Small business owners are faced with countless challenges when managing their business. Let SRJ help you understand the financial side better so you can focus on your business’s growth. Proper accounting is crucial in increasing our revenues and managing your business better. We can guide you and ensure that your accounting needs are taken care of in an exceptional manner. Contact SRJ Chartered Accountants to help you with all your tax and accounting needs.
Small Business Tax Consultant in Toronto
Small Business Accountants in Toronto
As an operator of a growing business, you are faced with multiple challenges. Everything from how to manage the day to day operations, to what the long-term strategy should be. All while working hard to ensure that you are profitable. Our small business accountants in Toronto work with you to make better decisions for your business.
Our team is that key member that helps you better understand the financial side of the business. From analyzing costs to optimizing the process for rotating inventory, we help businesses retain control of their bottom line.
Proper accounting practices allow for companies to increase revenue and manage expenses as well as ensure that clients do not forfeit potential tax savings when tax season rolls around. They can also help reconcile customer deposits and invoices in order to make collections easier.
Small business tax returns can be confusing to navigate, and it is also important to avoid missing any deadlines that can result in penalties and fines. There are also many tax credits and deductions that companies can receive, and a professional small business accountant with the technical competency and expertise will help businesses respond to those opportunities. A lower tax bill can also significantly increase profitability.
Professional Small Business bookkeeping services in Toronto
Advisory Service — We have seasoned experts to help you with SR&ED Claims, Business Consulting, Forecasting and Budgeting.
Accounting Services — Have your Audits, Reviews, and Financial Statements professionally prepared on time, every time.
Tax Services — Never worry about your Personal and Corporation Taxes, HST, Payroll Taxes, Tax Planning and Advisory again. We will manage it all.
Incorporation Services — Incorporating your small business can drastically reduce your tax liability. We'll get you setup in no time.
Bookkeeping Services — Let our office handle the books. Our team of proficient & professional bookkeepers can help keep your practice finances in order.
Small Business Tax Consultant in Toronto
Small business owners are faced with countless challenges when managing their business. Let SRJ help you understand the financial side better so you can focus on your business's growth. Proper accounting is crucial in increasing our revenues and managing your business better. We can guide you and ensure that your accounting needs are taken care of in an exceptional manner. Contact SRJ Chartered Accountants to help you with all your tax and accounting needs.
Other Tax Benefits
In addition to the tax benefits received by incorporating your services, there is also more flexibility in how you pay yourself. A sole proprietorship gets taxed on earnings right when it is received whereas a professional corporation has the choice to defer taxes by leaving money inside the corporation until it is needed or until it is more beneficial from a tax perspective. Other methods of receiving favourable tax treatment is by employing a family member and paying them regular salary or paying dividends to yourself as a shareholder.
There are many tax saving opportunities available if a professional corporation is properly set up. Consult our team of tax specialists in Toronto to establish a corporation that meets all your needs. We will find the best methods to minimize taxes for you. Learn about self-employed tax returns Toronto.
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Tax Advantages for Small Businesses
- Maximize tax credits and deductions
- Avoid penalties with on-time filing
- Incorporation to reduce tax liability
- Professional financial statement preparation
- SR&ED claims and business consulting
Small Businesses
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SRJCA has assisted clients from large corporations to small businesses. Wherever you fall in the spectrum we are here to assist you with your financial planning and goals. Set up a consult with us to see how we can serve you best.
SRJ Chartered Accountants has two conveniently located offices in the Greater Toronto Area.
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Client Success Stories
Alyza Raithatha - Integra Health Centre
Craig Gibson - Scotiabank
Abraham Top - Diamond and Diamond Lawyers
Shayan Rashid, CPA
Co-Founder
Shayan Rashid works with small business owners to provide strategic advice on taxes, accounting, and growing the business across Canada. The goal is to help small business owners better understand their finances to make better decisions and grow the business.
Junaid Usmani, CPA, CA, MTax
Co-Founder
Junaid Usmani guides small businesses by providing strategic advice on taxes and growing the business. Junaid helps improve profitability while dealing with the day-to-day complexities of the business.
Tracie Heier, CPA, CA, MPAcc
Partner
Tracie partners with small business owners to help manage the finances of the business, including accounting, taxes, and advisory services. Tracie has over a decade of experience, ensuring small businesses are well-organized to grow their business.