Accounting

ESTABLISH GREATER PROFITABILITY AND BUSINESS EFFICIENCY!

Your business’s profitability and operational efficiency are at the center of your business’s success!
Our experience, resources, and attention to detail make our accounting services second to none. As an experienced accounting team, we look forward to the opportunity to help transform your business’s financials as we work with you to establish short- and long-term strategies for growth and profitability.

WORKING WITH US AND ENLISTING OUR BUSINESS SERVICES COULD MAKE ALL THE DIFFERENCE!

Whether you need help starting a business, cleaning up your bookkeeping, setting up QuickBooks, handling payroll, or crave some much-needed business coaching or other strategic consulting, we have been doing this for years and stay on top of all of the new regulations to help you take the most advantage possible. Legally, ethically and profitably.

We work with our clients in a relational way to help them experience the financial success they desire, whether the business is just an idea, relatively new, or a well-established entity. Whether small, large, or in need of some special attention, we have the experience you need so that you can focus on what your business does best.

 

Accounting Done For You

Don’t waste your valuable time on bookkeeping and finances. Give yourself time to do what you do best.

Accounting for Corporations

Corporate accounting is a core function that holds immense importance, regardless of whether you run a single professional corporation or manage a team of 10 employees.

HST Filing for Businesses

In the early stages of business, HST to actually mean money back in your pocket, and that is because businesses are not required to pay HST on items used for business.

QuickBooks Services

Save time AND money with QuickBooks.

Accounting Rates

With our specialized accounting packages, you can rest assured that your corporation’s financial health is in expert hands.

Ontario Corporate Tax Rate: Your Complete Guide

If you run an incorporated business in Ontario, two numbers define your corporate tax obligation before any deductions or credits enter the picture. Understanding which rate applies to your corporation, and why that number can shift from one year to the next, is the...

Back Taxes in Canada: What You Owe, What Happens Next, and How to Fix It

Finding out you owe back taxes to the CRA is one of the more stressful financial situations a Canadian can face. Whether you missed a filing deadline, underreported income, or simply could not afford to pay what you owed at the time, the situation does not improve by...

Alberta Corporate Tax Rate: What Every Business Owner Needs to Know

If you run an incorporated business in Alberta, you are operating in one of the most tax-competitive environments in Canada. Understanding exactly what rates apply to your corporation, how the federal and provincial rates interact, and what filing obligations come...

Line 10400 on Your Tax Return: Other Employment Income Explained

Most Canadians know their T4 slip covers their employment income. What fewer people realize is that there is a separate line on the T1 return specifically for employment income that never appears on a T4 at all. Line 10400, labelled Other Employment Income, is one of...

Incorporating in Canada: What It Actually Costs and Whether It’s Worth It

Every year thousands of Canadian sole proprietors and freelancers ask the same question: should I incorporate? The answer depends on where your business is, where it's going, and whether the benefits outweigh the added costs and obligations. This post breaks down...

Line 15000 on Your Tax Return: Total Income Explained

Line 15000 on your tax return in Canada is your total income for the year, every dollar earned from every source, combined into one figure. It is not limited to employment income alone. It captures self-employment earnings, pension payments, rental income, investment...

Self Employed Taxes Canada: What You Need to File, Pay, and Claim

Running your own business in Canada means the CRA is not your employer's problem anymore. No one is withholding income tax from your pay, remitting CPP on your behalf, or handing you a T4 at year end. All of that falls on you. Understanding how self employed taxes...

Capital Gains on Inherited Property in Canada: What You Need to Know

Inheriting property in Canada comes with a common misconception. Many people assume that because Canada has no inheritance tax, there is no tax to worry about at all. That is not accurate. While Canada has no inheritance tax, capital gains tax is applied to inherited...

Fiscal Year in Canada: How to Choose the Right Year-End for Your Business

One of the first decisions a newly incorporated business makes in Canada is one that most owners do not spend nearly enough time on. Your fiscal year end date affects your corporate tax deadlines, your cash flow planning, your GST/HST reporting schedule, and your...

PREC: The Tax Advantage Every Canadian Real Estate Agent Should Know About

If you are a real estate agent in Canada earning strong commission income and still operating as a sole proprietor, there is a good chance you are paying significantly more tax than you need to. A Personal Real Estate Corporation, commonly known as a PREC, is a...

How You're Missing Legal Tax Deductions

Here's a certain truth: most Canadians pay more tax than they need to. Not because the rules are unfair, but because legal deductions and credits go unclaimed every year.

The good news is that with the right accounting support, you keep more of what you earn while staying fully compliant with the CRA.