Auditing has always been one of the core services
of the accounting profession. In Ontario, only Chartered Accountants are
authorized to perform independent audits of financial statements.
We are a member firm of the Institute of Chartered Accountants
of Ontario and licensed under the Public Accountancy Act. Our team has years of
experience in auditing and attest services and is well equipped to assist you
in meeting your company’s audit obligations.
We can assist in acquiring any business. If you are
looking at buying an existing business, it is a good idea to get professional
advice as soon as possible.
We can help you structure the purchase so that you
receive the best possible value for your dollar.
Our team includes professionals who have attended
the Canadian Institute of Chartered Accountants In-Depth GST/HST Course.
This training combined with practical field
experience allows us to offer an enhanced level of GST/HST advisory services.
We can perform a thorough review of your GST/HST systems to ensure that you are not missing out on any money owing to you and
complete all the necessary paper work to get that money back.
We can also assist you with any GST/HST compliance
problems you may have encountered.
Our team is also experienced with the Ontario
Retail Sales Tax Act (prior to July 1, 2010), and the compliance and planning issues that go
along with this tax.
Whether you want a complete review or assistance
with a particular problem, we can help.
We are a certified consultant for Simply
Accounting, accounting software. Simply Accounting is a market leader in
providing small and medium sized computerized accounting solutions.
We only do one-on-one training. What this means for
you is that you get individualized attention and a program tailored to your
The amount of training required depends on many
factors including the individual’s prior experience and the complexity of your
All our computer training includes a full year of
unlimited support and refreshers as required.
Businesses, like many other things, are continuously changing and evolving. The business structure that worked well
in the past may not be what is needed for you today or in the future.
We will work with you to restructure your current
business operations to meet your new requirements. All of our plans include
flexibility for the unexpected changes and tax minimization.
You will receive an enhanced level of income tax
advisory services because our team includes professionals who have completed
the Canadian Institute of Chartered Accountants In-Depth Income Tax Course.
This training, combined with practical field
experience, allows us to provide you with complete and comprehensive income tax
Estate planning - the process of planning how to
preserve your assets for your heirs - is not just for the very wealthy. Everyone
should engage in some form of estate planning. After working hard for many
years, building up a business, and accumulating assets, you should make sure
that those assets will not be unnecessarily used up, but preserved for your
Operating a business in a corporation may have tax, legal and business
advantages for you. We will do everything required to transfer your business
operations from a proprietorship or partnership to a corporation. We will take
care of the paperwork so you can concentrate on running your business.
Personal Tax Returns
We provide a personal tax preparation service
throughout the year with most returns prepared in March and April. We prepare a
separate menu for these services each January. The menu includes the services
we provide along with our fees.
The retirement safety nets that have existed for
years - the Canada Pension Plan and Old Age Security - really are not likely to
provide enough for the lifestyle you would like to enjoy with your grandchildren
and hopefully great-grandchildren!
Add to that the fact that we are all living longer, we are dependent on the income we generate throughout our working lives for
many more years than previously thought - clearly retirement planning is vital.
Retirement planning is not a luxury – it is an
absolute necessity. You have to think about how much you will need, when to
retire, how to achieve enough retirement income to enjoy the lifestyle you want
for your later years and what will the government have to contribute if
We take into account your current lifestyle, income
levels, projected income leading up to retirement and create a plan that is
going to support your needs now and in retirement. While it is hard to predict
what the future holds, it is easy to ensure that yours has at a very minimum, the
lifestyle you know you want. Talk with one of our specialist team members today
on how best to prepare for a comfortable retirement.
Handing over your business to family members
successfully can mean the difference between being financially sound for life
or losing the value of many years of hard work and effort.
More than 70 percent of family-owned businesses do
not survive the transition from founder to second generation. Rather, they fall
prey to either the estate tax or family discord. Developing and implementing a
well-designed plan is essential to the long-term success of the business you have
grown and developed from the very beginning.
Succession planning also applies regardless of
whether you have family members looking to take over the business. One day you
are going to need to exit the business, through retirement or sale. Succession
planning covers the key steps to prepare the business for that moment.
In the event of selling the business to an outside
purchaser, we can manage that process for and with you, as that can be an
It is important to keep this concept in mind:
Ultimately, for your business to truly be a realizable asset for you, you need
to constantly be working on it with a view to selling it sometime in the
future. Whether you do sell it or not .. is irrelevant. Keeping that frame of mind
means that at least you will always be in a position to sell it and realize its
true value, if you should ever want or need to.
That focus gives you a greater awareness of the
need to systematize your business and make it less dependent on you. People
want to buy businesses that work, not businesses that are run by people that
work and work and work. Succession planning is an ongoing, ever improving
process and is just as much about working ON your business as planning for the