Corporate Tax Planning
When a company decides to undertake corporate tax planning, it is absolutely essential for it to work closely with a professional and experienced business accountant.
A professional corporate accountant should go the extra mile to understand your business and personal financial situations before using his experience, foresight, strategic thinking, business acumen and judgement to help minimize your personal tax bill at year end.
There are numerous business-related deductions your company could utilize including research and development credits. Also, should a company declare a dividend or a bonus to the owners, you will need an accountant that knows all the ins and outs of of tax planning and could quantify the tax consequences for all different scenarios.
For example, company shareholders need to repay any loans taken out from the previous year or there could be heavy tax consequences. Also, charitable donations are one way to save on corporate taxes and help out in the community. Finally, should a company purchase capital assets before the year end, it might be able to depreciate that asset for a half year.
There are many more corporate tax planning strategies that can help your business save on taxes.
Corporate Financial Statement Preparation
We prepare corporate financial statements necessary to be filed with your corporate tax return on a yearly basis. These are due six months after your year-end date.
These corporate financial statements include everything required by the government.
Our price ranges for Corporate Financial Statements vary depending on the complexity of the file, but would usually cost between $600 and $750.
Corporate financial statements include income statements, balance sheets, statements of retained earnings and cash flows.
Accounting Montreal offers you quality service and professional solutions according to the specificities of your company. We will meet your needs whether you are an SME or a large company. Do not hesitate to call us, we will be happy to assist you
We offer Corporate Tax Planning services to clients across Laval, Montreal, Dorval, Brossard, Longueuil, Boucherville, Terrebonne, Repentigny, Saint-Jérôme, Mirabel and Blainville, Quebec.