệ với văn phòng THUT cho một mẫu để sử dụng.  Tiệm Nail cũng cần ghi lại tiền TIP trả cho nhân viên hàng ngày bởi vì chủ tiệm nail không cần phải trả thuế và GST trên tiền TIP này.  Để biết thêm về hồ sơ thu nhập : English / Vietnamese.

Trong trường hợp nếu bạn bị kiểm tra thuế thì bạn cung cấp cho Auditor bằng báo cáo thu nhập thì bạn không có vấn đề.

Share with someone that could use some advice in this post or save some taxes
For every person you refer we’ll give you a free month or a gift card equal to 1 month of service of your referral – whatever is bigger! Up to to $600!
Anyone you refer gets a free month of bookkeeping!
THUT data capture technology extracts data from bank, credit card and online statements and allows for automatic bank reconciliation.
THUT uses artificial intelligence to locate and extract line item and tax summary data from receipts and exports it into a csv file.
Cleansing algorithms allow it to extracts transactional data that is 100% accurate.
Send us your prior financials and we will prove to you how our value is unrivaled in Canada.
➤➤➤

Bad Accountants & Management Fees

Willkommen to the first article on our series on terrible accountants and what you need to watch out for before they waste your money and time.

There is 1 of 3 ways to pay money out of an operating company:

  1. Repayment of shareholder loan (not an option when they were already repaid)
  2. Dividends based on shareholdings
  3. Management remuneration (based on fair market value of services rendered)

The shareholders of an operating company in Calgary wanted to pay themselves from their operating company in Edmonton (Op Co) and they paid themselves proportional to their shareholdings.  The 50% shareholder in Calgary took 50% of the payout while the 3 shareholders in Edmonton took 16.67% each.  They have done this consistently over the last 2 years.

The Chartered Professional Accountant (CPA) for the Calgary shareholder called yesterday and insisted that I amend 8 corporate tax returns and 14 GST returns to change the dividends to management fees.

I will have no part in such nonsense as the deductibility of management fees is often reviewed by the Canada Revenue Agency.

  1. Management fees must be invoiced detailing the services rendered at a fair market rate. The 50% payout his customer received is 3X the fair market rate of the actual management fees issued to the Op Co by our Edmonton shareholder.  How could this be possible, when the Calgary shareholder is in Calgary running a different Op Co?
  2. You can not simply invoice the Op Co more than a year later for a round $150,000 including GST with no periodic invoices consistent with the payments received.  The invoice should be the rate x the hours and subject to GST.  There should be a service contract between the Op Co and the shareholders and CRA will look for specific proof of how your management fees were determined. This means detailed descriptions of the work performed for the Op Co.
  3. If the Calgary Chartered Professional Accountant (CPA) got his way, anti-avoidance rules will kick in and the $150,000 management fees will be denied along with more than $50,000 in unnecessary taxes + penalties and interest on the avoided tax.  Arm’s-length management fees that do not meet the requirements of the sections of the Income tax Act can lead to double taxation for which no relief is available.
  4. All regrets in life involve wasted time. This is the only thing you can never get back so never waste a second giving people second chances.  Poor choices reveal poor character.

Below is a link to an article written by me detailing the reasons to use a holding company. This is how we can legitimately save taxes without breaking any laws and end up losing more than you ever bargained for.

Our goal at SwissBooks is to secure our customer’s future and the future of their loved ones. Our business offers a comprehensive services to customers.  We will never sacrifice the long-term well-being of our customers for any ill gotten short-term gains.   We will work with you  to minimize your tax obligation, preserve and protect assets for future generations.  Accounting is beautiful a series of debits and credits that must balance.  There is no such thing as bad accounting- only bad accountants.

Like all people with no value, bad CPAs should be avoided at all costs.  Join my personal vendetta against all the bad CPAs in Canada that hide behind their designations or hide behind their high fees. Their customers automatically associate authority based on the high fees they charge. Bad CPAs: please start behaving or I will start lighting you up on this blog.

