Jordan Boye, CPA CA - Chartered Professional Accountant
Plus... Certified Bookkeepers For Fast, Accurate Results
We offer one of the best accounting and bookkeeping models in the industry with regards to accuracy, timeliness, customer service and affordability with regards to accountants and bookkeepers. You can rest assured that our Calgary chartered professional accountants and bookkeepers have the highest designations in their respective industries,
Our Accountants in Calgary Strive to Offer the
Best Service at an Affordable Price...
Did you know that filing corporate tax returns is an unregulated industry? Literally anyone can file a corporate tax return. You don't have to be an accountant. Unfortunately, that means that a lot of corporate and personal tax returns are being filed by people who are potentially not familiar with all of the laws, policies and procedures governing corporate and personal tax returns and many business owners have been overpaying taxes for many years! That's why we perform a 3-year review and often find many mistakes that others have made. At Small Business Tax Accountants we pride ourselves on the fact that every single tax return is performed by a CPA - Chartered Accountant.
Fast Accurate Bookkeeping:
that gives you a monthly Operating Statement
so you will always know what your
accounts receivables, payables and profits are
Did you know that approximately 80 to 90% of business owners don't have monthly operating statements? How do they know exactly how much money they're making or losing each month? They don't! We use Certified Bookkeepers that produce fast, accurate results that tell you exactly how much money you're making or losing in a monthly operating statement that is performed by the 5th of the following month. You always know where you stand!
We plan your tax return in advance of your fiscal year-end
to identify actions you can take now
while they can still affect your current year’s taxes.
This presents opportunities for you to
minimize your taxes and improve your financial position.
How can you plan if you have no idea how much money you're making or losing in advance of your fiscal year end? Your fiscal year end is the last date of the year which your taxes need to be accounted for. While often this is December 31, smart business owners make their fiscal year end when accountants aren't so busy, away from tax time. By completing your tax return in advance, we can start planning the best way to save on taxes because for certain initiatives there is only a tiny window of opportunity to decide the best way to report, that will put the most amount of money in your pocket, tax advantaged, legally.
Corporation vs. Sole Proprietor;
Salary vs. Dividend;
How to take money out of your corporation tax free;
Succession or exit strategy
The Canadian Tax Act is complicated and often confusing with its fair share of grey areas that are decided by CRA auditors in the event that you get audited. Most business owners don't know when to incorporate or why they might only operate a sole proprietorship. Most Calgary business owners don't know if they should be taking a salary or paying themselves via a dividend. Most business owners don't have an exit strategy and when they die prematurely, the accountant, lawyer and CRA shares in their estate's money. We believe in educating our clients. The more we educate you on what is needed, the higher liklihood that we'll be able to get it from you and have it in place in the case of an emergency. No surprises.
Personal Tax Returns:
Make sure you're not overpaying taxes
Did you know that many people who do personal tax returns for a living have only taken basic tax training with a company like H & R Block? While they are often able to help people with simple matters, they are NOT properly educated on all of the implications that a Chartered Accountant would have working knowledge of. It is scary how many people are over paying taxes every year, year in and year out.
Did you get a letter from CRA
with a huge unreasonable amount owing
that you know you don't owe? Call us.
This is often just a CRA tactic
to get you to respond faster than you have been.
CRA wants you to collect the proper GST amounts and remit them within the deadlines. Failure to do so can result in penalties and interest and can "red flag" your account for a potential audit, or you could get a letter for CRA saying that you owe much more than you actually do. Don't wait any longer. Call us and we can help you with relieving the pressure from CRA. There are a lot of different ways to handle these types of situations, especially if you have limited funds at this pint in time.
Did you know that many Calgary accountants
raise their fees as your revenues go up?
Whether you make $50k or $500k
we charge reasonable fees
based on labour costs, not your revenues
Can you imagine? You make $50,000 and pay $900 in accounting fees. 2 years later you make $500,000 and have to pay $4,500 in accounting fees! Ludicrous! There's most likely the exact same amount of work for the accountant. It's the bookkeeper that has all of the extra work that needs to be done. There are more transactions, so more invoices, more time to do monthly reconciliations, etc. The actual time that the accountant spends is exactly the same unless they have to physically see each one of your receipts, which is called a Review or an Audited Statement. Most Calgary businesses will never need them unless they have a huge loan from a bank or unless they're a franchise or publicly traded company.