Financial Statement and Taxes

Our goal is to complete all corporate filings within three months of your year end.

  

Financial Statements and Taxes

In the month of your yearend you will receive our year end preparation letter. This is to serve as a reminder to you that your year end is coming up, and to provide you with a checklist of information you should start gathering for us. Our goal is to complete all corporate filings within three months of their year end. This allows you to pay any taxes owing within the three month deadline and avoid paying any interest to CRA. Also, many banks have a 90 requirement to receive your financial statements if you have a loan. And, we find it much more efficient and useful for you to prepare the year end as quickly as possible while the information is still fresh in your mind.

In general our turnaround time for a year end is four to six weeks. We work on a first come, first serve basis, so please contact us early if you have special requirements in a particular year. We endeavour to assign the same staff person to your file each year, so you have a consistent point of contact.

Once your year end is complete, you will be contacted to arrange a meeting. This meeting is an opportunity for us to discuss general planning issues that came up based on your financial information. This is also a good time for you to discuss with us any questions or issues you have concerning your financial condition, or upcoming changes in your life. Of course, we encourage you to call us anytime during the year if you’d like to discuss something.​​