Smart Tax and Accounting (STAA) CPA firm is a full tax and accounting firm that can provide a variety of tax services including corporate tax services. Because we are involved in the bookkeeping, year-end accounting is streamlined. No endless lists of questions and info requests; just timely financial reports and tax filings.
STAA CPA firm can provide corporate tax services to clients in Toronto and anywhere else in the Canada. We also work with many of our clients through remote capabilities.
We ensure our clients are compliant with all CRA requirements such as T2 Returns, Payroll Taxes, HST/GST Returns. Our services include:
- Preparing financial statements and translating accounting financial statements to General Index of Financial Information (GIFI).
- Preparation and Filing your corporate income tax return (T2).
- Corporations having non-resident shareholders
- Tax Services for Non-Resident and Foreign Corporations in Canada
- Preparation of information returns including T4s, T4As and T5s
- Back tax filings for Corporations – multiple years’ tax filing for corporations
- Tax planning for your business.
- Preparing Notice to Reader
Expertise and knowledge you can rely on to ensure tax planning strategies to maximize tax efficiency.
FINANCIAL STATEMENTS
We will prepare year-end financial statements for your company that are customized for your business and easy to understand. We will meet with you to discuss your financial statements and answer all of your questions.
CORPORATE TAX RETURN
We prepare and file your corporate tax return on-time and early enough that any taxes owing is known in advance. We’ll even explain the whole tax return to you if you’re interested in learning.
TAX PLANNING
By planning different transactions, we ensure that your corporation falls within the Small Business Deduction Limit and your losses are being properly carried forward or carried back so that you are paying the least amount of corporate income tax.
We also help corporations and shareholders to plan both corporate and personal income taxes beforehand to optimize both corporate and personal tax burden.