What to Look For When You Need an Accountant in Etobicoke
Are you looking for accountant in Etobicoke, Ontario?
When you need an accountant in Etobicoke, there are two critical points that you should look for.
It goes without saying you need to make sure your Etobicoke accountant is qualified. Etobicoke accountants practicing at a firm should have the letters CA, CGA, CMA or CPA. A book-keeper should have a certified qualification.
You should also make sure your choice of Etobicoke accountants offers as many versatile services as possible. For instance, tax planning is an essential part of accounting.
Establishing Trust with Your Accountant in Etobicoke
The best way to find an Etobicoke accountant is to search online. Alternatively, you can listen to your friends or business colleagues. Perhaps they already have a working relationship with a firm of Etobicoke accountants in your local area.
Before you hire an Etobicoke accountant, you should set up an initial appointment and find out more about what the accountancy firm has to offer. Are they the right fit for you?
Ideally, your choice of accountant in Etobicoke should be able to handle your personal accounts as well as your business accounts.
See your first appointment as an interview. Trust is the foundation of a professional working relationship.
Services On Offer At JTT Accounting
Here at JTT Accounting we offer a full range of services. You can trust us to help you with almost anything as far as accounting is concerned.
Of course, there are services that are more popular than others. For instance, many Canadian businesses now outsource their book-keeping instead of doing it in-house.
When you are running a business from home, outsourcing your day-to-day booking keeping requirements let’s you concentrate on the rest of your business. Book-keeping takes up a lot of time.
The JTT Accounting Book Keeping team members are all certified book-keepers and can deal with all aspects of book keeping.
Payroll accounting is another service we help many local Etobicoke businesses with. It is one of our most popular services. When you would like to know more, please feel free to give us a call.
Tax Planning with JTT Accounting Services
With so many Canadian business trading online, tax planning is one of our top services.
Many entrepreneurs and local business owners are new to business and have no previous experience of company tax.
When it comes to company tax planning, getting it right from the start matters more than anything. When you end up not having any money to pay your business tax, your business could face financial penalties.
As so many local businesses trade internationally, you also need to keep on top of important and export fees. Many business owners don’t realise that import and export fees can apply to digital goods as well as physical goods.
Don’t worry, we are here to help you.
What About CRA Compliance?
When it comes to accounting and presenting accounts in Canada, you need to make sure they comply with CRA requirements.
A qualified Etobicoke accountant finds understanding CRA requirements easy, but it is often a challenge for a business owner to stay on top of changes.
This is yet another reason why business owners often decide to outsource their book-keeping to professional Etobicoke accountants. That way, you don’t have to worry when it comes to filing your accounts for the financial year.
Setting Up and Incorporating a Company in Canada
If you are thinking about setting up and incorporating a company in Canada, JTT Accounting Services (for anyone in Etobicoke) can deal with all of the details.
When you involve a firm of Etobicoke accountants right from the start, you can rely on the fact that everything is going to be set up right. If you don’t have any experience of setting up a company, there are many things that you need to think about. Not only do you need to take national CRA requirements into account. There may also be provincial laws that must be followed.
Things to think about include shareholders rights and whether or not your company is going to trade internationally across borders.
Personal Financial Planning
JTT Accounting services don’t only help local businesses in Etobicoke. We also work together with local residents.
Tax and financial planning are both important when it comes to personal finance. We can help you with everything from doing your annual tax return to more advanced financial planning including retirement.
When you would like to know more about our personal financial services, all you have to do is to give us a call. At all times, we are only a phone call away.
Is It Cost-Effective to Hire an Etobicoke Accountant?
If you have tried running your company and keeping up with doing the accounts, you will know how much time it takes.
Many business owners decide to contract out their payroll and book-keeping because of time constraints. Most directors would probably like to get on with other things including sales.
By all means, you can employ a book-keeper. However, the way business operates today, it is unlikely that it is going to be cost-effective to have an in-house accounting team.
Owning a dropshipping company often means working from home. This the new normal for business here in Canada. Asking a book-keeper to work with you from your crowded home office is probably a stretch of imagination.
What happens now?
When you would like to know more about JTT Accounting Services or hiring an accountant in Etobicoke, all you have to do is to call us.
Alternatively, you can also send us an email or fill in the contact form on our website. Please give us as much detail as possible. One of our experienced team members will soon get back to you.
As mentioned, we are happy to help you with everything from filling in your annual tax return to making sure your business meets with import and export requirements.
When it comes to running a company, things have certainly changed. We are more than happy to help you to make sure that you and your business partners get a better return on investment. Get in touch with JTT Accounting Services when you need professional financial help.