Business Tax Preparation and Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, and Provincial tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce Federal and Provincial tax liabilities.
We want to help you and your business develop a tax strategy that maximizes your cash flow. We partner with you to develop a well-planned tax strategy and provide year-long solutions that help you meet your goals.
Financial Statement Preparation
We prepare financial statements and issue Notice to Reader Statements for banks, company meetings and charity trustees’ needs. Compilations include presenting your financial information without auditing the statements.
Payroll Management Services
Payroll is a necessary business component whether you have one employee or a thousand, but confidently and accurately managing your payroll can be a challenge. Our payroll services produce professional, computer-generated checks for your employees and all related tax agencies and other payments, along with a wide variety of available payroll reports and analyses. Payroll is no longer a tedious process. It is a smooth function of your business.
Our payroll service also gives you peace of mind knowing that we will prepare all your payroll reports and returns.
- Payroll Tax Processing & Reporting
- Processing payroll weekly, bi-weekly, semi monthly or monthly
- Quarterly filing of all associated payroll returns
- Staff level planning
- Compensation analysis
Constantly changing federal and provincial laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
New Business Formations and Structure
New businesses face a unique array of difficulties that often get overlooked in the excitement of opening for business. The selection of the type of entity can have long lasting negative tax implications. At SNA Accounting and Tax Consulting our experience can help entrepreneurs with timely advice and guidance, your road to success will be a little less bumpy with our help. Starting a company can be difficult, but we’ll help turn your vision into a thriving business and assist you with short term goals and long term plans.
Professional Bookkeeping Services
Meaningful, well-organized financial records are the foundation to a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Accounting Staffing
If you require short term accounting staffing or even would like help in interviewing, selecting candidates, we have the knowledge and expertise in working with accountants of all levels and can assist you in making the proper decision.
Management Consulting Advisory Service
We gauge our worth by our clients’ success. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. We provide comprehensive, flexible strategies that address the issues affecting your business.
Tax Audit Support Services
We assess client position, help client provide information required by CRA auditor and deal with their questions. We also represent clients in resolving tax disputes with Revenue Canada; Filing Notice of Objection and Appeals when the CRA audits a client under; Unreported income under equity base Income Tax GST/HST Payroll and all other tax matters.