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.

We understand just how crucial proper accounting is for your corporation’s success. It serves as a safeguard against costly mistakes that could result in hefty fines and penalties from the Canada Revenue Agency. With our dedicated accounting team managing your corporate finances, you can rest assured that taxes, HST filing, and quarterly reporting will be accurately handled, allowing you to make the most of every financial opportunity.

Our expert corporate accounting services offer you complete visibility into your corporation’s financial landscape, enabling you to plan effectively for the future. By maintaining precise financial record-keeping, you can also minimize the risk of time-consuming and expensive CRA audits while safeguarding against potential losses due to overspending or employee theft.

Let us be your reliable partner in ensuring the financial health and prosperity of your corporation. Contact us today and experience the peace of mind that comes with having a professional accounting team by your side, supporting your business every step of the way. Trust us to help you steer your corporation towards a prosperous and thriving future.

Our corporate accounting packages start from $330/month and include all of the essential business financial requirements such as;

  • HST Filing
  • Quarterly Reporting
  • Annual Tax Filing
  • Audit Proofing
  • Payroll and more…

All of our services are completely customizable to fit your corporation’s needs!
Please feel free to  contact us  by phone or email to get started or to answer your questions on how we can save your business money and time.

CLICK HERE TO VIEW WHAT EACH OF OUR BUSINESS ACCOUNTING PACKAGES HAVE TO OFFER

Free Advice on Capital Gains Tax: What Canadian Owners Should Know Before They Sell

A signed offer on a rental property, a buyer for the corporation, or a stock position that has finally doubled: the moment a large gain becomes real, the tax question arrives quickly. Most people search for free advice first, and most of what they find is either...

Real Estate Tax Planning Strategies: The Two Rules Most Guides Skip

Most articles on real estate tax planning in Canada lead with the same list: claim your CCA, split income with family, hold through a corporation. That list is not wrong, but it skips two rules that can undo an otherwise solid plan, one that applies the moment a...

Non Profit Bookkeeping in Canada: The Rules That Don’t Apply to a Regular Business

A small non-profit's treasurer once told us they weren't worried about CRA filings because they weren't a registered charity. That's true as far as it goes, but it's also exactly the kind of gap that leaves an organization unprepared, since non-profits and charities...

Tax Planning for Dentists in Canada: The Decisions That Matter Most Before You Sell

Most dentists think about tax planning as something that happens every April. For a dentist who owns a practice, the biggest tax decision of a career usually happens only once, the day the practice gets sold, and by then it is often too late to fix the structure that...

Tax Planning for Doctors in Canada: Where the Usual Playbook Stops Working

A busy family doctor and a corporate lawyer earning the same income end up with very different tax bills, and the gap has almost nothing to do with how hard either of them works. It comes down to structure, and for physicians in particular, some of the standard...

CRB Repayment in Canada: Why the CRA Is Still Sending Bills for It

A letter from the CRA about the Canada Recovery Benefit can be confusing in a way a CERB letter usually isn't. With CERB, the question is simple: were you eligible or not. With CRB, the CRA has two completely separate reasons to ask for money back, and they work in...

Tax Planning Strategies for High Income Earners in Canada: Keeping More of Every Extra Dollar

A strong year at work, a large bonus, or a well-timed sale of investments can push taxable income past $258,482, where every extra dollar lands in the top federal bracket. Once provincial tax is added, more than half of each additional dollar goes to tax in Ontario...

Inheritance Tax Planning in Canada: What Your Estate Will Actually Owe

Leaving an inheritance in Canada does not trigger a government inheritance tax bill. It can still trigger a large one, just under a different name, and it lands on the deceased rather than the beneficiary. Deemed disposition treats everything they owned as sold at...

Corporate Tax Planning in Canada: Managing the Small Business Rate and Salary vs. Dividends

Incorporating a business does not, by itself, save any tax. The savings come from how the corporation is actually run afterward, and specifically from three decisions that interact with each other on every return, and that sit at the center of tax planning strategies...

Retirement Tax Planning in Canada: Managing RRIF Withdrawals and the OAS Clawback

A retirement savings plan built for accumulation does not automatically work for withdrawal. The rules that governed decades of contributing to an RRSP flip once income starts coming out, and the accounts, pensions, and government benefits a retiree draws from all...