OUR SERVICES
Accounting
We help organizations with day-to-day bookkeeping, financial statement preparation, and tax returns. We have the expertise to make this essential business service cost-effective and personalized for your operations. Our clients also benefit from our tax knowledge combined with our accounting services. It’s one less thing to worry about so you can focus on what matters most to your business. Tailored and quality bookkeeping and accounting are combined with our extensive tax knowledge to give our clients even more value.
We take the pressure off when your books are with us. We can help you record your transactions into your accounting system and keep on top of the day-to-day activity in your accounts.
Our proprietary technology allows data to be downloaded seamlessly into our system so there is no manual intervention. This direct data feed accelerates data collection and reduces errors because we do not need to re-enter information. It also allows us to refresh the data as needed, without external support. Bookkeeping has never been so seamless, easy, and useful – with personalized support and insights.
We can also prepare meaningful analytics to provide you with insights into your business in addition to the traditional financial statements.
Whether you are an established firm without in-house accounting expertise, or a company operating primarily from another location, we can ensure your day-to-day financial reporting tasks are done without staffing a full-time, permanent accounting department. We can either supplement your team or you can outsource the work to us.
Grow your company knowing that all aspects of your accounting are in good hands. We ensure you stay on top of your transactions, payroll, tax payments, etc. to allow you to focus on your core business.
A key benefit to outsourcing your accounting department is financelabs’ extensive tax knowledge combined with our accounting services. This can help you be proactive about future decisions that may have an impact on your corporate taxes.
I.Corprate Income Tax
Organized books are essential to your corporation’s long-term success.
Finance labs Accounting offers a full range of bookkeeping services that will help set a solid foundation in preparing your corporate income tax return.
Keeping your books in order helps you to estimate your tax liability well in advance. That way you can plan all your corporate business activities accordingly.
The risks from tax compliance errors or ineffective tax management are too high to ignore. We can help lessen this burden by providing you with access to timely reliable information and the technical skills and experience our team offers. We provide the following solutions:
- Personal Tax Return Preparation & E-filing
- Corporate Tax Return Preparation & E-filing
- Monthly WSIB & HST filing
- CRA Audit Assistance
- CRA representation
- Handle CRA communication
II.Personal Income Tax Filling
With over 20 years of combined experience, our team of trusted expert accountants and tax advisors can help prepare a variety of tax returns.
Minimizing your tax charge, involves more than preparing and filing personal income tax returns—it involves an integrated planning approach,
particularly for business owner-managers and other corporate shareholders. Our
integrated personal tax-planning services provide you with advice on
- Tax planning for owner-manager remuneration,
- Family tax minimization,
- income-splitting opportunities,
- Capital asset disposition and protection
- Retirement planning