Welcome to Can4 Tax & Accounting
Your Trusted Partner for Financial Success
At Can4 Tax & Accounting, we specialize in simplifying the complexities of business start-ups, taxation, bookkeeping, financial planning, application fill-out services, and more. With a proven track record of helping individuals and businesses across Canada, we’re here to provide customized solutions tailored to your unique needs.
Our Services
Complete Business Start-Up Support
Starting a business can be overwhelming, but we make it easy! From business registration to post-registration services, we guide you through:
- Business Structure Selection: We help you choose the best structure for your needs (Sole Proprietorship, Partnership, Corporation, or Non-Profit).
- CRA & WSIB Account Setup: We handle your Business Number (BN), GST/HST, Payroll, Import/Export, and WSIB registration to ensure a smooth start.
- Tax and Compliance Guidance: We ensure that your business meets all legal requirements and complies with the Canada Revenue Agency (CRA) and other relevant bodies.
Personal & Corporate Tax Filing
Let us take the stress out of tax season. Our team offers:
- Personal Tax Filing: We prepare and file your personal tax returns, ensuring you get every deduction and credit you’re entitled to.
- Corporate Tax Filing: We assist with corporate tax preparation, from simple returns to more complex filings for corporations, helping to minimize liabilities and maximize savings.
- CRA Representation: We provide representation in case of audits or inquiries, ensuring your business stays in good standing.
GST/HST Returns
We make filing your GST/HST returns simple:
- GST/HST Filing: We assist businesses in filing their GST/HST returns accurately and on time to avoid penalties.
- Tax Credits: We help ensure that you’re claiming all eligible credits and deductions to reduce your tax burden.
Payroll Services
Ensure your employees are paid on time and in compliance with tax laws:
- Payroll Processing: We handle all aspects of payroll, including calculating wages, withholding taxes, and preparing T4 slips.
- Compliance with Employment Standards: We ensure that your business meets all the necessary employment and payroll tax requirements.
- Timely Remittances: We manage all payroll remittances to the CRA, ensuring you avoid penalties.
Bookkeeping Services
Keep your finances organized and up to date with our professional bookkeeping services:
- Financial Record Management: We manage your accounts payable, accounts receivable, and bank reconciliations.
- Monthly/Quarterly Reporting: Receive timely and accurate financial statements to track your business’s performance.
- Tax Preparation Support: Our bookkeeping services ensure your financial records are ready for tax filing, minimizing errors and maximizing deductions.
Application Fill-Out Services
We provide expert assistance to individuals and businesses to ensure applications are completed correctly and submitted on time.
- Government Benefits: Employment Insurance (EI), Canada Pension Plan (CPP), Old Age Security (OAS), Disability Tax Credit (DTC), Canada Child Benefit (CCB), and housing programs.
- Immigration & Citizenship: Express Entry, Permanent Residency, Temporary Residency, Citizenship, Work Permits, and Study Permits.
- Business Applications: Business registration, GST/HST registration, Payroll account setup, and WSIB account setup.
- Other Applications: Passport renewal, SIN applications, trucking permits, and more.
Tax Planning & Consulting
We help you create a strategic tax plan to optimize your financial situation:
- Tax Strategy Development: We design tax-saving strategies that align with your short- and long-term financial goals.
- Tax-Effective Investments: We guide you on making tax-efficient investments and structuring your business to maximize tax benefits.
- Ongoing Consulting: We provide ongoing tax consulting to keep your business on track and compliant with the ever-changing tax laws.
Financial Statements
Accurate and timely financial statements are crucial for making informed business decisions:
- Monthly/Quarterly Statements: We provide regular financial statements to help you track profitability and manage your cash flow.
- Year-End Financial Reports: We prepare year-end financial statements to help with tax filing, investor relations, and future business planning.
- Custom Reports: Need specialized reports? We tailor financial statements to suit your unique business needs.
Trucking Permits & Authorities
For businesses in the transportation industry, we assist with:
- Trucking Permits: We help you obtain the necessary permits for operating your trucking business within Canada and across provincial borders.
- Regulatory Compliance: We ensure your trucking business complies with all transportation regulations, helping to avoid fines or operational disruptions.
- License Renewal: Stay up-to-date with required renewals and filings for trucking permits.
Investment & Insurance Services
We guide you in making the best financial decisions to secure your future:
- Investment Planning: We provide personalized investment advice to help grow your wealth and plan for the future.
- Insurance Solutions: We help you navigate insurance options to protect your business, assets, and employees from unexpected events.
- Retirement Planning: We offer retirement planning services, including pension plans and investment strategies, to ensure you’re ready for the future.
Holding Companies
A holding company can be an excellent structure for tax savings and risk management. We offer services to assist with:
- Holding Company Formation: We help you set up a holding company to shelter assets and reduce tax liabilities.
- Tax Efficiency: Our strategies ensure your holding company is structured to maximize tax savings while protecting personal and business assets.
- Ongoing Compliance: We assist with ongoing filing and compliance to keep your holding company in good standing with CRA.
Ride-Share Tax Return
For individuals working in the ride-sharing industry (Uber, Lyft, etc.), we provide specialized tax services:
- Tax Filing for Ride-Share Drivers: We help ensure that all income and expenses are accurately reported to minimize your tax liability.
- Expense Deductions: We identify and claim all eligible ride-share related expenses (e.g., fuel, vehicle maintenance, insurance, etc.) to maximize your deductions.
- CRA Compliance: We ensure your ride-share tax filing complies with CRA regulations and help you avoid penalties or audits.
Ongoing Support for Your Business
At Can4 Tax & Accounting, our support doesn’t end with the completion of a service. We offer:
- Dedicated Client Service: Our team is always here to answer your questions and provide advice as your business grows.
- Proactive Guidance: We monitor your business’s financial health and proactively offer advice to help you make the best decisions.
- Customized Solutions: We understand that every business is different. Our services are tailored to your specific needs, goals, and industry.
Ready to Simplify Your Finances?
Let Can4 Tax & Accounting be your partner in success. Whether you’re starting a new business, need tax filing assistance, require help with government applications, or managing a holding company or ride-share tax filing, we’re here to help.