Dynamicnumbers Professional Corporation

Financial statement preparation When you are asked to prepare the financial statements or Notice to reader by a chartered accountant for the banks or shareholders. We can prepare the NTR for you.

Corporation income taxes: -Compensation planning including management payroll & Shareholder's dividends. -Reorganizations -Regulatory and compliance filing, including tax returns -Corporate income tax returns -HST and other sales taxes and keep a record of each employee(contractor) -Representation before tax authorities

Corporations and Sole proprietorships should record their accounting data such as bank and credit card transactions and All tax records and business documents need to be kept for six years. The six-year period begins late if the tax returns are filed late. The best practice is to keep all supporting documents for seven years. The best way to keep the accounting records for such a long period of time is using cloud based bookkeeping software. We're using fully Cloud-based bookkeeping with high security for your data. You can be sure of our trustful services in this criteria: -Keep track of expenses and expense reports -Manage the accounting for your construction company, making sure it’s always up to date and consistently accurate

Using the fully automated payroll software we will take care of all the processes, including: -T4s and other required tax slips -CRA deductions, EI, CPP, federal and provincial tax -EHT and WSIB deductions -Handle your time-tracking and payroll so that your employees, contractors, and the CRA are always paid on time and accurately -Pay stubs and employment remittance recordings

Every Accounting/ Bookkeeping service provider needs a reliable support when they are facing complex accounting or taxation situations or cases. Our experienced CPA consultants help you with special solutions. Some of the popular areas for accounting and bookkeeping firms are as follow: -Accounting for Joint ventures -Accounting and taxation for real estate developers -Tax planning for shareholder remuneration (mainly used for service industries like Medical doctors, dentists and Veterinarians). -CRA audit inquiries (we help accountants to give an appropriate responses to the CRA inquiries and re-assessments).

Taxation for properties: Someone with adequate experience and expertise should perform the personal taxation for the property owners, there are so many elections, rollovers, and designations that can put you in a better position and help you avoid double taxation. There is also an exemption for your principal residence which should be addressed properly when the principal residence being sold. Tax credits, tax benefits & tax deductions: Families with children under 18 can get a child benefit as well as variety of other benefits, to ensure you get the maximum possible tax benefit your accountant should be some one who knows all of the applicable tax benefits and tax deductions and can apply them properly. Tax compliance: You're responsible for what is filed for your personal taxes, therefore, you should make sure you choose an accountant that can help you comply with your taxes, otherwise, there would be consequences (fines, interest on taxes, reassessment and even worse like confinement). Personal and self-employed tax returns including: -Preparing T1, T2125 -Tax preparation and filing personal tax returns when sole proprietors have over $30000 of sales or when they decide to voluntarily register for the HST/GST we should also calculate the HST/GST: Using your bills we can calculate tax credits and deduct them against the HST on invoices. We can also file your HST/GST tax return.