Corporate & Personal Accounting
Personal tax returns
Figuring out how much you could be saving is not easy?
We as Accountants understand that filing your tax return is not always easy, which is why we’re here to help guide you through the intricacies of Canada tax rules and regulations. Let Raj Katlaria, CPA’s expert advice and promise to maximum tax deductions and quick tax filing save your valuable time and money.
It is of little significance as to which Canadian tax brackets you fall into—if you are searching for a qualified CPA, then seek Raj Katlaria, CPA, tax accountant in Surrey’s expertise in understanding the ins and outs of Canadian tax brackets, Canada tax forms, tax credits and tax deductions, we are here to help. We will show you exactly which tax forms need to be filled out and which taxes need to be filed.Our tax calculator can help you estimate your tax refund (or liability). A quick tax refund can completely be ensured with our online tax return option .
To help you through this process we have compiled a checklist of documents in our document checklists section that will help you gather all the documents you need when you come in for you appointment.
Whether we like it or not, taxes affect us all. And they can be pretty complicated — perhaps, personal taxes among all.
We completely understand that, so we are committed to doing our part in building a better working world. And we start with the world that matters most to you — your world. So we want to help make things a little easier for you when it comes to your personal taxes.
To build a better world, you need to ask better questions. How can I sort through the myriad tax credits to find the ones that are right for my situation? Would income splitting be the right path for me? What do I need to know before buying a house or making any other major investment? Is a RRSP or a TFSA the better plan for retirement? We’ll get all those questions answered for you.
The Tax services we offer include, but are not limited to:
*Tax planning for individuals and corporations
*Return preparation for
– Estates and trusts
– Not-for-profit organizations
*Provincial and federal commodity tax planning and compliance
*Tax considerations in matrimonial settlements
*Tax effects of buying/selling a business
*Tax effective retirement and estate planning
Corporate Financial statements and tax returns
Many business owners become anxious when they see the differences between their financial statements and tax returns. To some owners, it seems as though they’re keeping two completely different sets of books — a situation that no auditor would look upon happily. However, while the differences between these two reports can mimic the act of keeping two sets of books, it’s actually entirely appropriate.
Financial statements have a different purpose from tax returns, and sometimes information on each is recorded based on its benefit to the purpose of the specific form. While tax returns are meant to encourage a business to report all income, subtract all expenses, and determine its tax liability, a financial statement has a much more involved purpose that affects the future direction of a business. Therefore it is acceptable to have variances between financial statements and tax returns. If you are unable to pinpoint the factors that are contributing to the disparity and are concerned that something might be reported inaccurately, then we can help you align your efforts.
As a business grows, it needs to hire more employees, which can result in increased payroll administration. We can not only assist you in implementing the required controls necessary to ensure a reliable, efficient, and effective payroll system, but we can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.
Accounting and Bookkeeping
Your business is important. Let us help you keep your accounting and bookkeeping in order so that your business can grow. We provide a full range of cost effective accounting services including the following:
*General ledger & financial statement preparation
*Accounting system setup for new businesses
*Compilation of financial statements
*Audits and reviews
We are aware of how important business valuation is to any transaction. To create a complete financial picture, we take into account all of the latest trends and activity in your business field. A company’s income, asset, and market profile are all considered to give you an accurate assessment of your business valuation. From mergers and acquisitions to business bankruptcy, our business valuation calculator will help you develop an intelligent and effective business strategy so that your business future remains in your control.
You are sure to benefit from out expert advise and professional client services!
Below are just a few of the areas in which we provide consulting services:
*Accounting software selection and implementation
*Buying/selling a business
*Business process improvement
*Financial & retirement planning
Whether it’s your family business, a partnership, or a corporation, we understand that good decisions can only be made when you have good information. Our business consulting services are exactly what you need to plan your next move.
Succession planning involves transferring ownership and control of a business to
new management. Planning for the succession of your business can be very complicated. Let us help you with it.
What kind of financial future do you want to have? Financial planning is more than just budgeting your present dollars; it’s feeling in control of your financial management. Whether you’re focusing on your personal finances or your business’s, let Raj’s financial services advice guide you to make the intelligent choices that will ensure that your finances are working toward your goals and guide you through the decision making with the budgeting, savings and investment advice that you need.
Compliance returns – HST/GST
We can assist our clients, who are responsible for collecting and submitting GTS/HST, in the compilation of information and preparation of GST/HST returns.
Let our professional client services ease you by understanding your concerns with guaranteed results!
For all your tax and accounting needs in Surrey, Delta and the surrounding area, you can rely on Raj Katlaria, CPA.
Contact our office to schedule a personal consultation.