Tax Returns-all kinds

This refers to providing the required information to various governments accurately and by prescribed deadlines. It generates two needs for businesses, filing the information and defending its accuracy if questioned through an audit or a review. If decisions of an audit or review are not acceptable to tax payers, they can appeal the decisions. The scope of reviews is not as broad as that of audits.
 

Preparing Returns:

To meet the filing requirements of governments, we prepare all returns including the following. We also prepare the necessary documents to support the information in the returns, e.g. T4s, T5s and financial statements. All documents we prepare are highly tax efficient and audit thwarting.

•    Personal Tax Returns
•    Investment Income Returns
•    Annual Payroll Returns
•    GST/HST Returns
•    Corporate Tax Returns
•    Payroll Returns
•    RST Returns
•    WSIB Returns

If done by experienced and well-informed professionals, tax planning can save you big money.
 
Audit Trail Schedules:

In doing the compliance work, we also ensure that the best possible audit trails are set up at affordable cost to tax payers. The damage caused by inadequate audit trails is often not immediate and hence not realized. We are very conscious of setting up audit trails at all times while designing your accounting system, recording your transactions or preparing your returns. If a tax saving we claim for you is crucial or unclear, we search for credible literature to support the claim. We then save this printed material as a part of audit trails, because this published material would be most useful in defending you in an audit or an appeal that may come your way sometimes.

Tax Planning:

Tax planning does not usually come to you in the form of a document from your accountant. Instead, the tax saving plans developed for your situation, are implemented through proper presentation on returns. We ensure that all tax savings possible for clients are availed in preparing their returns.
 

Audits & Appeals:

We also defend tax payers by presenting their case properly in reviews, audits and appeals. In defending tax payers, we go all the way up to and beyond the Tax Court of Canada, if necessary. Besides tax assessments, tax payers are sometimes assessed substantial penalties and interest. We can get these reduced or eliminated by presenting your case effectively to appropriate departments.