Services
Our firm offers a wide range of services to our individual and business clients. Our clients benefit from personalized, quality service that is customized to their specific needs. Some of the services that we offer include:
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Tax Planning
Income taxes can take almost half of our earned income in a year. It is our goal to minimize the taxes that you pay. Some of the decisions that we can assist you with include:
- Whether to incorporate or not to incorporate.
- How to efficiently draw money out of your business.
- Whether to buy or lease a car or other piece of machinery.
We have over two decades of experience and are well connected to a network of tax professionals who can assist in specialized areas such as estate planning, corporate restructuring and the preparation of legal documentation for estates and trusts. Our service comes to you prepared for any tax-planning contingency.
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Preparation of Annual Financial Statements
Financial statements are the most important documents prepared by your accounting system.
- They inform you about the profitability of your company and are used in the calculation of income and other taxes payable.
- They provide both you and your bank with information necessary to make credit decisions.
Alternative accounting treatments may have consequences in the amount of tax your company has to pay; the way it is regarded by financial institutions; or the value attributed to the business in the event you want to sell it or take on a partner.
We can assist you by clarifying the available options and the likely results of choosing any particular course of action. Not only can we insure that your statements are accurate, but we can communicate the information in a way that is easily understandable – even to those with limited financial experience.
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Preparation of Tax Returns
- Personal Tax Returns
- Estate Tax Returns
- Corporate Tax returns
Not everyone has a business, but if you are working or have different sources of income you must file tax returns.
Our office has been assisting both individuals and corporate clients file their taxes for over two decades. Our goal is to minimize the taxes paid by you. The benefits of using a tax professional will far outweigh the cost.
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Business Financing
Our office has been assisting clients in obtaining financing since our inception in 1991. Achieving credibility with a financial institution is critical to your success. Failure to properly finance your operations will inhibit your company’s ability to grow. Our office can help you to obtain this credibility through:
- Providing professionally prepared, credible financial projections.
- Assistance with a clear and credible business plan.
- Preparation of accurate financial statements
- Professional liaison with your banker
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SRED Claim Preparation
Over the years and through our affiliated entities we have gained considerable expertise in filing SRED claims. The claim has essentially two components,
1) The accumulation of costs and preparation of tax filings for qualified projects.
2) The preparation of a technical submission detailing the technological uncertainties that confronted the business and innovations developed in resolving those uncertainties.
Let our office help you wade through the rapid changes in this area of tax legislation.
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Accounting and Bookkeeping Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger and financial statement preparation
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- Payroll administration
- Preparation of T4’s and T5’s
- Compilation and review of financial statements
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Reviews and Compilation Engagements for Financial Statements
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all the review and compilation levels of assurance:
- Audit - an intensive examination with the highest level of assurance
- Review - some analytical procedures conducted with limited assurance
- Compilation – lowest level of assurance and used primarily for income tax purposes.
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We look forward to serving you. Please contact us to set up a consultation to answer any questions or concerns and to find out how we can help with your accounting needs.
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