We review your claims to ensure you have recovered the full tax owing to you and navigate areas of risk that may result in costly penalty and interest if audited by the CRA. We can liaise with the CRA where refunds have been withheld to ensure money is released in a timely manner, improving cash flow.
Let us assist with your quarterly tax provisions, navigating the world of deferred tax to ensure your financial statements accurately present your tax balances. In addition, we will reconcile your tax balances with the CRA (including payroll source deductions), to ensure tax payments are received for the program intended, with no cash leakage from interest assessed on misallocated payments
We identify areas for cash flow optimization through tax planning and incentive identification. By staying on top of the tax landscape, and looking forward with the business, Strata-G will identify opportunities to increase Cash Flow.
Whether you need assistance with monthly GST-HST filing, annual T2 preparation, or international reporting assistance on T106 and T1134 information returns, Strata-G has you covered.
If left unchecked, the Canadian tax compliance landscape can become costly, create cashflow inefficiencies, and much time can be wasted with audit defense initiatives, when it should be spent taking your business to the next level. Our services include:
Corporate Accounting: At Strata-G, we offer Accounting, Bookkeeping, Tax and Payroll Services to Corporate Businesses of Toronto, Newmarket, Aurora, Barrie, Collingwood, The Blue Mountains, Mississauga, St Catharines, Hamilton, Woodstock, Brantford, London, Burlington, Niagara Falls, Cambridge, Kitchener, Waterloo, Oakville, Guelph, Welland, Vaughan, Markham, Brampton, Milton, Ontario.
A trustworthy source of Time-Saving, Cash-Generating cloud-based Accounting and Tax solutions for your dynamic business. It means peace of mind knowing that the back office function is highly functioning, putting your efforts squarely on running your business.
With over 18 years of experience spread across Government Audit, Industry Financial & Tax reporting, and Big 4 Accounting Firms, Strata-G knows the value of standardized and stream-lined processes capable of producing real-time forward-looking metrics to better assist your strategic decision making.
As virtual accountants in Canada, we service clients from Toronto, Kitchener, London, Woodstock and Vancouver. Next level accounting won't be possible without the latest technologies.
We employ Xero as our firm’s cloud-based Accounting platform; however, we are also Advanced Online ProAdvisors for QuickBooks, and enjoy working with both. Here is a list of the other technology systems we employ
Bookkeeping
Integration
Payroll
Tax Preparation
Time Management
Advisory
Communication
Security
And we are always willing to learn!
Of Course! We don’t just toss you the keys and request that you “ask us about the Cloud”. If you are not informed, what is there to ask?
We analyze your business needs, offer technology solutions that will streamline your processes, and provide training in three ongoing formats:
We would love to! For best results we recommend an initial discussion to assess your company, your goals and pain points, to develop a clear plan forward. The Cloud opens channels to many time saving processes and Apps for every industry, and we want to ensure we are plugging you into the best fit for your business and market. In some cases, your Advisor may be able to offer a discount by purchasing the technology directly.
Many clients face the same core challenges to varying degrees: Data entry may be poor or overly manual; concern over security of data; processes do not communicate with one another, and too much time is wasted. Therefore, we would map out the following framework to get started and then tailor it specifically to your needs:
Data Entry: A Cloud based accounting platform, we operate on Xero and value QuickBooks, with additional automated receipt capture and publishing through Hubdoc, or Receipt Bank. Who doesn’t like the idea of taking a photo of a lunch receipt and knowing it is stored and booked by the time you get back to the office?
Payroll: We utilize Wagepoint for our practice and love the automation, and compliance features. For those that require time entry or project specific costing, Workflow Max for Xero, and Tsheets for QuickBooks and Xero have automated that process as well. Both options communicate well with payroll Apps such as Wagepoint, which in turn populates your Accounting system.
Integration is key, you want your Apps to be automated and be able to communicate seamlessly from raw data entry, through to a real-time financial statement.
We strongly encourage you to speak to an Advisor
As a freelancer or gig worker in Canada, understanding your tax obligations is critical to maintaining a successful and compliant business.
As a small business owner in Canada, you may feel overwhelmed by the thought of preparing and filing your business tax return. With some knowledge and preparation, you can avoid some of the most common mistakes that small business owners make when filing their tax returns.
In this article, we’ll guide you through the process of identifying and claiming the deductions and credits that your small business may be eligible for. Whether you’re a seasoned business owner or just starting out, our overview of standard business tax deductions and credits, along with tips for maximizing them, will help you easily navigate the complex world of small business taxes.
Virtual Accounting| Tax Management | Corporate Accounting | Payroll | CFO Services | Bookkeeping
We’re Virtual Accountants in Canada. We provide progressive online accounting and tax solutions for your dynamic business.
