Most small business owners waste valuable time attempting to do payroll and maintain books of their business when the time could be far better spent focusing on the service or the clients your business specialize in. The successful small business owner knows to spend more time on generating more profit. Leave the tedious, time-consuming job of bookkeeping to the professionals! Monthly, quarterly or yearly, depending on the size of your business and your specific needs, we will take care of the following services : Financial Statements :
Compile your information and prepare financial statements.
Analyze all balance sheet accounts for reasonability.
Make sure to discuss and remove any red flags before filing the financials.
Accounting and Bookkeeping :
Make sure everything is recorded accurately
Reconcile bank and credit cards
Record cash expenses or purchases
Record Accounts payable and accounts receivable
Record asset purchases or sold
Record business purchases or sold
Record long term loans.
Record amortization (Depreciation) on assets
File HST, WSIB, EHT returns
Perform other general accounting functions
Process payroll and issue cheques or direct deposit.
File monthly payroll remittances with CRA
Issue any ROEs or setup new employees.
Make sure we don’t leave any money on the table for CRA to take.
Prepare corporate tax return and file electronically
Prepare business owners’ personal tax returns and file electronically
Answer any CRA tax inquiries on your behalf
Yearly tax planning to maximize tax savings
If you are behind paying taxes we can negotiate tax payments with CRA
If you are behind filing your taxes we can prepare and file on your behalf
If you are facing an audit, we can represent you and communicate with CRA
If you are facing an inquiry from CRA, we can answer on your behalf