Accounting & Tax Services for Small/Medium Businesses

Practical accounting support for corporations, sole proprietors and growing Canadian businesses.

SMALL CORPORATION PACKAGE 

(NEW CLIENT OFFER)

Small corporation package 

From $1,200/year

A simple annual accounting solution designed for qualifying small corporations with gross annual revenue under $100,000.

Introductory pricing available for a limited number of new clients. Conditions and transaction limits apply.

Includes:

✓ Annual bookkeeping
✓ GST/HST filing
✓ Corporate year-end financial statements
✓ T2 corporate income tax return

Corporate Tax Returns

We prepare corporate year-end filings for Canadian-controlled private corporations and other small businesses.

Corporate Tax Returns

  • Services:

✓ T2 Corporate Income Tax Return
✓ Year-end financial statements
✓ Corporate tax calculations
✓ Tax adjustments
✓ Schedule preparation
✓ Prior-year corporate returns
✓ Nil corporate returns

Corporate Year-End Accounting

  • Clean Books

Your bookkeeping is already complete and reconciled.

  • Books Need Cleanup

Transactions need to be categorized or reconciled before year-end.

GST/HST Filing

 

  • Assistance with GST/HST registration, preparation and filing.

✓ GST/HST registration
✓ Monthly returns
✓ Quarterly returns
✓ Annual returns
✓ Prior-period returns
✓ GST reconciliation

Payroll Services

 

  • Payroll support for small businesses with straightforward employee payroll needs.

✓ Payroll calculations
✓ Pay stubs
✓ CRA payroll remittances
✓ T4 preparation
✓ ROE preparation
✓ Payroll account registration

Owner & Shareholder Accounting

  • Corporate accounting often involves transactions between the company and its owners. We help properly track and report these transactions.

✓ Shareholder loans
✓ Owner contributions
✓ Owner withdrawals
✓ Salary
✓ Dividends
✓ T5 preparation

Corporation setup & restructuring

Starting a new corporation or need to reorganize an existing business? Fam Tax Consulting can help you understand the accounting and tax side of your corporate structure and coordinate with legal professionals when legal documentation is required.

New corporation setup

  • Corporation setup planning
  • CRA Business Number and program accounts
  • GST/HST registration
  • Payroll account registration
  • Accounting and bookkeeping setup
  • Fiscal year-end planning
  • Salary vs. dividend considerations
  • Initial shareholder/accounting setup

Corporate restructuring

For existing corporations, we can assist with the accounting and tax aspects of:

  • Changes in ownership
  • Adding or removing shareholders
  • Share transfers
  • Corporate reorganizations
  • Holding company structures
  • Operating company / holding company structures
  • Shareholder loan cleanup and planning
  • Moving assets or business activities between corporations
  • Tax considerations when buying or selling shares of a business

Accounting, tax & legal coordination

Corporate changes often involve both tax planning and legal documentation. Fam Tax Consulting works with legal professionals and can coordinate with a lawyer when legal services are required, helping make the process easier for business owners.

Benefits for your business

Fam Tax Consulting helps businesses in Calgary save money, stay compliant, and grow with our professional, on-time, and affordable corporate accounting services. We are committed to supporting your financial success.

Efficient and affordable solutions

Our corporate accounting services are designed to be efficient and affordable, helping your business optimize its finances without compromising on quality or compliance.

Who benefits from our expertise?

Our corporate accounting expertise is ideal for sole proprietorships and small to medium-sized corporations looking for reliable and professional financial support in Calgary.