Book Your Appointment Today
Schedule an appointment today for a complimentary, no-cost, no obligation initial consultation with one of our friendly income tax and bookkeeping professionals. Give us a call at 613- 421-7065
Business Income Tax
Have Peace of Mind
Keeping up to date with the changing tax laws can be challenging and non-compliance with the CRA may place your business at risk. The team here at CT Professional stays up to date with the latest tax laws so you won’t need to worry at all. Let us take care of your books so you can focus on growing your business.
Minimize Your Tax Risk
As the government expands tax rules, it becomes harder for business owners to complete their small corporate taxes. Are you saving as much tax dollars as you could be?
Whether you are struggling with filing for the first time or the 10th time, dealing with taxes can be complicated. Many people make the mistake of waiting too long before developing an effective tax strategy for their business. Any mistake you make could cost your business thousands of dollars. Don’t let that be you. Our services can cover your tax needs.
Here is a list of our corporation, self employment, and b usiness tax services:
Revenue
- Sale, Fees, Commissions
- Commissions as per T4A (Self-employed)
Cost Of Goods Sold
- Opening inventory
- Purchases during the year
- Subcontracts and direct wages
- Ending inventory
Expenses
- Legal papers of buying equipment & vehicles used in your business
- Utilities & Telephone bills
- Property taxes
- Rent/mortgage papers (payment + interest paid)
- Insurance
- Advertising & Promotion
- Business tax, fees, licenses, dues & memberships
- Delivery and freight charges
- Office & Supplies expenses
- Salaries and wages
- Travel Expenses
- Meals and entertaining
Home Office Cost
- Space used for business
- Square ft. of home for business use
- Mortgage interest
- Monthly rent
- Utilities (heat, hydro, water)
- Condominium fees
- Property taxes
Automobile Expenses
- Total KMs/Miles driven during the year
- KMs for business use
- Auto Gas/Fuel
- Auto repairs and maintenance
- Auto parking
- Insurance
- License
- Auto loan interest
- Leasing costs
- All other expenses related to automobile
…and much more!
We offer affordable and accurate tax preparation for you and your business.Contact us today to learn how we can help your business.