Helping clients manage their accounting and tax needs, grow their business revenues, reduce operational costs and improve cash flows.
Accounting and Tax Services
Scan Accounting assists individuals who need assistance in organizing and keeping track of their financial affairs. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping. The foundation of a successful business is set up by well-organized financial records so that business operations are run in a fluent and a efficient manner.
Scan Accounting takes care of your books for you so you can focus on running your business and generating profits. We offer the following services to small business owners:
- Provide unlimited consultations
- Generate an income statement
- Clean up your general ledger
- Reconcile your bank account
- Generate a balance sheet
You can customize your package by including payroll, tax planning and preparation or any of our other services.
Scan Accounting also provides compilation of and preparation of sales tax returns. Other services include:
- Preparation and filing of GST or PST returns and other government remittances.
- Plan for your GST/HST liability/refund
- Preparation of Business Activity Statements
Scan Accounting will assist you with the preparation of your Personal (T1) returns. The following are some of the many services we offer related to your tax filing:
- Electronic filing of returns
- Preparation of your family’s returns (including spouse and children)
- Optimizing family income splitting
- Preparation of Foreign Income Verification Statement if applicable
- Preparation of adjustments to previous years’ filings as required
- Preparation of your HST return if you are self employed
Corporate tax is a complex and highly technical area of expertise. Whether a company is a small start-up business or multi-million dollar entity, each business has it’s own unique tax filing requirements and tax-saving opportunities.
As a full service accounting firm, we offer a wide range of corporate tax services to meet the needs of your business. We go far beyond simply filing a corporate tax return with the Canada Revenue Agency on an annual basis, and our experienced team of tax professionals will guide you and your business through the various corners of the Canadian tax system. Additionally, to make the process as easy for as possible for our Clients, we customize our approach based on your business size and individual needs.
We offer the following corporate tax services:
- Corporate tax return (T2) preparation
- Corporate tax planning
- Holding company structuring
- Salary vs. dividend consideration
- Income and capital tax minimization
- GST/HST return filing
- Scientific Research & Experimental Development (SR&ED) claims
Small business owners spend an average 12 days a year in payroll services. Those days could be spent generating sales, improving products or services, or evaluating and improving business. Outsourcing payroll services have the following advantages:
- Cost Effectiveness
- Time Saving
- Worry-free Payroll Tax Filing
- Focus On Your Core Competencies
- Comprehensive Reports
Our clientele span a variety of sectors and we offer customized software solutions for every business. We also support customers on common software products like Microsoft Excel, QuickBooks and Xero.