
Why Outsource Your Small Business Accounting in Toronto
Article Key Takeaways: Why outsourced accounting is important for your small business What an outsourced accountant can do for your
Our qualified CPA are here to help with your accounting needs whether you need professional personalized touch with financial reporting & financial statements, accounting, assurance or simply just with personal finances.
Our chartered professional accountants at FShad CPA accounting firm accurately and frequently provide you with the most up-to-date financial records. Our chartered professional accountants provide a reliable personalized bookkeeping and accounting services so you can focus more your business.
Reduce your tax liabilities and maximize your returns with the help of our professional accounting firm. We work closely with our clients to understand their needs and to provide a personalized service with personal tax and/or business related taxes. Our accounting firm understands that many personal taxes and business taxes intertwined which is why our accountants provide personal integration of both to help drive any efficiencies.
FShad CPA accounting firm provides you with the resources and know-how to take your business forward. We will help you to overcome any business challenge or hit your next financial growth milestone, our business advisory services help small business owners and small businesses all over Ontario.
We know that businesses vary in the way they function and how they recognize income, expenses. This is why we are lucky to have a Chartered Professional Accountant on our team who can advise us accordingly for every client’s benefit.
Our Chartered Professional Accountant is a major asset to our advisory firm. We know that businesses vary with how they recognize income and expenses, so we have someone who can provide knowledgeable strategic advice about all things related to this area of business accounting.
At FShad CPA, we don’t just provide a service. We are committed to you and your financial future so that together we can make the best decisions for your needs at particular times. Stay assured that you can share any decision you want to make and our team will be there to help you choose.
You’re the captain of your own ship. Let us be there with you to help map out a route and keep an eye on how close you are coming towards reaching it! We offer goal-setting services to enable businesses to reach their financial “destination.”
FShad CPA is a one-stop shop for all your accounting needs. From taxes to audits, we have you covered with our experienced team of professionals who know how difficult navigating the Canadian business world can be!
Our Professionals stand out from its competitors with the high level of specialized services that they offer. From corporate tax returns to international and real estate taxes, We are your one-stop-shop for all matters taxation-related!
Frees Up Valuable Time: Stop wasting time on tedious and boring bookkeeping tasks, use those precious hours to generate sales and grow your business.
Bookkeeping Is Not Easy: bookkeeping is often seen as a tedious task – one that requires time and effort to learn. One software company, in particular, has been marketing their product with slogans like “It only takes an hour!” while it really does take years for some people just getting started out.
Helps To Run The Business: A good bookkeeper can help you manage your business better. They prepare financial reports, which is the backbone of any well-run company and they are responsible for teaching their clients how to read them in order to make smart decisions that will improve their bottom line.
FShad is the best accounting firm in Toronto and the GTA. We offer small and middle-sized businesses in Toronto quality accounting and bookkeeping services to give them an advantage over their competitors. We have been serving businesses in Toronto and the GTA for the past 6 years, and therefore, we understand all their needs. Our solutions are blended with modern technologies to streamline startups’ financial and bookkeeping systems. All our services are futuristic to ensure a long-lasting positive effect on your business focus and push it to higher levels. Our CPA firm plays an important role in your business operations. Our responsibilities towards your business growth include:
Without a professional firm executing the above accounting duties in your small business, you can’t reach your maximum potential. Our CPAs will help keep your finances in check for budgeting and income tracking. It goes without saying that hiring chartered accountants from FShad CPA is a smart and safe investment for your startup because you’re sure that your finances are in experts’ hands. Over the years we’ve been in business, we have never had a single occasion where our CPAs have sunk businesses to losses. Our staff is vetted under high standard requirements, and we conduct a thorough background check to ensure we only deploy upright individuals to your business.
Our firm helps small businesses in Toronto with corporate strategies, gives financial advice, and assists them in reducing costs, increasing profit, and mitigating risks. FShad CPA is synonymous with quality, reliable results, and effective strategies to help businesses achieve their goals. We offer a guarantee to our services and assure you to see progress when you hire us to do your numbers. Call us at (844) 982-4700 to manage your accounts and records in Toronto.
I found FShad CPA to be incredibly helpful when it came to answering my questions about the tax implications for an artist. They were patient in answering all of my questions, and they had a wealth of knowledge and experience that they were more than happy to share. I would definitely recommend their services to anyone who needs assistance with their taxes!
