Your one stop shop.
Accounting or Cloud Accounting Services
Have the freedom and convenience of having your business performance and records at your hands anywhere you go at any time with our cloud accounting services. We use direct bank feeds and smart receipt apps to make the record keeping process hassle free as possible. We do recognize that some of our clients still prefer the traditional method and we help tailor our services based on your business needs. Our accountants can provide you with the following services:
Payroll Source deductions, T4 slips
Incorporation & Business Advisory
There are several advantages to incorporating your business such as decreasing personal liability and being subject to the small business tax rate. We can support you through incorporating your business and provide you with a CRA required minute book including your share certificate, share registry, minutes and resolutions. After incorporation, we will set up your business with the CRA, and ensure that your GST, payroll, and business numbers are ready so that you can begin to focus on growing your business.
Individual & Corporate Tax Filing
We make it a priority to share our knowledge of laws and regulations through planning and education of available tax breaks. We also have extensive experience with foreigners and newcomers and the complexities that carries as it relates to tax implications. We are prepared to support both individuals as well as your corporations tax filing.
Businesses may need a compilation, review, or audit engagement in order to present financial statements to third parties such as shareholders, banks and insurance companies. Users may review the financial statements to assess the business and make a decision on whether to assume new obligations or debts. The level of assurance the business needs will depend on its users and level of assurance they require. We are prepared to provide the following:
Notice to reader (Compilation) : Financial information is gathered and presented in accordance with appropriate accounting framework. No level of assurance is obtained.
Reviews: Analytical procedures and inquiries are made to ascertain whether information within the financial statements is plausible. Limited assurance is obtained.
Audits: Balances are corroborated through various forms of evidence such as source documents and 3rd party confirmations. The highest level of assurance is obtained.
CRA Audit Representation
We understand that dealing with the CRA can be intimidating and can often feel as if you need to accept their rulings. If you have been contacted by the CRA for a net worth assessment or audit, we can represent you through the audit process and help you understand the auditor’s assessment. We want our clients to know that CRA’s proposed tax assessment does not always have to be accepted as is but can be objected or appealed. We are prepared to represent you in your CRA audit to ensure that you are treated fairly.