Windsor/Detroit Business & Tax Services Inc.

Description

Professional Bookkeeping Services
For all types of businesses, U.S. and Canadian, we properly “tailor” our bookkeeping services to the unique requirements of your business. We can handle all of your bookkeeping requirements, even making our recommendations on implementing proper internal recordkeeping systems and procedures if such procedures do not exist or are inadequate or ineffective. Our full service bookkeeping service typically includes all of the various periodic reports and financial statements that you wish for informational purposes as well as the proper maintenance of all records and data pertinent to your business operations necessary for the preparation of accurate and timely year end financial statements. And yes, we can complete regular required items for you such as payroll and various periodic income tax filings (such as sales tax filings and payroll). For the “do it yourselfer”, we can implement the appropriate steps and procedures, show you how to use them and then guide you through the process, providing technical support along the way. For smaller, simpler businesses, this may be an option to consider, particularly for business owners who have some degree of bookkeeping or accounting background. And we can provide highly personalized on-site bookkeeping services too. You’ll not only appreciate our highly personalized and professional approach to your regular bookkeeping requirements, but you’ll be pleased to know that the required care and attention to detail won’t cost near as much as you think. Most of the time, we quote our fee on a “flat fee” basis for the year, which is all inclusive. This means that there are no unpleasant surprises when it comes to your bookkeeping costs for the year. And you’ll know that your business bookkeeping won’t just be done, but done right! Talk to us about your business and its bookkeeping requirements today. Business Year Ends Finally, a firm that will complete your business year end as simply as possible with no hassles AND who will charge much less than the typical accounting firm to get it all done each year! For all types of Canadian and U.S. businesses, whether a corporation, LLC, partnership, LLP or proprietorship, your year end means the preparation of financial statements and at some point, the filing of one or more types of tax or information returns for the business entity as well as the principals of the business. Sometimes, several returns for various jurisdictions are required, too. Let our professional Business Year End Services take care of all of your tax reporting, compliance and filing requirements. We can advise on which returns are required and prepare them for you. Unlike many other types of bookkeeping or accounting firms, we’ll also give you straight answers on the various tax deductions and tax rules that specifically apply to your situation. We prepare all types of returns for all types of Canadian and U.S. businesses as well as the required personal tax returns that are typically required for the business owners/managers. We are also unique in that we also take the time to provide you with the required tax advice that you should be getting in order to reduce your overall tax liability and work with you to develop and implement the various tax strategies necessary to do so. And we always provide you with a full review and analysis of your final annual financial statements as part of our professional Business Year End Service, giving you solid advice and recommendations on what our financial analysis reveals about your business and any favorable or advantageous steps that should be taken either proactively or retroactively to correct problem areas early or perhaps to recover taxes paid in the past. Call us to arrange an initial no-charge appointment to discuss your year-end requirements. Typically, for new and existing businesses we’ll give you a firm flat fee quote for your year end work. Business Tax Planning For business owners who are at the point where they can really begin to make the tax rules work in their favor, we provide full professional Business Tax Planning Services. This typically involves the development of key tax strategies unique to your own business situation that will serve specific tax and financial objectives, such as reducing overall tax liability, accumulating additional retirement or other assets, accumulating additional cash in the business to foster business growth or other unique objectives. While typical business tax planning can be highly technical, this does not mean it has to be complicated or hard to understand. We make the complicated tax rules simple and effective to work with. Typically, we recommend specialized tax planning where we begin to see a situation where a client’s operations can use some existing tax rules to a significant advantage to a point where the one-time cost of developing a tax plan will “pay for itself” over and over again and accomplish the desired objectives. Many of our clients find that they have substantially benefitted from using specific strategies to defer, reduce or eliminate tax liability, use particular types of tax shelters to accumulate additional assets that would otherwise not exist and even benefit from using various types of tax-preferred cash flows or income. We can also provide advice on the best structure for your business in Canada or the U.S. (proprietorship, corporation, LLC or otherwise) given the nature and scale of your business operations.