I wanted to take the time to thank our accountant for their wonderful experience. They helped us produce our company tax return that was accurate and complete. I didn’t have any experience of filing taxes so they took the time to answer all of my questions. They were helpful throughout the process and really goes above and beyond what you would expect from a CPA.
They helped me with my taxes this year, I had no idea how confusing it was! But they are super knowledgable, patient, and made sure I understood everything before moving on. If you’re looking for someone who will just push your paper through without caring about you, you’re not going to get that here. So glad I found them last year! Thanks
I reached out to Mr. Faiq Shad inquiring about tax filing services and he was extremely responsive and professional straight from the beginning. Having a family with different complexities and needs, Faiq was with us the whole way to ensure our taxes are filed correctly. In addition, he was very knowledgeable and provided guidance to ensure not only are we paying the right amount for taxes but also plan for the following year etc. I never felt like I was going through anything alone and for the ease of mind and the level of service you receive, the price is incredibly fair. There’s no one else I’d recommend than Faiq when it comes to tax and accounting needs. Thank you!!!
I have been in contact with Faiq for a few months as of now. Every experience I have had with him has been above and beyond expectations. He has always taken the time to help and make sure that I understand the problems that are being approached. I intend to work with Faiq long term, he knows his industry in and out and is extremely attentive.
I highly recommend Fshad CPA! They have provided prompt, warm, and above & beyond service to help my business. I have worked with other CPAs in the past, but none of them compare to the level of service I have received from Faiq. Thank you for everything!
Faiq was kind and understanding, he helped me with everything I needed, things got done in an expedited manner, and he was always available if I had questions. I would definitely recommend him to anyone needing accounting help!
"Faiq was great to deal with, took care of my personal taxes, he was attentive and professional. Most of all helped manage my taxes going forward. He followed up on my taxes and informed me on other tax related issues."
Nadia, Toronto
"Professional and knowledgeable accountant with tax expertise. Pleasant to work with. Respectful, honest and diligent. Highly recommended."
Hassan, Vaughan
"I recommend Fshad CPA to all the people out there. He’s an amazing professional always ready to help you. Their services are really great with great value for money."
Ranbir, Caledon
Some of our industries FShad CPA accounting firm helped and still helping.
Nothing is more reassuring for businesses than knowing that their financial and bookkeeping systems are stable and efficient. No one else can offer error-free accounting and bookkeeping services better than a professional accounting firm like FShad with proficient bookkeepers and CPAs. We offer you a host of reasons why you should hire our company to run your numbers as you run your business in Toronto.
Our firm consists of chartered professional accountants with over 10 years of experience in the field. We offer you more qualified experience at affordable rates to help put more money into your accounts. We offer specialist accountancy solutions, bookkeeping , and business advice. It’s always a plus to hire a professional to do your numbers because you know everything will be done accurately. Hiring a reputed and trusted firm like FShad CPA for accountancy and bookkeeping services is even better. More to managing your accounts accurately, our solutions are effective, our processes are transparent, and our resources are unlimited. Whether you need a 24/7 open back-office always to monitor your numbers or daily financial reports on your business, our staff is capable of providing everything at any time. We’ve adopted modern accounting and bookkeeping technologies to help us streamline your financial systems.
Our CPAs will help you allocate your business resources strategically, ensuring maximum exploitation with zero wastage. They will also help your business meet its compliance duty, i.e., tax auditing and tax return filing. Your balance sheets are also not left behind; we balance them and ensure we offer advice on how you can increase your revenue and reduce your businesses’ expenditures. Suppose you may try to execute the responsibilities of a professional CPA in your company. In that case, you’ll likely abandon other areas that only you can handle, like managerial duties, getting leads, or brainstorming new product/services ideas. This is because these accountancy tasks will take you more time to complete, and there’s a chance you’ll still not do it right. It’s in your best interest to hire a professional accountant from FShad to handle your accounts. We work with a lot of clients from different industries. So far, we’ve served over 300 clients from 15+ different industries including real estate, music and production industry, construction, and even the government.
Our accounting and bookkeeping services are fully dedicated to startups and middle-sized businesses making foundations in the market. Whether your business is brand new, just a few months old, or small size, we’re your godsend accounting firm in Toronto to help you reach great heights. We dedicate our resources and professional staff to help small businesses make it in a world full of giant competitors. We’ll help you keep making progress, and your accounts won’t run empty.
