Having your own small business is an exciting endeavor full of major responsibilities. Accurate tax reporting and preparation needs to be an essential part of your routine. Kochhar & Co. Chartered Professional Accountants can successfully accomplish all of your accounting needs with your Canadian business and also if you conduct business in the USA.
Self-Employment
There is extra pressure to succeed when you are self-employed. We understand the complexities that small business owners face. There are numerous regulations regarding tax responsibilities. It is essential to know that your company is meeting all the regulatory compliance. We work with our clients to help you understand the financials.
Feel secure with your business and spend your time and energy growing your company by letting us help you with your financial paperwork.
When a person is self-employed, there is often a greater pressure to succeed. Business owners face many details, challenges, and complexities. There are specific tax regulations and responsibilities to be aware of. It is vital to understand these parameters and ensure that your business is maintaining all the regulatory compliance.
Our dedicated team works closely with our clients to help you make sense of everything. We take pride in educating our customers. Enjoy peace of mind knowing that your financial paperwork is in order with us so you can free up your energy and time to focus on growing your business.
Accurate Tax Planning
The correct tax strategies will benefit your business and help you enjoy maximum success. Whether you operate as a sole proprietor or are incorporated, our small business tax professionals have the options you need. We utilize our skills and experience to help you save money during any business expansion, transition, or sale.
Succession Planning
After running a successful business, establishing a succession strategy is essential. We can help you understand your long-term business goals. Are you planning to close the doors? Liquidate or sell your business? Perhaps, you want to live off the profits of your efforts.
Whatever route you choose, our experienced team can explain the various implications that comprise each choice. Choosing a succession plan you are content with is important. Once you have all of your options outlined, it will be easier to enjoy some peace of mind.
GST/HST
Most Canadian businesses much collect, handle and remit HST and GST to the government. Kochhar & Co. can establish a system to accurately collect tax and file your HST and GST return on time. You will be subject to penalties if your taxes are not completed on time. Let us help you avoid any missed deadlines and potential penalties.
Audit Assistance
If your small business is being audited, it is vital to have Audit Assistance to make sure all is up to par for the CRA. Our exceptional team of tax professionals is here to ensure your books are correct. There are numerous rights and responsibilities that are associated with tax law. We take pride in educating our clients every step of the way.
Let us help you take any procrastination, fear, and stress out of any audit situation.