Corporate taxes can be complicated, but the longer you wait to complete your tax return, the bigger the obstacles and fines you will encounter along the way.
The professionals at Liu & Associates can address taxation concerns you may have about your business and take the pressure off of late tax filings with our expertise!. We understand the challenges that corporate taxes can cause.
Why try to stay on top of your finances on your own when you can have a team of professional accountants develop your corporate tax plan?
The Complexities of Corporate Tax Returns
Corporate tax returns are complex and requires time, planning and good understanding of both accounting and tax standards and rules. These returns should not be attempted without proper training and experience.
In addition, Corporations may be required to file additional returns such as T5, T4s, GST returns, returns for foreign assets, loans or incomes. Corporations may also have US transactions that have special tax treatments to be considered.
Staying On Top of Your FILING OBLIGATIONS
Many corporations feel that they are on top of their finances but multiple aspects of corporate taxes can easily become overlooked.
These simple mistakes can lead to late taxes, improperly filed taxes, leading to penalties and interest and CRA reviews.
If you find yourself faced with an intimidating audit or appeals process, Liu & Associates can streamline your challenges with our familiarity and understanding of the CRA (Canada Revenue Agency) and its policies.
Developing Your Corporation’s Tax Plan
It is always better to prevent problems instead of trying to clean up after them. We can work with you todevelop sound practices so you can spend more time focusing on your business and investments as well as protecting your family wealth.
Is Your Business Growing Or Evolving?
Liu & Associates can also help to reorganize or restructure your corporate structure to better ensure tax efficiency and maximum family wealth preservation.
What are you waiting for? If you operate a business any where across Alberta, we can help you deal with corporate tax filings and planning. Contact our expert CPA’s at Liu & Associates today!