We own up to your business goals and objectives when you hire us. We help you coordinate your resources as we do your numbers, gearing the whole system towards your business’ success. We understand that small business needs a patient and supporting accounting firm to help them reach their goals. That’s why our staff is always willing to work closely with you and your staff and help you sort out daily financial issues effectively. We are always willing to listen to your needs and issues and work out a solution that fits you.
Most small businesses fear hiring an accountant because their budgets are tight. It would also be expensive to maintain a full-time accountant and their office. We understand your financial situation, and that’s why we offer flexible accounting and bookkeeping services to fit your schedule and budget. We can virtually manage your accounts and offer you full access to a back-office where you can monitor your numbers at any time. We can also offer affordable on-site accounting and bookkeeping services that will require our experts to visit your business only when you need them. Note that this won’t be full-time employment; we’ll work out a contract favorable to your budget. Our flexibility doesn’t limit the quality and efficiency of our solutions; it only makes us convenient for your business.
Call us at (844) 982-4700 to take care of all your accounting and bookkeeping needs in Toronto and the GTA. We provide quality and professional services, including Corporate Accounting, Bookkeeping, Taxation, Financial reports, financial advisory solutions, and Payroll services. They are all-around accountants who will never fail you when you require them to balance your accounts, manage more than two accounts (personal & business), or create an integrated payroll solution. We offer you the confidence that you’re hiring a professional and the benefits that come with it. This includes accurate calculation, precise predictions, and increased profits for your business. We guarantee to maintain a healthy financial profile that will impress your investors and welcome new ones to put more funds into your business.
We offer customized accounting and bookkeeping services tailored to your specific needs. We only offer you suggestions that work for your business. Our CPAs provide services at all levels of your business growth, rendering their accounting and bookkeeping expertise to lead financial planning and maintain revenue control. They are also tax auditors to help you comply with tax regulations, policy planners to help steer your business ahead, and financial analysts to offer viable recommendations and future insights.
Duties of our Chattered Professional include:
Hire FShad CPA today, and we’ll manage all the financial aspects of your business efficiently from top to bottom!
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Article Key Takeaways: Why outsourced accounting is important for your small business What an outsourced accountant can do for your
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All our accounting solutions are geared towards your business’s success. We help you start your business from scratch and help you grow and thrive in the shortest time possible. If your small business is on the verge of closure, we will develop new financial strategies to revitalize it within a short period.
Call us to breathe new life into your business and see it grow and glow. We constantly renew our accounting methods and standards to keep up with the industry’s trends. This will help us offer you modern solutions that work for today’s problems. Our accounting services are offered by CPAs with more than 6 years of experience in more than 20 industries. Whatever you deal with, we have a specialist to offer accounting and bookkeeping services tailored to your needs. Our solutions include:
You’re required under law to file your individual taxes every other tax year. Who’s required to file taxes in Canada? If you live in Canada permanently or temporarily and earn a salary or self-employment income, you’re required to file your taxes. When should I file my personal tax returns? The deadline to file your tax return is April 30th, after the end of a tax year. A tax year is January 1st through December 31st. Therefore, you can file your taxes after the tax year ends before April 30th. What happens if I don’t file my taxes by April 30th? You’ll have to pay some interest and penalties. The CRA will charge a late-filing penalty of 5% if you’re late, plus an additional 1% for every month after April 30th until you pay up. They will also charge you extra interest if you still don’t pay the owed tax plus penalty on time after 12 months.
What do I need to file my taxes? Normally, you require your social insurance number and T4 or final payslip. If you’re not familiar with the personal tax preparation and filing process, it’s important to contact a professional accounting firm like FShad CPA for quick assistance. Our CPAs are tax experts who can file your individual taxes, answer important financial questions and potentially save you money.
It’s always in your best interest to comply with your tax obligations in Toronto. We’ll help you evade penalties and overpaying your taxes. When your tax filing deadline is quickly approaching, you’ll need a speedy tax return expert to save you money. Call (844) 982-4700 for individual tax returns today!
Looking for a personal tax accountant in Toronto? FShad CPA is your reliable and affordable tax return assistant to help you prepare your individual taxes and file them on time. Our CPA tax specialists help thousands of Toronto, and the GTA residents comply with their T1 returns obligation during spring before the deadline. We have gained a lot of experience filing personal taxes, making us the best personal tax accountants in Toronto, ON.
