Salary vs dividend considerations
Income from other sources
Strategy to reduce overall family and corporate taxes
365 day corporate tax plan
Holding company structuring & planning
Understand tax optimization options
GST/HST return filing
T2 corporate tax filing
Accurate & on-time CRA filing
Keeping Your Business's Financials Sound
Every great business does not wait until the last minute to figure out their taxes. We help you plan a year-round strategy that will ensure you pay the minimum amount of tax, get the most back on your corporate return, and have no trouble with the CRA.
Even with the best strategy, we can easily get sidetracked as the fiscal year progresses. We ensure that you have year-round support, which helps you stay on track to achieving your tax goals!
With a great strategy and proper execution, we ensure that all your filings are prepared accurately and submitted promptly without causing headaches. Our team of tax experts makes your tax season feel like a breeze!
CPA prepared budgeting
Ongoing financial insights and reporting
Track your financial KPIs
Have an on-call CPA for your business
Ensure your books are always audit and filing-ready
Keep on top of your payroll and payroll deductions
Make sure accounts payable and receivables are on time
Take your time back by offloading your bookkeeping
Sana M
Our family is very happy with Ahmad and his team. As a new client, the process was very smooth and they contacted us diligently to clarify things. Ahmad even suggested tips we never knew or thought of when we filed our taxes ourselves which benefited us greatly! Fantastic work and a very dedicated team.
When you work with A.M.I. CPA we make your accounting cycle a stress-free and seamless experience. We want all our clients to have the comfort of knowing their accounting is taken care of!
That's why we strive to provide all our clients with:
A stress free tax season
No late fees from the CRA
No surprise documentation requests
No late nights worrying about your taxes
years serving businesses in the Greater Toronto Area
corporate clients
of employees are based in Canada
Ahmad (Managing Partner) and Mumtaz (Partner),
as part of the CFO for Rent team, bring 50-plus years of experience from three continents, of which nearly 30 years are based in Canada. They offer a fresh set of eyes and new opportunities for all clients. In addition to the existing services provided, they will expand the scope of services to auditing books and providing management & CFO consultancy services for your business.
The federal corporate tax rate is 9% and Ontario's provincial corporate tax rate is 3.2%. Combined, corporations in Canada pay 12.2% in corporate taxes.
Realistically, tax preparation should be taking place year-round so that you can enjoy a stress-free tax season. Tax preparation starts with a good filing system. Create one for your business records that works for you. Keep clear records of anything your business may be eligible for as a deduction and any expenses that are important to note. Knowing what you’ll need a year in advance can be a little difficult, so we recommend speaking with an accountant.
Income tax season can seem like a nightmare for some businesses, but it doesn’t have to. With proper tax preparation throughout the year, knowing when and what your business needs to file, and with a little help from an accountant, filing your taxes can be simple. Ready to make tax season easy? Get in touch today.
Capital cost allowance (CCA) allows Canadian businesses to claim depreciation expenses for capital assets under the Income Tax Act. How much CCA you can claim each year depends on when you acquired the property and the CCA class to which it belongs. The CRA has assigned classes to particular types of depreciable property, and there are assigned rates for each class.
All resident corporations must file a T2 return for every tax year, even if no tax is payable. This includes non-profit organizations, tax-exempt corporations, and inactive corporations. A.M.I. CPA Professional Corporation can take the headache out of filing your corporate income tax return by either letting us act as your corporate tax accountant or by providing corporate tax services to ensure you file a corporate income tax return that triggers the least amount of corporate tax payable.
oakville
hamilton
Fractional CFO
Get a year-round financial and accounting advisor.
Bookkeeping
We keep your books in order all year-round.