Services

A one stop shop for all your accounting needs

Most consumers and companies aren't aware that taxes are a 365-day financial responsibility. We at, Vikram Gulati Professional Corporation, know and understand that in order to drive the best savings and provide you with the right information that allows you to make the correct business decisions, we need to be able to manage your finances and taxes – accurately and in a timely fashion. In order to do that, we offer a wealth of services to ensure that we are keeping you in the green.

Accounting and Bookkeeping

We provide a complete bookkeeping and accounting solution, both onsite and offsite, that includes the preparation of Notice to Reader (NTR) financial statements as per Accounting Standards for Private Enterprises (ASPE) and generally accepted accounting principles (GAAP). We provide an analytical review of your financials in comparison with your budgeted plan or prior periods which provides you with a detailed look on the performance and health of your business. This information will help you make timely strategic decisions regarding the key areas leading to an improved profitability.

Tax Planning and Compliance

We assist with compliance and reporting requirements for Income Tax, and Sales Tax. We provide effective tax planning strategies as per CRA guidelines that are successful in saving taxes for the small business owner and their families. We provide ongoing assistance through the year to implement tax planning strategies that avail opportunities provided by the government to reduce tax liabilities. We also ensure that your tax filing, returns and reporting are on time so you never pay penalties for late filing.

CRA Appeals and Audits

We provide skillful representation on CRA audits and appeals, preparing records and submission followed by continued co-ordination till favorable resolution/settlement.

Payroll Services

We provide compliance and reporting requirements for Payroll Taxes and WSIB filing We provide comprehensive payroll services that include registration with the CRA and other statutory authorities, completion of statutory forms and records, periodic calculation of employee payroll amounts & payroll liabilities, preparation of year end T4 or T5 slips and summaries including filing with CRA.

CFO Services

We prepare budgets and forecasts aligned with your long-term business goals. An ongoing analysis of results against planned budget highlights areas requiring focus so corrective action can be directed towards achieving planned growth.

Preparation of budgets
Preparation of cash flow statements and operation forecasting
Controllership functions and reporting on timely basis
Preparation of business plans

Contacts us for a free consultation