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ACCOUNTING & BOOKKEEPING

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We provide accurate and comprehensive small business bookkeeping services that helps you manage and control your finances, plan for future growth and ensure that your accounts are completed more efficiently and eliminate late filing penalties

We also prepare management accounts to help you manage your finances, your customer account balances, your supplier account balances, stock levels and, Management accounts can also identify slow-moving or unprofitable goods or services, bad debt and surpluses or deficiencies in resources, so they can be a powerful aid in decision making.

We will explain what records are required and consider what your accounting information needs are, all in relation to the resources you have available; to ensure you have a bookkeeping service that suits you and your requirements.

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We prepare accounting statements that comply with accounting standards. This ensures that your companies assets and liabilities are safe and properly managed. This also gives you proper information about your revenue and expenditure. A well prepared financial statement ensures that you can optimize your bottom line and is also useful if you intend to raise additional capital through debt or equity period.

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We can provide you with online accounting services that ensures that you have real-time and online information on the GO. As Quickbooks Pro advisor we can provide you all the resources available from a world-class accounting software that ensures that you can print out invoices electronically, we can update your records and have them available online for you 24/7 and you can view your customers, vendors and inventory reports at your fingertips

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TAX

Using an accountant and a good tax software should ensure that your return is accurate, complies with tax regulation. At FamTax we are able to provide you experienced and dedicated tax accountants and specialized software to assist with your tax preparation which in turns reduces tax issues.
We can help you with the preparation of Personal & Business Income Tax Returns, Corporate Income Tax Returns, HST Returns, Payroll Returns, WSIB Returns.

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At FamTax, we use Tax minimizing strategies and reduce tax burdens. Whether you are looking for new ways to protect your business from federal taxes, or just need to take advantage of the available tax breaks for businesses, we will assist you in determining what your business qualifies for while keeping you up to speed in your business tax plans and strategies. Leave the stress behind and know you are in good hands.

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We can assist with any of your CRA Audit notifications, address issues with taxes owed to the CRA, many years unfiled taxes and related issues. We will profer solutions such as Tax Accounts Reconciliation, CRA Payment Plan, Tax Payer Relief, Tax Appeal etc.

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BUSINESS ADVISORY

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BUSINESS ADVISORY

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