Complete and organized records will:

● help you identify the sources of your income;

● remind you of expenses you can deduct and tax credits you can claim;

● make it easier for you to determine your taxes owing;

● provide you with information on the past and present financial positions of your business or other organization;

● help you make good business decisions;

● assist you in getting loans from banks and other lenders;

● possibly help you in selling your business or bringing in new partners.