Business Services.

These services cater to small and medium-sized businesses, focusing on strategic growth, regulatory compliance, and tax efficiency.

Corporate Tax Planning and Compliance

  • Annual corporate tax return preparation, including compliance with federal (CRA) and provincial regulations.
  • Strategic tax planning to minimize corporate tax burdens while taking advantage of credits and incentives.
  • Tax structuring for optimized dividends, bonuses, and shareholder compensation.

Financial Statement Preparation and Analysis

  • Compilation engagements tailored to meet stakeholder and regulatory requirements.
  • Financial analysis to support decision-making, profitability assessment, and growth strategies.
  • Custom reports to provide insights into cost control, revenue streams, and financial health.

Payroll Processing and Compliance

  • Comprehensive payroll services, including processing, tax withholding, and remittances for CPP, EI, and WSIB.
  • Support for the Ontario Employer Health Tax (EHT) compliance and filing requirements.
  • T4 and T4A preparation and year-end reporting to meet CRA requirements.

Sales Tax (GST/HST) Filing and Compliance

  • Calculation and filing of GST/HST returns specific to Ontario’s regulations.
  • Advice on tax-exempt or zero-rated goods and services to maximize savings.
  • Assistance in managing GST/HST audits or disputes with the CRA.

Business Advisory and Financial Planning

  • Strategic financial planning to support business growth and expansion.
  • Budgeting, forecasting, and cash flow management to ensure liquidity and financial stability.
  • Scenario analysis to guide investment decisions and assess the financial impact of new initiatives.

Expense Management and Cost Optimization

  • Detailed expense tracking and analysis to identify areas of savings and efficiency.
  • Tools and advice for optimizing spending on overhead, supplies, and labor costs.
  • Support in implementing cost-control measures without impacting operations.

Bookkeeping and Record Keeping

  • Ongoing bookkeeping services, including accounts payable, accounts receivable, and bank reconciliation.
  • Implementation and training on accounting software (QuickBooks) for in-house bookkeeping.
  • Document management and record-keeping to streamline tax compliance and reporting.

Business Structuring and Reorganization

  • Advisory services on business structure (corporation, partnership) for optimal tax and operational efficiency.
  • Guidance on succession planning, including valuation and tax-efficient transfer strategies.

Employee Benefits and Compensation Planning

  • Design of tax-efficient compensation plans, including bonuses, benefits, and pension plans.
  • Advisory on group benefits, retirement savings plans, and other employee incentives.
  • Compliance with Ontario and federal employment regulations related to benefits.

Funding and Capital Advisory

  • Assistance in securing government grants, loans, or investment funding.
  • Preparation of financial documents and forecasts for funding applications.
Contact Us
Have a question or want to make an appointment?
Svitlana Zinina, CPA
Founder
(416) 828-6112