Navigating the intricate landscape of Canadian taxes and payroll can be a daunting task for both businesses and individuals. For businesses, understanding the nuances of the tax system is crucial for compliance and financial health. Proper management of taxes and payroll not only ensures adherence to government regulations but can also lead to significant cost savings and enhanced financial planning.
By enlisting the expertise of professionals, businesses can benefit from tailored strategies that optimize tax liabilities and streamline payroll processes. This proactive approach minimizes errors, reduces the risk of audits, and fosters a more efficient operational environment.
At our consulting firm, we specialize in providing comprehensive tax and payroll services designed to empower businesses and individuals alike, ensuring that they maximize their financial potential while remaining compliant with Canadian tax laws.
CORPORATE TAX FILING (T2)
Accurate preparation and filing of T2 corporate income tax returns, ensuring compliance with Canadian tax laws
GST / HST / PST FILING
PERSONAL TAX FILING (T1)
TAX PLANNING & OPTIMIZATION
SOURCE DEDUCTIONS
PAYROLL PROCESSING
CROSS-BORDER TAXATION
CRA AUDIT SUPPORT & NEGOTIATION
Representation during audits, reviews, or queries from the Canada Revenue Agency (CRA)
Specialized services for businesses or individuals with cross-border tax obligations
Calculation and remittance of Canada Pension Plan (CPP), Employment Insurance (EI), and income tax deductions to the CRA.
Accurate and timely calculation of employee wages and salaries
End-of-year tax slip preparation and filing for employees and contractors.
T4 & T4A PREPARATION
Calculation and submission of Goods and Services Tax (GST), Harmonized Sales Tax (HST), and Provincial Sales Tax (PST) returns
Assistance with personal income tax returns for business owners, directors, and employees.
Strategic tax planning to minimize liabilities and maximize available deductions and credits
DIRECT DEPOSIT SETUP
RECORD OF EMPLOYMENT (ROE) FILINGS
COMPLIANCE WITH FEDERAL & PROVINCIAL PAYROLL REGULATIONS
EMPLOYEE BENEFITS ADMINISTRATION
Setting up direct deposit for employee salaries and wages to streamline payments
Preparation and submission of ROEs for employees leaving the company.
Ensuring your business adheres to all relevant payroll legislation
Management of deductions for pension plans, health insurance, and other employee benefits
