Accounting (Financial Statement preparation) & Tax

from $1,000.00

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 $1000 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?:

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 $1000 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. If you are a new client, there will a $100 - $200 charge depending on amount of data to be entered in prior years.

    1. We need to get access to CRA and AB tax

    2. We need to gather information for the jacket

    3. We need to get prior year numbers for comparisons and carry forward amounts

  2. Investment activity. $100 - $200 depending on complexity

  3. Capital asset schedules $25-$200 depending on complexity and volume

  4. 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

  5. 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