corporation tax
Tax Planning
Business tax services are vital for enterprises navigating the complex tax compliance landscape. Our accountants offer comprehensive tax compliance services, meticulously preparing and filing various tax returns across jurisdictions. They also provide invaluable guidance on entity selection and structuring, helping businesses choose the optimal legal structure that aligns with their tax objectives. Furthermore, our experts specialize in employee benefits and compensation planning, ensuring companies can offer competitive packages while considering the organization's and its employees' tax implications. A part of business tax also is corporate tax.
personal tax
Tax Preparation
Personal tax services encompass a range of offerings designed to assist individuals in managing their tax obligations effectively. This includes meticulous tax preparation, ensuring that all relevant deductions and credits are applied and returns are filed accurately. Additionally, our tax professionals provide strategic tax planning advice throughout the year, guiding individuals in making financial decisions that minimize their tax liability. We also specialize in estate planning, ensuring the smooth transfer of assets while minimizing estate taxes. We also offer representation in dealings with tax authorities, ensuring clients are well-advocated in audits or disputes.
business stert-up consulting
Business Consulting
Elite Accounting Group Inc. provide professional business and financial consulting services for a diverse clientele in the York Region and Greater Toronto Area. We draw to provide unique business solutions tailored to your specific industry, including:
There are many benefits to hiring an outside financial consultant to advise your business, including:
- Creating the most tax efficient structure for your business
- Incorporating and registering your new business
- Assistance in allocating and managing your funds
- Assistance in managing your cash flow
- Assistance in prioritizing your goals for the business
bookkeeping Services
Bookkeeping Services
We provide professional bookkeeping services to ensure your financial records are accurate and up-to-date. Our team of experts uses the latest software and technology to handle all your bookkeeping needs.
- Monthly, quarterly and annual bookkeeping
- Posting transactions to the general ledger
- Processing of accounts payable/receivable
- Reconciling bank statement to general ledger
- Remittances (GST/HST, source deduction, WSIB and etc.)
Why we recommended Bookkeeping for your Business?
There are many benefits to outsourcing your business’ bookkeeping services, including:
- Access to state-of-the-art bookkeeping tools and resources
- Less distractions and worries, so you can focus on your business
- Save money – you don’t have to pay full-time wages and benefits to an employee providing the same service
- More effective bookkeeping from knowledgeable experts in the field
- Customizable options to expand or scale back your bookkeeping services
payroll services
payroll
Our payroll services help you save time and money by handling all aspects of payroll management. From calculating employee wages to filing payroll taxes, we've got you covered.
Processing of government remittances and payroll
- Calculating gross pay, statutory, net pay and other deductions
- Source deduction remittance
- Payroll administration
- Summarizing payroll and contractors’ earnings
- HST/GST remittances
- Preparation and filing of T4/T4A, T3 and T5
Payroll Software:
- Sage 50
- QuickBooks