Services

We provide below services

Entry Ready Document Extracts

An arduous and tedious but necessary task is the entry of receipts, vouchers, statements etc into your accounting software.

We have created a solution using technology to help reduce this burden in terms of time, resource and effort. We can number these receipts, for traceability, scan the same, process it using our conversion software, audit the accuracy of conversion and deliver the output as a spreadsheet all in 48 hours.

You can even give us the allocation logic and we will make it Book Entry Ready. Thus precious resources at your end freed up to do a higher revenue yield task.

We are in a position to process over a 1000 receipts in a day and we have flexible solutions to meet your business need.

Based on the volume we can even set up a local mailroom to ensure convenience of processing else we have workable alternatives to ensure safe return of the original documents and receipts.

Accountant Ready Book keeping Services

Our qualified accounting team will seamlessly work with your team and based on mutually agreed timelines get all the entries ready for your verification and finalization. It’s as simple as that. Some of the tasks we do are as under:

Accounting Related

Verifying and recording vendor & customer invoices
Recording bank & credit card transactions & reconciling the balances
Payroll computation
Recording SH related transactions
Amortization & other adjusting entries.
Monitoring receivables & payable
Providing financial reports.

Tax Related

Detailed & Quick method of GST/HST computation
Analysis of Notice of Assessment and CRA statements of account - Federal & Provincial tax.

Stock Portfolio Accounting

T-Slip Reconciliation.

Tax Prep – Preparers and Reviewers to support you seamlessly

Our Tax experts will do the data validation, prepare and review the returns and do a final QC to ensure they are Filing Ready.

Our team has the ability to work on many tax software and are aware of the nuances of the following forms

Personal Taxation

We can help with your various sources of income on your personal tax filing:

Self-employed businesses (sole-proprietorship)
Partnership income
Employment expenses (commission and salary)
Investment income Rental properties
Non-resident tax returns
216 Non-Resident rental properties
T1135 Foreign Income Verification Statements
Coordination of Canadian and US tax returns

Corporate Taxation

We offer complete income tax services for businesses, including regular tax return preparation.

Canada Tax Prep: Our team is familiar with Turbotax, Taxtron, Cantax, iFirmtax & UFile software and are familiar in preparation of various tax forms including T1& T2.

US Tax Prep: Our preparers use CCH Axcess Tax, CCH Global fx Tax, CCH ProSystem fx Tax, GoSystem Tax RS, Lacerte and UltraTax. We can prepare your 1040 and 1041, 990, 1120, 1120S and 1065

Process for Taxation outsourcing

Obtain necessary approval from clients for outsourcing to us
Provide us with the process followed for tax preparation
Send us the information for specific returns and discuss with the SPOC
Provide access to the software to be used for tax preparation
Our team understands the background information including past year return and balances to be carried forward.
Prepare tax return by preparers
Review by Senior reviewer
Discuss with your SPOC and submit the return
Get clearance for completion. Rework if needed till clearance is obtained.

Outsourcing allows you to prepare more returns without adding staff and your team can concentrate on reviewing and providing other important value-added services.

Simplified Statutory Compliance Adherence

If you think Compliance is expensive, try non-compliance.

Former Deputy US Attorney General Paul McNulty.

Keeping pace with the changes, numerous forms and statutory filings both State and Federal can become cumbersome and at times inadvertently we forget to comply and the consequences can be huge – time, money and management distraction.

The services we offer include:

Federal Registration
State Registration
Byelaws/operating agreement
Federal Tax filing monitoring
State Tax Filing monitoring
Annual Corporation Return
Franchise Registration
Registered Agents
Tax Preparation
Share register maintenance
Minute books maintenance
Documentation for Bank signatories
Amendments to bye laws
DBA registration
State specific Tax requirements.

To avail of this service:

Clients register with us for the Corporate Compliance service.
We prepare a chart to monitor for each company
We handle each of these services for the companiesw we provide the client with the compliance alert for the month statewise
We map each of these compliance related alert for each of the companies based and each of the state
Our team takes this for each of the companies and report back on each of the compliance parameter