Upcoming topics for bad accountants:

  1. Inflating expenses to “minimize” your taxesfake accomplishment, will bite you in the end. I know you can not compete with me, but putting your customers at risk by reporting bogus numbers should put you in prison. ($12,000 dollars of office expenses for a little shop that provides a beauty service? How much pens and papers can you buy for $12,000?)
  2. Paying employees as contractors: learn the difference
  3. Encouraging mindless spending to increase tax-write offsfake accomplishment. Congratulations! Your customer pays no tax; they will also be in financial ruin. Only acquire corporate vehicles or leases if they are required for conducting business.  Ferrying kids around to school? Personal. Get familiar with the metrics, keep business – business.
  4. “Investing” under $500,000 in individual stocks: inefficient waste of time. If you could beat my index fund your time is worth more working on Wall-Street.
  5. Franchises: not worth pursuing unless you are the franchisor.

We can’t be responsible for other accountants irresponsibility.  Our responsibility comes from 10 years of delivery quality, completing files on time, servicing memorably and saving our customers far more money in taxes than any small price difference.

Share with someone that could use some advice in this post or save some taxes
For every person you refer we’ll give you a free month or a gift card equal to 1 month of service of your referral – whatever is bigger! Up to to $600!
Anyone you refer gets a free month of bookkeeping!
THUT data capture technology extracts data from bank, credit card and online statements and allows for automatic bank reconciliation.
SwissBooks uses artificial intelligence to locate and extract line item and tax summary data from receipts and exports it into a csv file.
Cleansing algorithms allow it to extracts transactional data that is 100% accurate.
Send us your prior financials and we will prove to you how our value is unrivaled in Canada.
➤➤➤

Self-made Multi-Millionaire Reveals 7 Swiss Secrets That Helped Him Get Rich

Foreign demand for Alberta’s natural resources contributed to our current situation.  Even THUT Accounting became too specialized in providing accounting to oil-field related businesses, leaving out the other sectors of the economy because of apathy.

Canada’s abundance of natural resources has interesting side effects. The trickle down of wealth erodes productivity and created a nation dependent on Alberta.

Adaptability and productivity stay low while increasing costs, inflation, and unemployment.

Even if you don’t work directly for the oil-sector, you may be adversely affected if:

  1. an increase in your mortgage rate would hurt your finances
  2. your mortgage is more than 2.5-4 times your gross annual household income depending on how much you put down
  3. you don’t have any real skills and think you can succeed in business

7 Swiss Tricks to 7 Figures!

The future will belong to:

  1. People who are the best at what they do through 90% doing & 10% learning.  Hone useful skills that allow you to deliver a service/product that people want and you can create opportunity regardless of the economic environment. Switzerland’s strong apprenticeship system has made it the most competitive country 7 years in a row.
  2. People with money. Strive to save 90% of your income.  Keep 90% of the above in investments and 10% cash. Don’t take this the wrong way, I don’t mean downsize your life. Instead, maximize your income so you are happy living on the other 10%. Follow metrics when buying a home.  Buy your car using metrics for yourself and not prestige for others. 12.7% of Switzerland’s population has a net worth over $1M vs. 1.4% in Canada.
  3. People who leverage technology. Online is the only path to scalability.  Switzerland has no resources but is ranked as the world’s most innovative country.

Paretoprinzip: Maximize the results by minimizing the stuff that don’t count:

  1. Don’t check your e-mail more than 3 times a day.
  2. Stop watching TV, surfing the net,  playing video games, and taking unnecessary vacations.  Make your own life great instead of engaging in escapism. The Swiss love outdoor adventure sport. Make your life so good you don’t need a vacation.  The only legitimate reason someone who is not financial independent should take a vacation is to visit family overseas.
  3. Trim your contact list – cut the complainers because chances are they already lost.

Switzerland has no natural resources, covered by inhabitable alps and can fit in between Edmonton and Calgary! Canada has 20% of the world’s fresh water but a Swiss company is the largest water brand in the world.

Share with someone that could use some advice in this post or save some taxes
For every person you refer we’ll give you a free month or a gift card equal to 1 month of service of your referral – whatever is bigger! Up to to $600!
Anyone you refer gets a free month of bookkeeping!
THUT data capture technology extracts data from bank, credit card and online statements and allows for automatic bank reconciliation.
THUT uses artificial intelligence to locate and extract line item and tax summary data from receipts and exports it into a csv file.
Cleansing algorithms allow it to extracts transactional data that is 100% accurate.
Send us your prior financials and we will prove to you how our value is unrivaled in Canada.
➤➤➤