We are
Dedicated
Accuracy
Time-Saving
Expertise
About Us
DS Accounting and Taxes is a boutique accounting firm that provides services to individuals and corporations. Our services include personal and corporate tax preparation, income tax planning, accounting & bookkeeping and incorporate/register a business.
We are a team of experienced professionals who work very closely with clients to complete the bookkeeping, accounting, payroll, tax planning and tax filing matters. You are a business owner, and we want you to focus on your business, while we will take over your accounting and taxation segments. We always place you ahead in tax filing and be up to date with CRA. As being local accountant, you will get personalized attention in our services of accounting and tax related to your business.
Services
You are a business owner, and we want you to focus on your business, while we will take over your accounting and taxation segments.
01
BUSINESS REGISTRATION
The number one question that all small business owners ask is “Should I incorporate my business?” There are many pros and cons of incorporating, depending a lot on individual situations. Each business is different and there is no right or wrong answer to the question. Let our firm review your small business and give you […]
We look forward to helping you with
- Recommending and forming a Corporation
- Recommending the types of shares to be issued and to whom.
- Forming a holding company to protect your assets and profits.
- Obtaining a business payroll and HST number from the CRA.
- Updating corporate minute books
- Reviewing the integration of corporate and personal tax every year.
- Determining the amount of salary and/or dividends to be paid every year, and the relate tax benefits.
- Reviewing income splitting options.
- Recommending the HST Quick method, if beneficial.
02
ACCOUNTING
We look after your accounting hustle, organizing all your record keeping and build a strong bookkeeping that truly reflects your income and expenses. This way you can have numbers to plan for the future and maintain compliance with CRA. What we provide is: Customize chart of accounts Generate detailed general ledger Generate income statement and […]
What we provide is:
- Customize chart of accounts
- Generate detailed general ledger
- Generate income statement and balance sheet
- Set up and run payroll, issue paystubs and assist in payroll remittance to CRA
- GST/HST calculation and assist in remittance to CRA
- Prepare and file T-slips (T3,T4, T4A, T5) to CRA
03
BUSINESS/CORPORATE INCOME TAX RETURNS
We aim at minimizing your tax liability by considering all the eligible deductions and expenses. As our main goal is to provide professional services and advice to our clients, we thrive to achieve this goal by working closely with you. We personalize services as every client has a unique situation and solutions to each client […]
Precisely, we look after our clients in the following:
- Preparation Financial Statement
- Preparation of Corporate Income Tax Return
- Preparation/filing of GST/HST
- Tax Planning for business and self-employed
- T-slips filing (T3,T4, T5 Filing to CRA)
- Annual filing of federal corporations
- Non-resident personal tax filing
04
PERSONAL/INDIVIDUAL INCOME TAX RETURNS
Our boutique firm understands the value of time and makes sure your bookkeeping, accounting and taxation are done on time. Our team works very diligently with our clients to make hassle free even in CRA audits. We look forward to helping you with Personal Income Tax preparation & filings (T1) Self-employed (Uber, Trucking, independent contractors, […]
We look forward to helping you with
- Personal Income Tax preparation & filings (T1)
- Self-employed (Uber, Trucking, independent contractors, T4A recipients)
- GST/HST planning, preparation and filings
- Corporate tax planning and CPP, EI benefits
- T-slips (T4, T4A, T5) Filing
- Resolve issues with CRA that includes CRA audit