Incorporation Tax and Financial Statements

What is incorporation tax?

Incorporation tax can, at times, be pretty tricky to work out. If you get it wrong, you will be enjoying some pretty hefty fines and tax bills. It is, therefore, in your best interests to get things right at the start. Incorporation Tax Returns are mandatory to Submit to both Federal and Provincial agencies at your year end. Federal Incorporation Tax Returns are called T2 and Provincial Incorporation Tax Returns are Called CO17.

This is where our financial & accounting team come into play. It is their job to ensure that you pay the right amount of incorporation tax or nothing at all.

What will our financial and accounting team do?

Our expertise will ensure that you never pay a penny more, or less, than what you owe. We will also be happy to help you to produce financial statements for your business which are an obligation to send with the incorporation tax returns both Federally and Provincially.

What is the benefit of financial statements that we generate for you?

This can be used when you file incorporation tax, or even as a record for your own purposes. Financial Statements are also requested by banks when applying for Financial Loans. We make sure your financial statements are clear and precise. Our financial experts are experienced people with several years of professional experience, so you can be sure of the fact that no detail or any single point will leave their sight. They will carefully narrow down all the financial points and prepare the financial statements which will be readable and understandable for you. Keeping track of financial statements is important as with the help of them you can track down your financial history easily to maintain the financial success of your business.

 

If you wish to discuss incorporation tax and financial statements, please do not hesitate to get in touch with our financial accountants today. We are just a phone call away, and we will be more than happy to answer any questions that you may have about the financial accounting services that we provide. Call us and reach out to 514Accounting to get the most affordable and reliable accounting services around you.