Things you need to know about running your own business in Canada. What you need to do when you need a financial consultant.
- Call Reality Capital Management for advice
- Small Business or Corporation
- Who keeps your books?
- What role do you play?
Canadaian Busines Deductions
OUR PROFESSIONAL SERVICES
We are the team of professionals. All our staff members are well qualified and having rich experience of more than 10 years in the field of accounting and taxation. We provide the following services.
Accounting and Bookkeeping: We specialize in providing Accounting and bookkeeping services to small business owners. In addition, we advise the self-employed on start up situations. We will advise you on structuring and tax planning considerations during the start-up or acquisition phase. Our work is performed
with due diligence and care. We will ensure that your business is provided with timely and relevant data to help you grow in the market.
Preparation of Annual Financial Statements: There are may users who have a vested interest in your financial statements. Financial institutions, the federal and provincial governments' rely upon the financial information that has been prepared of your business. It is important that you choose the right Accountant for your business. I will ensure that your statements are accurate. As we know, choosing the wrong Accountant can be a very expensive mistake.
Notice to Reader (Compilations) Engagement:– In a Notice to Reader, the financial statement is compiled from information provided by management or owner. In this report we will be acting as Management Accountants and not as auditors. There is no attempt to audit, review or verify the accuracy or completeness of information. There is a disclaimer indicating that the report may not be appropriate for other purposes. Every page has "Un-audited – see Notice to Reader".
Small Business:- We specialize in providing Accounting and bookkeeping services to small business owners. Also, we advise the self-employed on start up situations. We will advise you on structuring and tax planning considerations during the start-up or acquisition phase. Our work is performed with due diligence investigations. We will ensure that your business is provided with timely and relevant data to help grow and market your business.
Software Consulting, Installation & Training:- Our Software Consulting Services help customers to provide a wide range of suitable software according to their requirements and specifications. We take pride in assessing a client's needs and providing the correct solution. Our on-site Training Programs are customized to our client's requirements. We provide installation and training for following major accounting software such as Quickbooks/MYOB & Simply Accounting. I am also Pro-advisor for Quickbooks.
Financial Management:– We will assist you to formulate and formalize a business plan. We will prepare earnings and cash flow projections from your proposed ideas. A good financial management is a key to success of your business. We have a team of financial professionals, who are always at your service. Together we will meet with your banker or arrange contact with a bank if required.
Corporate Tax Preparation:- As tax specialists, We provide corporate tax services in a number of areas including: manufacturing; research and development; transfer of property to a taxable Canadian corporation; section 85 rollovers; capital dividend account elections; corporate reorganizations; purchase or sale of a business; partnerships; death of a taxpayer; trusts; transfer of property among family members and other complex matters.
Personal Tax Preparation:– Our personal tax clients cover a variety of different tax issues including: income from employment; investment income; limited partnerships; rental income; business income; professional income; old age benefits; tax return amendments; objections and appeals; allowable employee expenses.
Business Registration or Companies Incorporation:- If you have to register your business as a sole proprietorship or partnership or Incorporation (Federal of Ontario), we can registered it for you online. For more details, please visit web-page: Business Set-Up.
Value-Added Services:– We use a personalized approach, always available, ensure a prompt response and like to keeping in touch with clients on regular basis.
Quick-Books or Simply Accounting Set Up:- As QuickBooks® specialists, we also provide book-keeping and payroll services and serve as a member of the Intuit Advisors program. We can set up Quick Books or Simply Accounting for you. If necessary, we can also provide bookkeeping training for you.
Charity Filling (Church, Associations and other NGOs)
Filing and Assistance with CRA, MOF & WSIB audits
Business Loans, Truck Loan and Lines of Credit
Trucking Authorities and Fuel Tax Returns
Compliance with Ontario Employment Standards
Assistance with filing of Records of Employments and EI Benefit applications
Assistance with filing of PR Cards and Canadian Citizenship applications