Our Services
We are a boutique firm but with full range of accounting and taxation services. We care about you pain points and needs, stand in your shoes and recommend services only to suit your needs and help your company grow.
Audit & Review
Audit and review of financial statements in accordance with Accounting Standards for Private Enterprises (ASPE)
Design procedures to streamline the audit/review process
Meeting with BOD or management to discuss weaknesses in internal controls and accounting system that have been identified during audit/review and offer recommendations
Corporate Year-End Services
Preparation of financial statements with reliable and meaningful numbers, as your watchdog, before filing with CRA, to reduce possibility of CRA audit or review
Filing of corporate tax and HST returns with high level of accuracy, abiding by Income Tax and Excise Tax Act
Informing you of current tax status and future tax instalments and other obligations
Pointing out areas for improvement in bookkeeping and accounting system
Offering corporate tax tips
Recommending tax strategies on owner management compensation, bonus plan, intercompany transactions and dividends, and other corporate areas
SR&ED tax credit filings
Responding to CRA review/audit and filing objections or taxpayer relief
Corporate Structure & Tax Consultation
Setting up holding company or family trust - for achieving goals of asset protection and succession through tax-free rollover
Estate planning - for minimizing tax over lifetime and leaving a legacy
Transferring retained earnings and real property used in active business to a sister company - for achieving goal of asset protection through tax-free rollover
Purifying corporate assets - for eligibility to utilize lifetime capital gain exemption ($913,630 for 2022) upon sale of business
Advising on corporate life insurance strategies - to minimize and fund death tax
Passing business to adult children – for achieving goal of business sucession through estate freeze
Bringing in active or silent new shareholders and investors – various options to choose according to your needs
Accounting System
Setting up an online bookkeeping system with transactions imported directly from corporate bank and credit card accounts
Migrating from Excel or QB desktop to QBO and transferring previous years’ data in QBO desktop over to QBO
Offering training to in-house bookkeeper on navigating and performing bookkeeping in QBO
Entering opening account balances in the new system
Setting up bookkeeping system in Excel spreadsheets from the bank csv files
Bookkeeping & Payroll
Bookkeeping in QBO or in Excel spreadsheets with bank csv files provided
Advising on using accounting technologies to save your time on making payments, calculating and paying wages, and collecting and delivering documents to us
Preparing payroll schedules with details of CPP, EI and income tax deduction
Filing T4, T4A and T5 tax slips
Personal Tax Returns
We are still accepting the personal tax clients whose corporate accounts are with us.
Personal tax return filings with the most allowable tax deductions and credits claimed
T1135 for foreign assets declaration, T2125 for self-employed business and T776 for rental property
Informing new tax rules and tax credits on annual basis
Providing T1 Organizer and tax tips right before personal tax season
Tax Filings of non-residents relating to rental operation and disposition of real properties in Canada
Responding to CRA review/audit and filing objections or taxpayer relief
Let Us Help You
We help start-up businesses with clear plan for fast growth, and businesses with annual revenue of over $800,000. We are devoted to add value for your business.