What To Expect
Partner with a professional who is experienced in working with consultants across many different industries. From real estate brokers to marketing consultants, we interact closely with our clients to deliver the best possible service. We pay attention to detail in order to minimize errors and ensure compliance. If you need help streamlining your financials or reporting processes, we’ve got you. We can collect and standardize financial data to ensure your consultancy firm is performing well over the years. Our goal is to grow your business while taking care of all matters involving your finances.
Customized Financial Services
When you contact us, we’ll offer a free consultation to help you better understand our unique services and how we can add value to your consultancy. We’ll discuss with you all your unique needs to present you with effective solutions for all your accounting and taxation issues. Whether you need us to provide you tax minimization strategies or proper bookkeeping services, we’re ready to customize the right package for you. Our Toronto Accountant has all the skills and knowledge required to address the rapidly changing consultancy environment.
Are you a consultant struggling to meet your accounting or taxation needs? We’ve got you. GTA Accounting Professional Corporation is ready to handle it all. From preparing your financial reports to processing payroll, bookkeeping and tax filings, we have the skill and expertise to serve consultants. We are among the few Accounting Firms in Toronto to dedicate a Chartered Professional Accountant to the consultancy industry. We recognize that as a consultant, you have a unique set of issues and concerns. That’s why we offer you a Chartered Professional Accountant who is willing to perform tax preparation, and advisory services.
Financial Advisory Services
As a consultant, you are in constant pressure to grow your business or personal brand. It’s our goal to help you reach your objectives by saving more money and reducing your tax bill. Whether you need advice on transacting in a smart way to minimize on taxes or valuations, we have a CPA who can provide you with value. We have been serving the needs of Toronto consultants and we’re always happy to start working on new projects.
Get Tax Planning and Compliance Services
GTA Accounting Professional Corporation provides you with cutting edge technology and resources to minimize taxes. We’ll offer you all the tax planning and preparation services you need through the life cycle of your project. We understand all the federal and state income tax laws that must be met by all consultants in Canada. We apply laws tax rules depending on the province or territory where you offer your consultancy services.
Take Advantage of Our Assurance Services
Consultants can benefit from assurance services such as financial statement compilations. In each report, we utilize best practices and offer efficient, complete and accurate information. Whether you need a financial statement to secure financing for your consultancy company or you want simple bookkeeping services, we’re here for you.
FTC (Foreign Tax Credits Or Deductions)
For all the taxes you paid in Canada, you can make a claim for foreign tax credit on your United States tax returns. If you are a green card holder or a U.S. citizen, you must file the 1040 form on yearly basis if you meet a certain income threshold. You may be subject to S.E. tax exemption if you reside in Canada and you are exempted by the Canadian U.S. social security agreement. You will have to file disclosure to this exemption with the 1040 Form.
Other than filing the 1040 Form every year, you may be subject to additional tax reporting. Additional tax reporting may apply if you are a beneficiary or if you own Canadian Mutual Funds. You are also subject to additional U.S. tax reporting if you own or are a beneficiary of Canadian RPPs, RESPs, RRSPs, and TFSAs.
Need Help With Taxes?
Bookkeeping, Tax Strategies and more.
Complete the form below to get in touch with us.