Our Services
Tax Services
Taxes if calculated and filed effectively can provide significant opportunities of creating value, growth, and returns for both individuals and businesses. As per the recent report, about CA$ 4bn is sitting with CRA in unclaimed cheques and the figures for benefits never claimed are even higher. We aim to understand each client’s profile in-depth before developing a strategy to lower their tax bills/maximize their refunds. Our tax services includes:
Corporate Incorporation, Annual Return filings, and Corporate Taxation.
Personal Taxes, Estate planning, and other tax filings.
Professional Corporate Incorporation, management and tax advisory.
Students taxes, filings, tuition fee claims, and other tax benefits.
New Immigrants - First time tax consultancy, newcomer benefit claims (federal and provinces including child care benefits), day care expense claims, tax filings and advisory services.
Small Businesses - Tax Advisory, Tax computations, HST/GST returns, Year-End adjustments, SME benefits/Credits claims and tax filings.
Seniors Citizens - Taxes for seniors including tax planning for retirement, post-retirement benefits/Credits, taxes and advisory services.
Military and Forces - Tax and benefits advisory services. As a way of saying thanks for your services to the nation, we provide a 50% off our fee to you and your partner (if applying together).
Non-Profit Organizations - Tax advisory related to non-profits, benefits/credits filings, and GST/HST claims.
Marketplaces and Digital Businesses - As more marketplaces and virtual shops are added each day in Canada with point of sale being across provinces of Canada and even internationally, the taxes can be very hectic, complex and time-consuming process. We provide complete tax advisory, calculations and filings for your digital businesses.
Cross-Border - Due to increase in trend of work from home, and cross-border employments between US and Canada, the taxes are becoming complicated. We help our cross border clients understand, compute and file taxes in Canada with ease, comfort and confidence.
Our Services
Accounting and Financial Management
Our accounting and financial management solutions are designed to assist you beyond your bookkeeping needs. We also assist our clients in managing their cloud-based accounting systems and providing advisory services. Our expertise are in the following areas:
Bookkeeping and Record Management
Financial Reporting as per the IFRS’s or GAAP’s
Corporate Reporting as per clients profile and needs
Equity and Business Valuation Analysis
Financial Modelling for M&A Transactions, LBO’s, Sustainable Financing projects and diversified industries.
ERP implementation assistance to our clients with data loss management planning and solutions
Year-end and Prior period adjustments and advisory
Non-Profit Financial Reporting and Management
Investment appraisals
Business Plans and Reports for start-ups, projects, and investment purposes
Our Services
Payroll Management
Payroll management is a time-consuming and complex area for any business regardless of the size and regions they operate in. With the growing demand of work from home, the employee residential status has caused issues with taxation as provincial taxes differs across Canada. In-house management and outsourcing to expensive solutions can cost thousands of dollars each year to small businesses. Therefore, we have designed solutions that meets customers needs while they only pay for the level of service required and per employee. This allows clients to avoid any fixed costs, or other hidden costs and doesn’t have to be bounded for expensive monthly or annual plans. Our payroll management helps client with the following areas:
Accurate calculations of Base Salary depending on the pay cycle clients have opted.
Accurate calculations of the Federal and Provincial taxes applicable based on the employers and employees residential establishment.
Accurate calculations of Vacation Pay where applicable.
Calculating EI and CPP premiums for both employees and employers where applicable.
Calculating impacts of taxes on overtimes, bonuses, gifts and other non-cash benefits such as lower interest rate loans, educational grants etc.
Calculating the Statutory holiday pays, accounting for unpaid vacations and workers remittances.
Advisory on tax implications and options for short-term and long-term disability leaves, insurance premiums, and EI Claims.
Payroll management for recording employee records, generating T4 slips, and managing pay deposits for the pay period.
Our Services
Personal Finance
Personal financing is an area that has seen a significant growth over a decade. Either you are looking for newer investment opportunities, creating your own financial portfolios, want to run your own business, need a successor plan, or want to create a saving pool for your retirement, we can help you with our Personal Finance advisory services. Our range of advisory services are listed below:
Professional corporations for tax purpose - If you are a registered nurse, doctor, lawyer, accountant, dentist, architect, or veterinarian you may be eligible for special purpose corporation that can help you manage your finances through reduced taxes and tax deferral schemes.
Creating a start-up - You may be eligible for Federal, Provincial or City governments grants and benefits for starting up business. We can help you with creating business plans and report for the purpose of presenting investors, business angels or government bodies.
Estate Planning - Inheritance and Successor planning can be stressful and complicated. We can help you with advisory services related to tax implications depending on timing of transfer and how much you may have to pay for transfer of assets. This includes properties, life insurances, and other financial instruments that you plan to transfer.
Portfolio Management - Many individuals are looking for alternative portfolio management as they can’t get the desired returns despite paying hefty fees to portfolio managers and banks. We have helped clients in the past by providing advisory and insights to latest market positions leading to much higher returns and lower management fees. We also help clients in designing a portfolio mix of mutual funds, equity fund using RRSP’s and TFSA’s to maximize returns with minimal tax implications so they can reach their financial goals faster and with confidence.
Life Events - Either you want to buy a new car, a first home, Life insurance policy, or investment properties for sure you will have doubts and concerns regarding taxes and benefits you may avail. In order to make it a peaceful and smooth process we can help you with all taxes and budgeting planning. So, you can be confident in making the major life decisions and save money and time that matters.