Welcome to Balancewith Us Accounting
Plan your financials
Accounting, Book Keeping, Taxation
Let’s build a plan that works for YOU
We are a specialized firm in taxation, catering to corporations, individuals, and small businesses. Whether you’re a shareholder in an incorporated business or an individual dealing with multiple years of back taxes, we’re here to assist you.
Our Approach
Our proven workflow
At Balance with Us Accounting, we recognize the significance of having a trusted partner for all your corporate, personal, and small business accounting needs.
Analyze
Our 20+ Year of Indusries experience allow us to analyse your accounting need in efficient way to maximise the benifit for your business.
Plan
Professional and wellqualified accounting teams plan all your acconting / taxation needs pro-actively.
Manage
We believe in long terms relations and manage our client with best of efficiency, accessibility and flexibility aspects.
Services
Full Service Acconting / Taxation and Financial Planning
With over 22 years of experience, Sandy specializes in small business, accounting, corporate, tax, personal taxes, and more. Our mission is to deliver excellent customer service to businesses and individuals.
Book Keeping and Accounting
Personal Taxation
Corporate Accounting
Payroll Service
FAQ
Frequently Asked Questions
What Do I need for Personal Income tax Return ?
To streamline the preparation of your personal taxes, please gather the following documents:
1. All income slips such as T4, T5, T4A, T3,T5008,T4E, T4RSP, etc.
2. Rental income and associated expenses documentation.
3. Self-employment income and corresponding expenses records.
4. Medical expenses receipts including dental, physiotherapy, massage therapy, chiropractic services, etc.
5. Donation receipts for contributions made to nonprofit organizations.
6. Tuition amount certificates.
7. Documentation for union dues payments.
8. Employment expenses documentation, if applicable.
9. T2200 to claim the employment expenses if provided by your employer.
10. RRSP contribution slips.
11. Pension plan slips, including any disability pension plans.
12. Disability tax credit certificates signed by your healthcare provider if claiming the disability tax credit.
13.Any spousal support payments paid to you or paid by you with the court order showing the same.
Having these documents ready will facilitate the accurate and efficient preparation of your tax return.
What Do I need for Corporate Tax Return ?
To ensure a seamless process in preparing your corporate tax returns, we kindly request the following documents:
1. Bank statements for all business accounts, including checking and savings, alongside canceled checks.
2. Credit card statements pertaining to business transactions.
3. Records of any bills or invoices settled in cash.
4. Documentation of bills or invoices paid by you as a shareholder on behalf of the corporation.
5. Invoices detailing your revenue and receipts for corporate expenses.
6. A comprehensive list of employees, including their names, numbers, and addresses if payroll preparation is required.
7. Certificate of incorporation if this is the inaugural corporate tax return filing.
8. Previous corporate tax returns and financial statements for reference.
9. Shareholder and director information for accurate company record-keeping.
10. Pertinent details regarding loans from other corporations associated with your current corporation, including holding or operating statuses.
Having these documents readily available will facilitate the efficient and accurate preparation of your corporate tax returns, ensuring compliance and optimization within the regulatory framework.
What Do I need for GST Return ?
For the preparation of GST returns, whether quarterly or early filing, please adhere to the following guidelines:
For Corporations:
1. Provide relevant documents as outlined above, including bank statements, credit card statements, canceled checks, invoices, receipts, and financial statements.
For Self-Employed Individuals:
1. Submit invoices and receipts pertaining to revenue and expenses related to your self-employment activities.
2. Include personal bank statements, as well as business bank statements if a separate account is maintained for self-employment purposes.
Ensuring the completeness and accuracy of these documents will facilitate the accurate preparation of GST returns, whether for corporate entities or self-employed individuals.
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