Our Services

By: J.a Financial Services  09-12-2011
Keywords: Business Consulting, bankruptcy, Employee Benefit Plans

  • Tax and Financial Review – For individuals, Corporates, Non Profit Organizations, Estates and Trusts
  • Tax Returns – Personal, Corporate
  • Tax Reclaims
  • Estate Planning
  • Tax Disputes
  • Financial statements
  • General Ledger & Bookkeeping
  • Audit & Review
  • Employee tax withholding
  • Non-resident withholding
  • Employee benefit plans and taxable benefits
  • T4-T4A-T5's
  • Business Expansion, Sale and Acquisitions
  • Business Appraisal
  • Banking and Financing
  • General Business Consulting - Shareholder/partnership/joint venture agreements
    - Retirement planning
  • Business start-up or expansion
  • Bankruptcies
  • Employee benefit plans

  • The corporate structure
  • Financial statements
  • Personal and corporate tax returns
  • Consult other advisors in the fields of law, insurance, or banking
  • Outline prospects and snags
  • Plan implementation
  • Meticulously monitor plan to meet objectives

TAX RETURNS – Personal, Corporate
Both the federal and provincial governments have imposed income taxes on individuals. The federal government charges the bulk of income taxes with the provinces charging a somewhat lower percentage. Income taxes throughout Canada are highly progressive with the high income residents paying a significantly higher percentage than the low income residents.

Companies and corporations pay tax on profit income and on capital. These make up a relatively small portion of total tax revenue. Tax is paid on corporate income at the corporate level before it is distributed to individual shareholders as dividends.

We undertake the filing of tax returns for individuals as well as Corporate.

TAX RECLAIMS – We undertake the preparation as well as filing of tax reclaims. We re-file your old tax returns, as far back as 1995 for any tax deductions and claims you may have missed on.

The processing time of the Canadian Tax Authorities varies depending on a number of factors including the time of year the return is submitted.

ESTATE PLANNING – For wealth protection and methodical transfer of assets, either during lifetime or on death, we offer the following services:

  • Evaluation of assets and liabilities
  • Review of will
  • Advise on tax implications of asset transfer to family members
  • Tax filing, ongoing and terminal
  • Assessment of insurance needs
  • Plan to reduce taxes and preserve wealth
  • Wind-up estates and obtain final clearances

TAX DISPUTES - We have considerable experience in resolving tax disputes such as:

  • CCRA tax audits
  • Review of assessment notices
  • Appeal work such as Notice of Objection
  • Formulation of appropriate defense
  • Financial statements - Financial information about your business is recorded, classified, summarized, interpreted, and communicated. We undertake financial statement preparation including compilations.
  • General Ledger & Bookkeeping - General Ledger & Bookkeeping (Monthly, Quarterly and Annual) usually includes accounts for such items as current assets, fixed assets, liabilities, revenue and expense items, gains and losses.
  • Audit & Review – We conduct the audit and review of financial statements.

We understand your bookkeeping requirements for the following areas:

  • GST – Goods and Services Tax
  • PST – Provincial Sales Tax
  • WSIB – Workplace Safety and Insurance Board
  • Employee tax withholding
  • Non-resident withholding
  • Employee benefit plans and taxable benefits
  • T4-T4A-T5's – Information slips

Business Expansion, Sale and Acquisitions - The expansion, sale or acquisition of a business requires careful deliberation from a tax and business perspective. We offer the following services:

  • Advising on structuring the acquisition as an asset or share deal
  • Structuring the sale or acquisition to optimize tax result
  • Preparation of financial projections and assisting with purchase financing

Business Appraisal – We offer you our professional support for appraisal of your business. We identify areas affecting profitability and growth in a negative manner and develop practical solutions. We provide comprehensive strategies that tackle the issues affecting your business.

Banking and Financing – We provide expertise to your business dealings with your lenders by providing the following services:

  • Negotiation of credit and security services
  • Preparation of estimations and cash flow to support credit services
  • Special report for finance

General Business Consulting – We provide comprehensive consulting in the areas pf Shareholder, partnership, joint venture agreements.

Retirement Planning - Apart from providing regular CA consultation, we also provide assistance in the region of Retirement Planning. We offer you advice on the retirement solution best suited to your future needs.

Bankruptcies – Bankruptcy in Canada is set out by federal law, in the Bankruptcy and Insolvency Act and is applicable to businesses and individuals. The office of the Superintendent of Bankruptcy, a federal agency, is responsible for ensuring that bankruptcies are administered in a fair and orderly manner. We are equipped to handle the processes related to bankruptcy.

Employee benefit plans – Finding and keeping highly skilled employees is critical to the success of your business. We help you chart effective Employee benefit plans offer solutions that make the benefits administration process easier.

Keywords: bankruptcy, Business Consulting, Employee Benefit Plans

Contact J.a Financial Services


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