Trusted Corporate Tax Consultants in Scarborough, ON

At GAAP Financial Services, we offer expert corporate tax services to businesses in Scarborough, helping them navigate the complexities of tax compliance and minimize their tax liabilities. We provide a comprehensive range of services designed to ensure your business thrives while staying fully compliant with federal and provincial tax laws.

Tailored Corporate Tax Solutions

We offer a full spectrum of corporate tax services to meet the specific needs of businesses in Scarborough

  • Corporate Tax Filing: Our team ensures your business complies with tax regulations by accurately preparing and filing your corporate tax returns. We help identify available deductions and credits to reduce your overall tax liability.
  • Tax Planning and Strategy: We work closely with you to create tax strategies that align with your long-term business goals. Our tax planning services are designed to help you optimize your tax position, mitigate risks, and increase profitability.
  • GST/HST Returns: Navigating Goods and Services Tax (GST) and Harmonized Sales Tax (HST) can be challenging. We ensure your business is up-to-date with these filings, helping you claim all eligible input tax credits.
  • Tax Audit Support: In case your business faces a CRA audit, we offer expert guidance and support to ensure that your records are in order and that you meet the CRA’s requirements, minimizing disruptions to your operations.

Our Process

Our approach to corporate tax services is designed to be thorough and effective. Here’s how we make sure your taxes are handled with precision and care:

  • Initial Consultation: We begin by understanding your business structure, tax obligations, and goals. This allows us to tailor our services to your needs.
  • Tax Planning & Strategy: We work with you to create a proactive tax strategy, ensuring that your business minimizes tax liabilities and takes advantage of available tax benefits.
  • Tax Filing & Compliance: Our team handles all aspects of tax filing, ensuring that every deduction is accounted for and that you stay in full compliance with the CRA.
  • Ongoing Support & Review: We don’t stop at filing. We provide continuous support throughout the year, offering updates on changes to tax laws and ensuring your business stays ahead.

Why Choose GAAP Financial For Corporate Tax Services?

At GAAP Financial Services, we combine local expertise with a tailored approach to meet the unique needs of Scarborough businesses. As a local business ourselves, we understand the challenges and opportunities specific to the area and are able to provide solutions that fit your situation. We don’t just focus on filing taxes; we offer ongoing support and proactive advice, keeping you informed of any tax changes that could affect your business. Whether you’re a small business or a large corporation, our team is dedicated to your financial success.

Client Testimonials

Frequently Asked Questions

What tax credits and deductions are available for my business?

Businesses may qualify for several tax credits and deductions, such as expenses for business operations, capital cost allowances, and tax credits for research and development. Our team will help you maximize these opportunities and reduce your taxable income.

We develop personalized tax strategies to help minimize your corporate tax liability, including utilizing deductions, income splitting, and making strategic investments. Our goal is to ensure you’re always in a tax-efficient position.

If your business is selected for an audit, our team is here to guide you through the process. We’ll help you prepare the necessary documentation and ensure that your response meets CRA standards, reducing the risk of penalties.

Get in Touch with GAAP Financial Services

Don’t leave your corporate taxes to chance. With our professional corporate tax services in Scarborough, we’ll help you navigate complex tax regulations and ensure your business thrives. Contact us today to schedule a consultation and let our team support your business through tax planning and filing, so you can focus on growing your company.

Additional Services

  • Corporate tax preparation
  • Book keeping and Accounting
  • Business registration
  • Investment strategies
  • Insurance services
  • Temporary accounting support
Contacts
Visit Us Daily

Unit 107 - 2100 Ellesmere Road, Scarborough, ON M1H 387

Have Any Questions?

647 347 2959
647 929 6358

Mail Us

info@gaapfinance.ca