Accounting that changes at the speed of business YOUR LOCAL CALGARY BUSINESS TAX PROFESSIONALS

 

Financial Statement Preparation, Year End Compilations and NTR’s (Notice to Reader)

As Chartered Professional Accountants, our accounting professionals are ready and able to compile your annual financial statements. If you use or need any bank financing for your business, they will likely want to see professionally prepared financial statements, and maintaining accurate and current financial statements will enable you to be in a better position to minimize financing costs and ease the process of obtaining business financing if and when you need it. Professionally prepared financial statements also help you to understand your business’ strengths and weakness, assess profitability, and perform year over year comparisons to better understand where your business is going.

Corporate Tax Filings (T2 Returns), Personal Tax Filings (T1 Returns) & Dividend / Investment Income Returns (T5 Returns)

As Benjamin Franklin said, “In this world nothing can be said to be certain, except death and taxes.” Timely filing of your corporate and personal tax returns is just a necessary annual requirement of running your business. Our Chartered Professional Accountants will competently complete both your corporate and personal tax returns so as to legitimately minimize taxes payable, including preparation of both your T2 Corporate Returns, T1 Personal Returns, electronic filling of both returns and relevant tax planning to structure your affairs so as to minimize taxes payable. Are you late on your tax returns? We are also here to help you get current on any late filed returns and catching up any back taxes. We can help with any problems including representing you in a CRA audit to help resolve issues on your behalf, or filing before the CRA comes calling to help you avoid late penalties.

GST Returns

All business’ in Canada with more than $30,000 in sales revenue in either a single quarter or prior 4 quarters cumulatively must collect and remit GST. We can handle computation, preparation, and filing of applicable reports, filings and returns to the Canada Revenue Agency (CRA).

Payroll Filings (T4 and T4A Slips and Summaries)

While we can also help with regular payroll maintenance (see information here). We can also help with your annual reporting to the CRA including preparing your employee’s T4 and T4A’s and preparing and filing your T4 slips and summaries with the CRA.