Professional Tax Preparation Services for Canadian Businesses

Our tax preparation services stand apart through our unique bookkeeping-first approach. Unlike traditional Canadian tax services providers who only work during filing season, we maintain your financial records year-round through QuickBooks, ensuring organized, audit-ready bookkeeping that makes tax preparation stress-free.

Our tax preparation expertise includes every transaction properly coded, reconciled, and categorized according to CRA standards. We handle complex scenarios like multi-provincial GST/HST filing, input tax credit optimization, industry-specific deductible expenses, and strategic tax planning timing.

We prepare comprehensive year-end packages including organized financial statements, general ledger details, supporting documentation, and detailed notes for your tax accountant. This organized bookkeeping reduces accountant review time by 30-50%, directly lowering tax preparation fees while maintaining complete CRA compliance.

Year-round bookkeeping dramatically improves tax preparation outcomes by transforming stressful, rushed filing into smooth, strategic exercises. When books are maintained continuously through QuickBooks, every transaction is captured, categorized, and reconciled in real-time, ensuring accurate financial records ready for tax preparation.

Monthly reconciliation through bookkeeping catches errors immediately, preventing small discrepancies from compounding into significant accounting problems. Consistent expense categorization ensures all deductible costs are properly identified and tracked throughout the year, maximizing your eligible deductions for corporate tax returns.

Regular bookkeeping enables quarterly tax planning—we review your financial position, project tax liabilities, identify planning opportunities, and implement strategies before time windows close. Organized bookkeeping provides the financial visibility needed for tax-smart business decisions and strategic GST/HST filing optimization.

Far Beyond Bookkeeping handles comprehensive CRA compliance requirements for businesses across all provinces. Our tax preparation services encompass the full spectrum of CRA obligations, starting with corporate tax returns preparation. We maintain books year-round ensuring T2 corporate tax returns are accurate and complete.

GST/HST filing represents another core competency. We manage everything from initial registration and rate verification to accurate tax collection, complete input tax credit tracking, and timely CRA filings. Our system handles multi-provincial operations, applying correct place of supply rules and managing tax rate variations.

Canadian payroll tax CRA compliance is handled comprehensively. We calculate CPP, EI, and income tax deductions, prepare payroll remittances, and manage filing schedules. Year-end T4 slips and T4A slips are prepared accurately and filed on time. Beyond payroll, we prepare CRA information slips including T5018 and T5 slips—all filed by statutory deadlines with complete documentation from our organized bookkeeping.

Our GST/HST filing services implement comprehensive optimization strategies that improve input tax credit recovery by 15-25%. The foundation is meticulous bookkeeping tracking of every GST/HST transaction through QuickBooks. We capture every dollar of tax paid on eligible business expenses, categorize correctly for input tax credit purposes, and maintain audit-ready documentation.

For multi-provincial operations, our tax preparation applies correct place of supply rules, determines applicable tax rates, and manages complex scenarios like interprovincial sales and cross-border services. We ensure zero-rated and exempt transactions are properly identified while maximizing recoverable taxes on related inputs.

Our system identifies and manages special situations many businesses miss. We track self-assessment requirements for out-of-province purchases, handle rebate applications, and manage recapture rules. We optimize GST/HST filing frequencies based on cash flow needs and tax recovery patterns, ensuring every eligible credit is claimed promptly while maintaining complete CRA compliance.

Continuous tax planning through year-round bookkeeping is one of our most valuable services. Because we maintain financial records continuously and review them quarterly, we identify tax planning opportunities as they arise—when action can still be taken—rather than discovering them at year-end when planning windows have closed.

Our quarterly reviews analyze financial position, project tax liabilities, and identify strategic tax planning opportunities. Common areas include optimal timing for large asset purchases—accelerating acquisitions before year-end to claim capital cost allowance sooner, or deferring until the new fiscal year. We identify expense prepayment opportunities and revenue recognition strategies.

For incorporated businesses, we provide insights into optimal profit extraction strategies—balancing salary, dividends, and bonuses to minimize overall tax liability. We track RRSP contribution room and identify industry-specific opportunities: construction companies optimize equipment depreciation; retailers optimize inventory valuation; professional corporations implement income sprinkling strategies; healthcare practitioners optimize equipment financing—all through organized bookkeeping.

Our tax preparation process for corporate tax returns makes handover to your tax accountant seamless, accurate, and efficient. Unlike bookkeepers who hand over messy general ledgers, we prepare comprehensive year-end packages that significantly reduce accountant review time and associated fees through organized bookkeeping.

The year-end package includes organized financial statements prepared according to Canadian accounting standards, detailed general ledgers with properly categorized transactions, asset registers with cost and accumulated depreciation, bank reconciliation reports, credit card reconciliations, loan and lease registers, accounts receivable and payable aging reports, inventory records, and detailed notes explaining complex transactions.

During filing, we serve as your accountant's primary resource for tax preparation questions. We respond promptly, provide additional documentation, and explain transaction context. We track all corporate tax returns filing deadlines—T2 returns due six months after year-end—ensuring nothing is missed. Our coordinated approach with tax professionals ensures accurate, on-time filings while maximizing legitimate tax savings and maintaining audit readiness.