Voluntary  Disclosure Program (VDP)

• Through the VDP,  the CRA encourages you to come forward and correct your tax affairs
• You may file a disclosure to correct inaccurate or incomplete information, or to provide information you may have omitted in your previous dealings with the CRA
• You can also make a disclosure anonymously. This method is called the “no-name” method. However, you will have 90 calendar days to provide the identity of the taxpayer involved

 Prior Years Tax Returns

• We can assist you in filing for your previous years tax returns and update your tax records with the CRA.
• It is always best interest of the taxpayer to file his tax return in timely manner. However, if due to number unavoidable factors like  death, health issue, lack of information, out of town/country, etc. these were not filed. We can assist in the best possible way to discharge this obligation.

Compilation Engagement-Notice to Reader

•  The “Notice to Reader” part is a report attached to the Financial statement by the accountant. No assurance is provided to the reader and the accountant compiles the financial statements solely from information provided by the management.
• The purpose of notice to reader report varies and normally every active business in Ontario  require this service and may file with their corporate tax returns.
• The compilation financial statements will usually consist of a balance sheet, income statement and some limited notes. However, no expression of assurance is provided under this engagement.

Corporate Taxation

•  Prepare and E-filing of corporate tax returns  of federal and provincial with a professional approach
• How to minimize corporate taxes through better tax planning with the Objective to legitimately pay the minimum amount of tax as possible within the jurisdiction of the law.
• Best Approach for Business Combinations and Corporate Reorganizations
• How to claim your Scientific research and experimental development (SRED) tax credit and refunds
• How to fully comply with corporate legal and tax laws & regulations

Personal Taxation

Preparation and E-filing of  personal tax returns both federal and provincial including the following:-

• Newly immigrant to Canada
• Tax filing of Deceased Tax payer
• Tax filing of non-resident
• Tax filing at the time of departing from Canada
• Section 216 tax returns

• Estate Planning
• Income Splitting
• Claiming of various expenses and non-refundable tax credits

Accounting & Booking Keeping

• Wide range of computerized book keeping services including maintenance of Accounts Receivables(AR), Accounts Payables (AP), General Ledgers(GL and Bank reconciliation statement till to Preparation of Financial Statement
• Offers both onsite and off site cost efficient book keeping services
• Migration and conversion of your legacy system to the new system
• Analysis of significant ratios and suggestion for process improvement and cost cutting.

Payroll and Other Services

•  Offer complete payroll solution which is cost effective, judicious, reliable, secure and proficient with flexible input methods
• Weekly, Bi-weekly, monthly payroll processing
• Payment mode either through cheque or direct deposit
• Various Payroll deductions like CPP, EI , Income tax etc. Government remittances and compliance
• Issuance of T4 , T4A ,  summary, and Record of Employment (ROE)
• Filing of GST/ HST returns and compliance with law
• Registration , payment, and compliance with Workplace Safety and Insurance Board (WSIB)  and Employer Health tax (EHT).

Consulting Services

Writing up of business plan including Financial planning either for internal or external purpose.

• Cash flow projection, budgeting, forecasting and variance analysis
• Strategic Decisions like incorporation of business or not and incorporating services including federal(by name or number corporation , provincial and business name registration .

CRA and Audit Appeal

• We  assist  our clients to resolve their  any tax issue  with CRA and work closely on behalf of client during audit by the CRA.
• Also assist in filing  an appeal against any assessment and reassessment made  b y the CRA. The time limit for filing an objection is 90 days from the date on the notice.