Compilations & Tax
We are passionate about compiling your annual financial statements and preparing and filing your corporate tax returns, while adhering to the provisions stated in the Income Tax Act. Our goal is to minimize your tax burden, while maximizing your profits.
When preparing a compilation, we ensure that your books are reconciled to your bank account, obtain other information from management, and prepare all relevant adjusting entries. We then use this information to prepare your corporate tax return, and provide you with financial information in accordance with the Canadian Standard for Related Services (CSRS) 4200. The final stage of this process involves detailed discussion with the management or owner of the organization with regards to the best tax strategy. This helps identify opportunities to minimize both current and future tax liabilities.