DISCOVER 4 WAYS A MISSISSAUGA ACCOUNTANT CAN HELP WITH YOUR TAX RETURNS

TAX RETURNS

Many taxpayers think that they have a simple tax return and it is easy for them to fill it out themselves. At Gary R. Landa, CA Professional Corporation, we had a client who was doing his elderly mother’s tax return for years. He thought that it was very easy to complete. However, he was not aware of all the deductions that could be claimed. The first year that we did the return, she received over $10,000 in refunds. If you are not aware of all the deductions that you may claim, you will never know if you maximized your tax refund. It is why our clients choose us, for services based on 38 years’ industry experience.

HERE’S HOW AN EXPERIENCED ACCOUNTANT CAN HELP MINIMIZE TAXES:

1. Deductions

An experienced corporate accountant will have a deep understanding of the Income Tax Act and can potentially find deductions, which otherwise may have been overlooked.

2. Detailed Filings

When tax returns are incorrectly filed, this can lead to potential audits, which often are overwhelming and expensive. By using an accountant, your chances of being audited are considerably lower.

3. Negotiating with the CRA

Your accountant can negotiate with the CRA on your behalf. Gary R. Landa, CA Professional Corporation has 38 years of experience dealing with CRA audits. We will deal with the auditor during the audit process.

4. Complete understanding.

Finally, there is the peace of mind that comes from working with an accountant who explains every step of the process, in as much detail as you need, to truly understand your financial and tax situations. Gary R. Landa, CA Professional Corporation in Mississauga, Ontario can provide you with practical solutions and tax strategies.

GET PROFESSIONAL ASSISTANCE FROM A TAX SPECIALIST AND MAXIMIZE YOUR RETURNS

Gary R. Landa, CA Professional Corporation, is dedicated to your personal and business tax needs. Contact us today for a consultation!

FOUR BENEFITS OF HIRING EXPERIENCED CORPORATE BOOKKEEPING EXPERTS

Corporate bookkeeping is an area where you should not rely on inexperienced bookkeepers. Inexperienced bookkeepers may be less expensive, but they can overlook important items that would be caught by an experienced bookkeeper. For example, a junior bookkeeper might post your accounting entries, but not look at financial statements to see if they look reasonable.

You need an experienced bookkeeper with decades of experience, like Gary R. Landa, CA Professional Corporation to get the most from your bookkeeping services investment.

HERE’S WHY YOU NEED EXPERIENCE AT THE HELM FOR CORPORATE BOOKKEEPING:

1. Fewer mistakes

Even in the best of situations, audits by the CRA are time-consuming and costly. The right bookkeeper can greatly reduce the chances of filing errors which lead to CRA investigations.

2. Deeper financial analysis

Your books may balance, but that only tells part of your financial story. Experienced corporate bookkeepers can dig into your financial statements, looking for areas where the company may be able to make improvements including saving money and tax planning.

3. Superior forecasting.

Bookkeeping is not merely for balancing your accounts and ensuring proper tax returns. In the right hands, it can be a powerful forecasting tool, giving you accurate information to support your on-going business decision making process.

4. Saves you time.

Your job should be running your business, not worrying about your financial details. Bookkeeping is a job for specialists, specifically so that you can be free to focus on your specialties. Further, you get the simple peace of mind from knowing that your financial situation is accurate and fully-documented.

THE END RESULT: BOTTOM-LINE SAVINGS

This all adds up to one simple conclusion: In most cases, experienced bookkeeping will more than pay for themselves in extra savings, superior planning, and accurate tax filings.

To learn more about how your corporate bookkeeping can be streamlined, please contact Gary R. Landa, CA Professional Corporation today.

4 BENEFITS OF CHOOSING AN EXPERIENCED ACCOUNTING FIRM TO HANDLE CORPORATE TAX RETURNS

Choosing the cheapest firm to handle your corporate tax returns will likely cost you more money in the end due to their inexperience. A prospective client called Gary R. Landa, CA Professional Corporation the other day, asking how much they charge for advice to help them sell their business to an identified buyer. They were surprised we could not only help them in the process of selling their business but that using an accountant can possibly result in saving time and ultimately fees that other professionals, who are required to assist in the transaction will charge.

When you hire an accounting firm with over 38 years’ experience, such as Gary R. Landa, CA Professional Corporation, it can make a significant impact on your bottom line.

FIVE MONEY-SAVING SERVICES YOU RECEIVE FROM AN ACCOUNTANT EXPERIENCED IN CORPORATE TAX RETURNS

1. Accurate Tax Return Filings

Improperly-filed tax returns make audits far more likely. Audits can be extremely costly and time consuming. When the tax return is completed correctly the first time, the chances of a tax audit are drastically reduced.

2. Identifying Deductions

An experienced accountant knows the details and particulars of the Income Tax Act, and can help you discover deductions you may not know existed. Since 2001, Gary Landa has been on the Toronto West Tax Practitioners Committee. This position affords him access to numerous contacts and professionals with various levels of tax expertise.

3. Tax Compliance Assistance

Beyond basic bookkeeping and filing, an experienced accountant can offer assistance with more complicated matters such as income tax compliance, HST/GST compliance, and payroll taxes.

4. Understanding Tax Implications

Business actions such as capital purchases and investments have a long-term impact on the company’s financial well being. A top corporate accountant can outline the tax implications of how to structure these acquisitions to maximize your tax deductions.

GET TOP ASSISTANCE WITH CORPORATE TAX RETURNS FROM GARY R. LANDA, CA PROFESSIONAL CORPORATION

Gary R. Landa, CA Professional Corporation offers decades of experience in corporate finance and tax law. Contact us today for a full future-focused consultation on your financial situation and needs.