Expert Tax Services for individuals and Small Businesses
Your Trusted Tax Experts
At ASP Tax & Accounting Services , we’re more than just tax experts – we’re your dedicated partners in success. Whether you’re an individual seeking personalized tax guidance or a business looking for effective strategies, we tailor our services to meet your unique needs.
At our firm, your success is our commitment. Let us handle the complexities of tax filing so you can focus on what matters most. Contact us today to get started!
Services we provide to Individuals
- Income Tax Preparation:
- Filing of federal and provincial income tax returns.
- Maximizing deductions and credits to reduce tax liability.
- Tax Planning and Consulting:
- Personalized tax strategies to minimize taxes based on income, investments, and other financial factors.
- Advice on how to structure personal finances to reduce future tax burdens.
- Tax Optimization for Investments:
- Advice on tax-efficient investment strategies.
- Managing tax on capital gains, dividends, and other investment-related income.
- Retirement Planning:
- Guidance on tax-advantaged retirement accounts (e.g., RRSPs in Canada).
- Developing tax-efficient strategies for retirement savings and withdrawals.
- Tax Preparation for Self-Employed Individuals:
- Helping freelancers, contractors, and small business owners file their personal taxes, considering business income and deductions.
- Deductions for home office expenses, business-related travel, etc.
- Audit Assistance:
- Representing clients during CRA audits or reviews.
- Assisting with the resolution of any discrepancies with tax filings.
- Tax Credit and Deduction Identification:
- Identifying available credits (e.g., Child Tax Credit, Tuition, and Education Credits) and deductions (e.g., charitable donations, medical expenses).
- Foreign Income and Tax Compliance:
- Handling tax issues for individuals with income from other countries.
- Helping clients comply with foreign reporting requirements (e.g., FATCA, CRA reporting for foreign income).
- Tax Dispute Resolution:
- Assisting in resolving tax disputes with tax authorities.
- Negotiating settlements, payment plans, or reductions in penalties.
Services we provide to Small Business
- Business Tax Return Preparation:
- Filing corporate tax returns for small businesses (e.g., T2 in Canada).
- Preparing and filing GST/HST, payroll tax returns, and other business-related tax forms.
- Tax Planning and Strategy for Businesses:
- Advising on tax-saving strategies for the business.
- Optimizing deductions, business credits, and tax-efficient structuring.
- Payroll and Employment Tax Services:
- Setting up payroll systems and handling employee tax deductions (e.g., CPP, EI, income tax).
- Ensuring compliance with federal and provincial payroll tax regulations.
- Sales Tax Services:
- Preparing and filing GST/HST returns for businesses.
- Advising on sales tax rates, exemptions, and compliance.
- Tax Filing for Small Business Owners (T1 & T2):
- Filing personal income tax returns (T1) for business owners who earn income through their business (e.g., sole proprietors).
- Assisting with T2 filings for incorporated businesses.
- Tax Credits for Small Businesses:
- Identifying and applying for tax credits available to small businesses, such as the Scientific Research and Experimental Development (SR&ED) tax credit or other industry-specific credits.
- GST/HST and Income Tax Audits:
- Assisting businesses in case of GST/HST or income tax audits by tax authorities.
- Preparing and submitting supporting documentation during audits.
- Cash Flow and Tax Projections:
- Helping businesses forecast cash flow and taxes due, so they can plan ahead.
- Ensuring businesses set aside enough funds for tax obligations.
Our firm can identify the tax-saving opportunities you might miss, such as deductions, credits or favorable tax structures. And we will handle the complex and time-consuming aspects of tax returns, reducing your stress.
Certified & Experienced Professionals
Our team of certified accountants stays updated on the latest tax laws, ensuring your taxes are filed correctly and in full compliance, without any costly mistakes.
Personalized Service
We take the time to understand your unique financial situation, offering tailored advice and strategies to save you money and optimize your tax results.
Maximized Refunds
We work diligently to uncover every deduction and credit you qualify for, ensuring you receive the maximum refund possible.
Affordable & Transparent Pricing
Our pricing is clear and fair, with no hidden fees, offering you top-quality service at a competitive price
Your success, our commitment
Why Choose Us
Whether you’re filing your personal taxes or need assistance with your business taxes, we have the experience and knowledge to ensure you’re getting the best outcome
Ready to take control of your finances?
Let us help you navigate your path to financial success.”
