Services
Small business accounting
As a busy small business owner, keeping your own books is likely not your top priority. Let us take care of your books so you can focus on what really matters: running and growing your business. Our team uses both QuickBooks Desktop and QuickBooks Online to provide comprehensive accounting services. We’ll make sure your bank and credit card accounts are reconciled, provide an income statement, balance sheet, and maintain your general ledger. Additionally, you can tailor our services to your needs by adding payroll support.
Tax Services
Preparing your own tax return can be a challenging and time-consuming task. While using a computer software program may offer some help, it cannot match the knowledge and experience of a professional tax preparer.
A tax professional can assist you with even the most complex tax situations, including those involving multiple sources of income, investments, self-employment, and more. They can help you make informed decisions about your taxes and ensure that you are in compliance with all relevant tax laws.
No matter what type of business you run, whether you’re a professional, independent consultant, retailer, or service provider, your business is unique That’s why it’s important to work with a tax preparer who truly understands and cares about your business.
Let us help you with the preparation of both your Personal Income Tax Returns (T1) and Corporate Income Tax Returns (T2). Our expertise and commitment to your business will give you the peace of mind that your taxes are being handled correctly and efficiently.
Compilation engagement
Financial statements are important for shareholders, creditors, private investors, and banks. They often use these statements to assess the financial health and stability of a business. In some cases, banks may require “compiled financials” from an independent Chartered Professional Accountant (CPA) as part of their lending agreements. Additionally, you may need financial statements for tax reporting purposes. In this context, a compilation engagement is a service where a business engages an outside accountant to prepare and present its financial statements. During this engagement, the accountant uses financial information provided by the management to compile the required financial statements. However, it’s important to note that a compilation engagement is not designed to provide assurance or express an opinion regarding the information contained in the financial statements.
Quick Book Setup
Although QuickBooks is designed to be easy to use, it is essential that the initial setup and installation are done correctly. This is especially true if you’re transitioning from manual accounting to QuickBooks. That’s where we come in. We specialize in understanding your business and customizing QuickBooks to match your unique operations. We’ll not only ensure a smooth setup process, but also help you implement best practices for your business. We’ll evaluate your software and accounting needs, help you choose the right version of QuickBooks, and determine the best accounting method for your business. we will design your chart of accounts and create a list of items you sell to customers, such as services, inventory parts, non-inventory parts, other charges, and sales taxes. Finally, we’ll provide training to you or your staff to ensure that QuickBooks meets all your accounting, management, and tax requirements.
Contact Now
