Our Services
Personal and Business Tax Returns
Our personal and Corporate income tax service will get you the refund you deserved or minimize the taxes owing because we will take our time to ensure we capture all the allowable expenses. It is necessary to get you the refund you are indeed eligible to claim without any CRA hassles. Our Tax experts are here to help you navigate the world of taxes, including regulations and new laws to the different types of tax returns. There are Tax credits available to Ontarians, but it takes a seasoned tax analyst to discover them. For example, the 2019 tax year has numerous credits and benefits to claim, but the features and qualifying criteria are daunting. Filers need to slow down and make sure that the professional tax preparer they choose is an experts who will care for their personal tax needs. Personal Tax Services includes:
Self Employed Taxes
Prior Year Taxes Remote
Tax Filing Services CRA
Audit Tax Adjustments
Tax Planning Services
Disability Tax Credit Program
New Immigrant Tax Services
Our Tax Professionals handle all situations, whether they are simple or complicated.
We specialize in Tax returns for:
Married Couples &Couples with children
Employed Professionals
Investors with multiple sources of income
Seniors with Canadian and Foreign pensions
Commission Income taxpayers
Students
Bookkeeping and Accounting
Managing the day to day operations of a business can be daunting and very time-consuming.
PSB & Assoc. Accounting & Tax Services can free you of these challenges, thus allowing you more time to concentrate on maximizing profit for the business. Also, while most businesses need a bookkeeper to keep the books, bookkeeping will become a lot more than just data entry, balancing bank ledgers, and reconciling bank statements. These functions will slowly diminish in the coming years and may even become obsolete, as cloud-based bookkeeping software will handle most of the tasks. Our firm is already exploring and using these emerging software options. We aim to support our clients through these changes, presenting value-added services using top-of-the-line software such as QuickBooks online and desktop software.
Bookkeeping and Accounting Services Include:
Corporate Tax Return
Accounting Services
Budgeting & Forecasting
Bookkeeping Services
Inventory ManagementRegistration of new businesses
Winding up a business
Business plans
QuickBooks desktop file maintenance
QuickBooks Online Software Setup
Ten reasons QuickBooks Online may be your perfect match:
You wish you could work on the go
Handle your books anywhere, from a PC, Mac, tablet or phone
You want more time on your side.
When you capture receipts on your phone, QuickBooks Online keeps them organized and prevents double data entry.
You have business apps you use regularly.
No need to change your ways—sync hundreds of apps to prevent duplicated data and efforts.
You like the idea of getting paid 2X faster.
Send estimates and invoices wherever you may be.
Easily accept online and mobile payments.
You want support with no strings attached.
Helpful support is only a free call away, Monday to Friday,
9 AM to 8 PM ET.
Financial Statement Preparation
Financial statements are required annually by shareholders, management, and for tax purposes. We will help you with the preparation of financial statements that are comprehensive, reliable and accurate to make informed business decisions.
We prepare:
Income and Expense Account
Statement of Financial Position
Statement of Cashflow
Statement of Changes in Equity
Disclosure requirement
Self Employed /Contract Employees
These are the people that work as contractors for organizations, and the earnings are not tax-deductible. You are required to prepare remit your income directly to CRA. We can help you set up monthly payroll and pay your deduction directly without missing any deadline Services to Small and Medium-Sized Businesses such as: Restaurant, Gas Stations, laundry businesses, construction companies, a Tutoring business, Barbers and Hairstylist, Health Services, Trucking, Retirement homes, Legal Services, Manufacturing and Retail.