Personal/Self-Employed Taxes

Our process for closing off taxes include thorough scrutiny, in-depth analysis of the financial information to highlight anomalies, address year over year variances, and examine current expenditures for tax reduction purposes. At HA-PC, we do not limit our time of assessing financial data and exert all our efforts towards minimizing taxes and closing the books adequately, accurately, and promptly. Lots of clients need clear demonstrations of how to plan the year and make certain of their financial information to remain compliant with the CRA. We take extra steps by creating mileage log templates, personal payment tracking sheets, monthly expense compilation sheets and more to oblige with standards and record keeping necessities. All our tax returns come with a full set of financial statements to be assessed. 

Our rigorous year end corporate tax packages begin at $649.

We offer comprehensive services, tailored to businesses seeking the leading standard measures, genuine accounting principles, and executive workmanship. Our procedures under-go exhaustive measures and undertaking before we close any client file. Our all-inclusive bookkeeping plans begin at $319 monthly. 

There are many steps required to arrange a proper bookkeeping system. Many business owners believe they are consummating their duties in record keeping. However, to situate together a streamlined system, all transactions should be accompanied by a receipt, determine how they were paid, reconcile the banks / credit cards, and maintain the books on an on-going basis. We cross reference every charge, and notify you of any missing receipts, ensuring your file is CRA and audit proof, and surpass the standards expected from accounting firms. The entire process is guaranteed by us, so we track what is missing and what we need to add, on a monthly basis. At our firm, every file goes through 2-3 reviews, before we confidently close the month. All clients receive special emails to notify them of any charges we are not sure of, all expenses which we did not have a receipt for, plus the monthly file returned in a proper appearance.  

Our monthly packages can include the following:

·      Detailed end-to-end monthly bookkeeping

·      General monthly financial reports

·      Payroll, WSIB, T4’s, ROE’s, EHT, and monthly remittance forms

·      Accounts receivable, invoicing, and detailed sales recording

·      Accounts payable, bill payments, monitoring of outstanding bills and T4A’s

·      Detailed financial tracking, such as class breakdown, job costing, and / or customer costing

·      CRA representation and access to accounts

·      GST/HST filing, GST/QST filing, and other government tax filings

Understanding the fine particulars of business goes beyond the numbers we see.  Our firsthand encounter in diverse industries provides us with lots of key information when analyzing business performance, projections and probabilities. Some of our specialties:

1.     Business plan review – let us have a look and determine if your plan meets crucial guidelines and funding requirements 

2.     Business plan preparation – give us an overview of your business, collaborate by providing essential information and we can construct the plan

3.     Sale of business analysis – if you’re looking to purchase a business, we highly advise seeking professional assistance throughout the process to determine financial viability, performance metrics and historical results.

4.     Business valuation – pricing a business has many specifics and lots of data analysis. We evaluate and determine the options available, whether we encourage a streamline sale or horizontal takeover. 

5.     Corporate structuring – when multiple businesses are developed, its worthwhile to seek alternatives and structuring options. Subsidiary, holding companies and affiliated businesses can all have their benefits.

6.     System review and advisory – looking to refine your systems and software’s, we can help you grow to the next level. Get professional advice and system upgrades which will further enhance your accounting integration. Our reach is extensive in this area and we can help implement an exceedingly advantageous system.  

The sensitivity around employee matters can have implications owners and management do not wish to participate in. The very specifics of signed contracts, maintaining employee records, monitoring benefits, and accurately guiding employees in delicate matters creates further issues to maneuver around. We can systematically develop a procedure to take over these responsibilities. These services are offered monthly, beginning at $99 monthly.

Our exhaustive list of services in this field include:

·      Preparing employee contracts

·      Being the main point of contact with employees

·      Send out introductory emails with contracts to sign, government tax forms and other correspondences

·      Send reminders to new hires to provide their personal information

·      Maintain benefit plans

·      Control extra allowances and deductions on the employees pay

·      Strategic advisory on sensitive employee matters (such as terminations, employee issues, etc.)

·      Maintain employee files, including any warnings, reported problems and performance reviews

Many individuals find themselves with many questions about starting a business, the requirements, the process, whether to incorporate and common inquiries of their next steps. When consulting with us, the entire grey area is eliminated as we touch base on all factors from setting up your company to your first day of operations. Contracting us, we offer a full consultation, advisory services, incorporate / setup the business, master business licenses, register the business with CRA for GST/HST, payroll and/or import/export numbers. Finally, we offer transition guidance and our after setup services for any bookkeeping, accounting and tax related matters.

Our competitive pricing for business incorporations begin at $449.

Whether you run a theater, recording studio, or an eCommerce website, all businesses need to minimize their legal liability and risk. Our lawyers will assess the structure of your operation, such as its physical or digital space, the types of products you sell, who your consumers are, what type of company you have filed under (LLC, Inc, etc.), and so on. From there, we will tailor the right risk plan, complete with permit applications, insurance policies, and more, so you can worry less about liabilities and concentrate on growing your business.