Individual & Corporate Tax Returns
Accounting & Financial Statements
We have been providing tax preparation services for over 25 years. We provide comprehensive tax reporting and tax planning services to individuals and small corporations. The process of annual tax return preparation provides us with the ability to recognize planning opportunities and to follow up on the implementation of tax strategies. We take a proactive approach to our clients’ tax planning, identifying the opportunities to protect their earnings and safe guard their assets.
We have a thorough understanding of the problems and opportunities for small business accounting. Our goal is to provide our clients with advice and service to ensure that their overall tax bill will be kept to a minimum and all opportunities maximized. We provide; financial statement preparation, tax return preparation, tax planning, and bookkeeping
Small Business Accounting
We have more than 25 years of experience in accounting, payroll, personal taxes, corporate taxes, and more. If you have a small to medium entity (SME), we offer you the financial insights, advice, and tax preparation services that will help you maximize your returns and help you grow your business. We have worked with small businesses from different industries and helped them maximize their tax credits, maintain proper records, and make well-informed decisions for the future.
Tax Consultation & Business Planning
Tax planning for business or for individuals and families is an ongoing process to reduce the overall taxes owing by the business and ultimately by the owners and family. When setting up and running a business, a team consisting of a professional accountant and Canadian tax and business lawyers is paramount as an effective tax reduction strategy.
Payroll processing could be a daunting task for any business owner. Not only do you have to manage your day-to-day operations, but you also keep an eye on your digital marketing, inventory, customer satisfaction. On top of that, you also have to make sure that you don’t overpay or underpay your employees. Not only does it create a problem in your finances, but it could also land you in serious trouble with the law. You could do it yourself, or you could hire a professional accountant for the job. But if you are a startup or a small business, hiring someone full-time to do this job might not sound feasible. The best option for you is outsourcing your payroll processing to an accounting firm that knows how to handle it all. We will not only do the basic payroll processing for you, but our CPA will ensure that we provide outstanding services to meet your financial expectations so that your business flourishes.
Bookkeeping is one of those tasks that a business owner would never want to do himself. It can be an extra administrative burden that may frustrate you. It is important to have an insight into your bookkeeping results but it is not mandatory to do this time-consuming activity yourself. Frank’s Tax Service understands how important it is to manage each client’s financial information. We provide highly reliable, accurate, and cost-efficient bookkeeping services for small & medium-sized businesses. We customize our bookkeeping packages that perfectly suit your business and provide a complete range of bookkeeping services. We also try that every customer gets a dedicated bookkeeper so that we can prepare error-free financials and the CRA taxes for our clients.