At Kath Tax & Accounting
We are here to help you grow your business, it’s not only important to balance your books, but also to balance your time and your life.
Taxes can have a significant effect on the operation of any business. Our firm will prepare both federal and provincial tax returns for any business entity. This service includes the calculation of tax installments and the preparation of other monthly or quarterly GST/HST returns. Corporate tax services include but not limited to: • Advising on audits by the CRA and handling disputes with the CRA • Filing a Notice of Objection Transferring or selling your shares • Cash flow problems • Increasing profitability Paying less tax • Preparing a business plan • Methods of buying a business We offer advice on an appropriate choice of software for your accounting system and implement installation, or work with your existing accounting systems. We enter your financial transaction billing, invoicing, accounts receivable, accounts payable, payroll and other information as required. We set up your chart of accounts and format your financial statements that are specific to your particular entity and industry. We also research specific tax issues regarding your company and provide you with the right answers. The steps preceding the filing of tax returns are of primary importance. We use tax reduction techniques in our financial planning strategies to help provide our clients with a bright financial future. Our services are confidential, affordable, in compliance with accounting industry standards and as always, guaranteed. With successful outcomes, we have acted as a valuable resource to clients for all of their tax needs, such as when they are in the process of having their claims audited by Canada Customs and Revenue Agency. Please feel free to contact us to benefit from any of these services or you would like to explore the possibilities.
Let us help you to minimize your taxes and expenses by carefully designing a tax plan that meets your personal and professional needs. Filing a Personal Tax Return is an annual event that the majority of Canadians dread. Let us take the stress out of your tax returns. We provide comprehensive tax reporting and tax planning services to individuals. A declaration of income must be completed annually and submitted to Canada Customs and Revenue Agency by April 30 of the following year. There is a substantial penalty for not complying within the specified time frame. Any additional taxes owing must also be paid by April 30 or interest will be charged on the overdue amount. Even if you are unable to pay the taxes that you owe, make sure you file your return by the April 30 deadline to avoid paying a penalty.Read More
As business grows, you hire more employees, which can result in increased payroll administration. Payroll can be complicated and labour intensive. Let us lessen your administrative burden and focus on the issues that are vital to the success of your business. Our firm not only takes care of payroll check printing but can also develop a payroll system. We will prepare all necessary payroll tax returns in a timely, reliable, efficient and effective manner. Whether you have one employee or hundreds, KTA has a reliable, accurate, and cost-effective payroll processing solution for your business. Depending on your needs, you choose the input method that works best for you, and we take care of the rest. Payroll input by phone or by Internet for small business customers (1 to 100 employees), powerful Web-enabled applications and user-friendly client-server applications for larger companies (100+ employees), and a variety of value-added solutions including online payroll preview application and reports to help reduce your administrative work even further. As part of KTA basic payroll offering, we provide a variety of services and features as below: Pay statements Payment by Cheques Payment by Direct deposits Standard and Analysis Reports Record of employment forms Government remittance services
KATH TAX & ACCOUNTING (KTA) with best skilled professionals who can provide you accounting services. We help you make the most of your money & grow your business. Outsource your accounting and bookkeeping needs and focus on business development. Our goal is to help you keep what you earn, cut your costs and keep taxes at minimum. You will get more than just bookkeeping you will get solid professional advice.Read More