OUR SERVICES

BOOKKEEPING

 

Bookkeeping is the heart of every business; it affects the successful running of any business. BG Accounting Services will prepare your financial statements, bank reconciliation, maintain ledgers record accounts payable & receivable.  We provide weekly, monthly, quarterly, and annual bookkeeping services personalized to fit your business needs.

PAYROLL

 

Process employee payroll & manage direct deposit information, payroll remittances, T-4 preparations & submission, WCB returns & T5018 contractor payment returns.

ALSO, WE DO FOR YOU:

 

  • FINANCIAL STATEMENTS

  • ACCOUNTING & TAX ADVISORY

  • BUSINESS PLAN

CORPORATE YEAR ENDS

Updated and accurate financial statements are vital to a corporation's success. Decisions for purchasing, leasing, hiring additional staff, loans, and many others are based on financial information available at that time. At BG Accounting Services, we, as your business tax preparation company, go the extra mile to ensure your financial statements are accurate and current, enabling corporations to make decisions based on real numbers. During the Year-End Process, we will minimize your overall tax and look for ways to save more tax in the future.

CORPORATE TAX

We provide corporate tax services to a variety of small businesses and professional corporations.

We can help you prepare a T2 return for your CCPC (Canadian Controlled Private Corporation) for incorporated companies with a taxable income or business loss. 

 

We Offer:

  • Canadian Federal corporate tax returns (T2)

  • Tax Planning for personal and business including potential consequences (dividends, bonuses)

  • Preparation of information returns including T4s, T4As, and T5s

  • Back tax filings for Corporations – multiple years of tax filing for corporations

  • Corporate Dissolutions

PERSONAL INCOME TAX

 

We can help you with your:

Basic return

For a person who does not have self-employment income or complex capital gains (i.e., buying and selling of shares). Includes credit claims for medical, RRSP, education, childcare, etc. as required, plus assistance with any subsequent requests from the Canada Revenue Agency

Self-employed Tax Preparation

Return for a person who has an unincorporated business or another form of self-employment income and wishes to reduce his or her tax bill by deducting business expenses. Includes the preparation of one GST or HST return per year if required, as well as credit claims for medical, RRSP, education, childcare, etc., and assistance with any subsequent requests from the Canada Revenue Agency.

CRA REPRESENTATION

 

Communicating with CRA on Your Behalf!

Are you an individual or a business that has been incorrectly assessed or re-assessed? Are you facing an Audit? Dealing with CRA can be stressful and intimidating. Don’t worry! With your assistance, we can help by providing you the professional representation and experience you need when dealing with the government agency and tax authorities. 

We can represent and communicate with CRA on your behalf in the following areas:

  • Late filing of personal taxes

  • Assistance with GST/HST assessments

  • Review of taxes prepared by other organizations

  • Help in complying with CRA Pre-assessment reviews and audits

  • Assistance with Tax Re-assessments and filing of adjustments