Tax and Accounting FAQ
Frequently Asked Questions
How much do you charge?
We operate on an hourly basis or a flat fee basis, which depends on the clients needs and the type of work we perform. All it takes is to schedule a free consultation to determine what your needs are and if we can help.
Can you help me locate a law firm to help with the process?
The answer is yes, we have a number of corporate or tax law firms that we work with, and depending on your needs we can help find one to fit.
What is the expense of doing a year end?
The answer to this is dependent on how much work it takes to perform the task accurately and properly. We have a flat fee service in addition to hourly and accordingly the rates will differ depending on how our clients wish to pay. We also offer consultations at no cost.
I just received a Notice to file from the CRA, can you help?
This is something we have extensive experience with. When it is necessary, we can go back ten years as long as the information is accessible.
How do I contact the Canadian Revenue Agency?
There are two ways to contact the CRA. One is to go to their website and create an account or to call them. For more information, (in English and French), go here, http://www.cra-arc.gc.ca/. Moreover, you can have an authorized representative contact them.
For personal income tax questions call; 1-800-959-8281
For corporate tax questions call; 1-800-959-5525
What do I have to do to become a client?
All it takes is to schedule a free consultation to determine what your needs are and if we can help. Visit our contact page for more information.
Are you Accepting New Clients for the Current Tax Year?
Yes, we are always accepting new clients. However, most of them are through referrals from present clients. Nevertheless, All it takes is to schedule a free consultation to determine what your needs are and if we can help. Visit our contact page for more information.
Is it less of an expense to hire an external Bookkeeping service, rather than hire an in-house Bookkeeper?
In the scenario of running a small business the answer is yes. This is because with using a service the business is not paying insurance, a salary, or benefits for an employee, which is more costly, in the long run, rather than paying for a Bookkeeper on an as needed basis.
Which receipts are needed for my taxes?
Any expense that pertains to the operation of a business should have proof of payment receipts showing the transaction.
What is the deadline for paying taxes?
The latest date can be postmarked April 31st. However, if there is a refund, you may file throughout the year.