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HKAY Professional Corporation represents to Canada Revenue Agency on behalf of our clients to deal with any audit or queries. Our friendly team always strive to build excellent relationship with our clients. The quickest way to reach us is by sending a message or call us +1 (403) 690-7906

As trusted Calgary tax lawyers, we are expected to help you out in solving issues related to tax. We have a team of tax lawyers that are experts in the legal field and underwent training that helped them to become efficient as possible. You are expected to cooperate by providing the needed details for us to execute the job well.

As trusted Calgary tax lawyers, we are expected to help you out in solving issues related to tax. We have a team of tax lawyers that are experts in the legal field and underwent training that helped them to become efficient as possible. You are expected to cooperate by providing the needed details for us to execute the job well.

Versatile Accounting LLP has been providing full-spectrum accounting and tax services to small business owners and individuals in Calgary, Alberta. Providing services like bookkeeping, accounting, corporate taxes, and tax planning. Our CPAs have strong technical expertise in review engagements, audits and accounting for non-profits. Contact us today!

HKAY Professional Corporation can help you with these CRA Audits/Reviews. We assist you with developing a strategy to tackle CRA audit process, prepare responses and represent you in audit meetings. Contact Us Now.

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As a business owner, you have to handle so many tedious tasks such as maintaining inventories, supervising employees, and getting clients. Understanding accounting is very much important in today's time to stay updated with taxes and finances. To grow your business you need to have bookkeeping or accounting personnel. This accounting bookkeeping can save your taxes, avoid stress, improve efficiency and increase revenues. When maintaining a big-sized business you must consider outsourcing or hire Tax Accountant Calgary. So, if you are looking for such book-keeping services, we have some of the best ideas to share.

HKAY Professional Corporation represents to Canada Revenue Agency on behalf of our clients to deal with any audit or queries. Our friendly team always strive to build excellent relationship with our clients.

If you are finding the best Individual Income Tax Services, then contact us. Our team of tax experts has extensive experience in individual income tax advice and is ideally equipped for all your challenges. Not sure which tax exemptions you qualify for? We're here to help you navigate all the complex tax regulations and develop the best tax-saving strategy for you to minimize your tax payments. The assistance of financial planning advisors is a good idea to avoid any kind of psychological pressure at the time of submitting your ITR. These people will help you to complete and store your IT for a financial year. To find out more about our income tax, please visit our website: https://expatriatetax.ca/individual-income-tax-services, or call us at (403) 383-2286.

Preparing your taxes every year is something no individual truly enjoys doing, but it is an unfortunate necessity. When you have a unique tax position due to owning a business, managing multiple investments, or for any other reason that complicates your taxes, doing all this alone can be a significant challenge. Understanding how to ensure that you can make the system work in your favour as much as legally possible is also more easily said than done.

When you set out to start a small business, accounting and bookkeeping probably aren’t the processes at the front of your mind. Your focus lies with building your brand, satisfying customers, and laying the groundwork for future growth. However, it’s still important to consider your numbers rather than expecting your finances to work automatically as you succeed. Without good bookkeeping practices, how can you truly know the health and trajectory of your business?

When you set out to start a small business, accounting and bookkeeping probably aren’t the processes at the front of your mind. Your focus lies with building your brand, satisfying customers, and laying the groundwork for future growth. However, it’s still important to consider your numbers rather than expecting your finances to work automatically as you succeed. Without good bookkeeping practices, how can you truly know the health and trajectory of your business?

When you set out to start a small business, accounting and bookkeeping probably aren’t the processes at the front of your mind. Your focus lies with building your brand, satisfying customers, and laying the groundwork for future growth. However, it’s still important to consider your numbers rather than expecting your finances to work automatically as you succeed. Without good bookkeeping practices, how can you truly know the health and trajectory of your business?

Your business is growing — in fact, it’s booming! For many entrepreneurs in your position, this big picture question might be in the back of your mind. Should you incorporate or run your business as a sole proprietor? There are pros and cons to each choice, and making the decision can be challenging. Understanding each option thoroughly before you make the decision is critical – read through our brief overview below and contact Kent Accounting today for a more thorough analysis on the future of your business!

Almost every Canadian household has some form of debt or another. And while taking on debt has become a part of Canadian life, it’s important to have a thorough understanding of your debt situation, and where it is taking you. Many of us have debt products thrown at us (every month I get blank cheques in the mail from credit card companies telling me to spend, spend, spend!) and knowing what to do takes education and discipline.

Alberta is a province that is ripe with potential for small business owners to build their companies and their future. As a province, we have a higher than average family income than the rest of Canadians, sitting at $100,750 per household compared to $78,870 per household, the national average (source: http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/famil108a-eng.htm). This additional household income means more flexibility regarding saved capital for starting a small business but can also mean a larger discrepancy between your take-home pay as an employee and what you can expect to earn in the early years as a small business owner.

When people start companies, no one sets out with the idea in mind that eventually they’ll go bankrupt. Bankruptcy is often a combination of unforeseen circumstances and a lack of professional advice – one of the main reasons that a company goes bankrupt is because they run out of operating cash to pay their monthly expenses, and stop paying their bills. When you have a reliable and knowledgeable accountant on your team, avoiding bankruptcy becomes a part of your strategic plan from the beginning. Here at Kent Accounting we’ve provided some of the terms that are important for every business owner to know regarding bankruptcy and some starter strategies you can implement to help you avoid it!

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Getting the most out of your business tax deductions requires more than just the diligent tracking and filing of your expenses – to maximize your business returns, you need to know what you can and can’t claim come tax time. However, understanding what components of your business qualify for a tax deduction can be a challenge for many owners – you are busy enough as it is running your business. Prioritizing and tracking the expenses you can claim can fall to the wayside. Kent Accounting has put together a simple list of the best tax deductions for you to record and claim to make the most of your yearly tax return.

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