Markets for mortgages have become very competitive now a days and the role of the mortgage broker is now more popular especially in the real estate business.
Mortgage Brokers will need to register themselves federally and provincially before initiating a business. They also need to acquire certain permits and licenses from the CRA and local administrative authorities. Failure to acquire necessary permits and licenses can result in fines, or even cause their mortgage business to be shut down.
Mortgage Brokers should hire an accountant who is an industry specialist as the accountant will be protecting your business interest and enabling you to make smart business decisions. GTA Accounting is proactive in tax planning and business consultation matters. We are specialized in the taxation of mortgage brokers and offer our services at a very competitive price. We hope you take the opportunity to have a free consultation regarding your tax situation.
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