ACCOUNTING AND TAXES
Navigating the complex accounting, tax, and financial reporting compliance can be easy when a professional does it for you. Do not struggle alone, we are here for you.
Taxes in their various forms account for a significant portion of corporate and personal expenses for every Canadian. Bkcrunch integrates the tax situation between the business and its owner(s) to maximize tax-planning opportunities and ensure the proper use of legally allowed tax minimization strategies.
We offer personalized accounting and taxes services to help you escalate your business to the next level. Our professionals work hard to bring their experience and expertise to every decision, ensuring you get value out of our tax services.
SERVICE CAN INCLUDE:
Personal taxes
- Canadian (T1) personal income tax return preparation for business owners, rental investors, unincorporated business owners.
- Canada Revenue Agency inquiries and audit support.
- Immigration / emigration planning.
- Residence for income tax purposes.
- Rental properties.
Corporate taxes
- Canadian (T2) corporation income tax return preparation
- Canada Revenue Agency inquiries and audit support
- Income tax planning
- Sale of a corporation and capital gains exemption planning (exit strategy)
- Purchase and sale of corporate assets
- Incorporation of a self-employed proprietorship
financial statements
- Compilation of financial statements
- Preparation of financial statements under ASPE with supporting working papers
- Accounting system review and suggestions for improvement
- Preparation of journal entries to record complex transactions
- Preparation of year-end journal entries and adjustments.
Additional services
- B.C. Provincial Sales Tax compliance and reporting
- Goods and Services Tax (GST)/Provincial Sales Tax (PST) compliance and reporting
- Canada Revenue Agency & B.C. Ministry of Finance audit support.
- calculate payroll remittances and filing of annual T4 slips.
- determine your annual dividends and T5 slip filing;
- optimize annual bonus payable and calculate remittances.