Accounting (Financial Statement preparation) & Tax - Simple

from $600.00

If you have very little activity in your business and there aren’t any complex factors, this is for you! This is for the businesses that have mostly been dormant, have less than 5 transactions a month, etc.

Please note that if you choose this option and do not fit this category, you will be asked to pay the difference before any work is done on the file

Preparing the accounting statements is a necessary step for preparing the tax return. Whether you have chosen to have us do your bookkeeping or if you have provided us with a trial balance to start from, we will prepare the financial statement and tax filing package for you.

The base fee is $600 for the financial statement and tax preparation. Since we provide service based pricing rather than billable hour pricing, this base fee is considered a retainer until we can assess the complexity of your return. Unfortunately, since every file varies in complexity, we can only give an estimate in the first year with us.

Method of delivery:
T4/T5 filing?:

If you have very little activity in your business and there aren’t any complex factors, this is for you! This is for the businesses that have mostly been dormant, have less than 5 transactions a month, etc.

Please note that if you choose this option and do not fit this category, you will be asked to pay the difference before any work is done on the file

Preparing the accounting statements is a necessary step for preparing the tax return. Whether you have chosen to have us do your bookkeeping or if you have provided us with a trial balance to start from, we will prepare the financial statement and tax filing package for you.

The base fee is $600 for the financial statement and tax preparation. Since we provide service based pricing rather than billable hour pricing, this base fee is considered a retainer until we can assess the complexity of your return. Unfortunately, since every file varies in complexity, we can only give an estimate in the first year with us.

Items that will increase your bill:

  1. significant investment activity. $50 - $200 depending on complexity

  2. Significant capital asset activity $25-$200 depending on complexity

  3. Loans to/from your company (not typical shareholder loans) $50-$100 depending on complexity

    1. This may be loans at the CRA perscribed rate to a shareholder

    2. This may be loans from banks

  4. Messy/unorganized books $50 - $200 depending on work needed to get information organized

    1. This will only be applied if it causes the file to be significantly delayed