Corporate Tax Preparation
When it comes to tax time for our corporate clients, this can be quite daunting especially if it is your first time preparing a tax lodgement as a business. Luckily for the business owners of Ontario, you have a team of highly esteemed certified public accountants with an outstanding reputation in the area ready to assist you with your tax preparation. Here we will explain the ways in which our team are able to help your business with their tax lodgement and maximise your tax return.
Our team at Kemptville Accounting Bookkeeping Tax Services are well versed in tax laws within Canada and those that relate to businesses, both big and small. Engaging an accountant who knows these laws can make a big difference in the success of your business. Our team have a strong track record of providing thorough advice to our loyal clients when it comes to tax laws which can assist to avoid any inadvertent illegal activity from occurring. By engaging a less qualified accountant to provide you with assistance in your tax preparation can provide you with less than ideal results and place you in some uncomfortable positions. This is why we recommend coming to the experts the first time around to ensure you have everything in order and the correct information you need provided to you.
Having an accurate record of your business transactions can provide exceptionally valuable when it comes to tax preparation. This will assist in providing our accounting team with the information we require to compete your tax preparation and get an understanding of the different areas in which we are able to seek tax benefits for our clients to help maximise their returns. We strongly recommend our clients have their business records kept by a professional certified public accountant so that it is set our in a clear way and is easy to convert when it comes time for tax preparation.
It is a requirement of many businesses to have an independent audit of their accounts on a regular basis, which is a service that our team at Kemptville Accounting Bookkeeping Tax Services provide for our clients. The purpose of an audit is to confirm that all business transactions have been recorded correctly and that there is no information that has been either withheld or missed when it comes time to present your accounts to the taxation department. Having an expert complete your auditing is a basic requirement to ensure your audit is accurate.
By following the above steps, our team will be able to assist your business with the tax preparation and tax lodgement. We will gather all relevant income and expenditure and look thoroughly into your industry to find all the relevant tax benefits we can to ensure that you are not paying more tax than you need to. When we are confident that this has been done correctly we are able to lodge your tax return.