As your personal tax accountant, we’ll help you know everything you need to complete a successful filing. First, you need your income slip which you can get from foreign assets, investment income (T5, T3, T600, T5008, T5013, or T5013A), employment income (T4, T4A), debt forgiveness, rental income, self-employment income, registered retirement saving plan income (T4RSP), pension and annuities (T4A, T4A(OAS), T4A(P), T4RIF, T4RSP) and any other income slip (T4E, T4PS, T5007, RC62, RC210).
Our tax experts will also help you enjoy tax deductions that you might not know about if you’re filling the taxes yourself. These tax exemptions include stock options, disability support expenses, child support expenses, ABIL, paid income tax installments, legal fees, moving expenses, and others.
More to deductions, your personal tax accountant from FShad CPA will help you identify the tax credits you’re eligible to claim. These tax credits will reduce the actual amount of tax you owe the government. Tax credits are important since they reduce your net liability. Some of the tax credits you may be eligible to include:
The new Goods and Service Tax/Harmonized Sales Tax helps home buyers with low or average income request a tax refund paid on their homes. They receive this tax-free payment quarterly. It lowers the GST they pay on their homes. Our tax experts will help you know if you’re eligible for the tax credit and what you need to do to claim it. Normally, if you’re above 19 years old and have/had a spouse, you can apply for a GST rebate. Also, if you’re a parent and live/lived with your kid, you’re eligible. You’ll need to check with your personal tax accountant in Toronto to see if you’re qualified.
Other conditions set to qualify for the GST/HST new housing rebate include:
If you’re a new homeowner and don’t know how to apply for the GST/HST rebate and claim the money, Contact us at (844) 982-4700, and we’ll assign you a personal tax accountant in Toronto to help you.
We help you identify tax credits that you can subtract from the income tax that you owe the government. They are essential because they help you lower your net liability. Our CPAs are tax experts in Toronto and will help you identify Ontario tax credits you’re eligible to and federal tax credits you can claim.
Our Chartered Professional Accountants in Ontario will help you get the most back from the government by filing your tax returns on time and helping you claim the tax credits you deserve. If you live in Ontario, you’re eligible for Ontario tax credits like Healthy Homes Tax Credit and the federal tax credits listed above.
Contact (844) 982-4700, your FShad tax credit expert in Toronto, to help you out.
FShad CPA is your reliable corporate tax accountant in Toronto to help you file your business taxes on time and claim the tax credits and benefits you deserve.
We prepare you small business tax returns, compile the financial report and help you identify legal tax loopholes that you can take advantage of. Our primary goal is to help you comply with the law while keeping your tax returns minimum. We can help reduce your business tax liability by helping you incorporate your business. Whether you’re a non-profit or a tax-exempt corporation, you have to file a T2 tax return before April 30th. Failure to do so will attract penalties plus monthly interest. For inactive corporations, we provide nil returns filing services to avoid penalties.
Let FShad CPA be your corporate tax accountant in Toronto, ON, and you’ll enjoy services like:
Do you have scientific research and experimental company in Canada? The federal government offers tax refunds/credits every year to support your work called the Canadian Scientific Research and Experimental Development Tax Incentive (SR&ED).
Let FShad CPA be your corporate tax accountant to help you claim your SR&ED tax credits on time. We report the SR&ED expenditures and investment tax credit 12 months after your corporation’s income tax returns are due to ensure you get the refund.
To be eligible, your schedules, records, and accounts should be documented appropriately. This is because once the CRA auditors find some inconsistency or inaccuracy in the records, they automatically disqualify your claim. You need a Chattered Professional accountant with experience claiming SR &ED for years to help you out. Call us at (844) 982-4700 to help you claim the SR&ED refund you deserve.
We offer professional bookkeeping services in Toronto to help streamline your accounts and recording systems. Leave the daunting bookkeeping responsibilities to us and concentrate on closing more leads and getting more investors. Importances of bookkeeping in your small business include:
Contact us today and make us your professional bookkeeper at a reasonable price.
Financial statements show your business activities and its financial performance over a period of time. Our CPAs prepare accurate financial statements for your business that can be comfortably represented to the government or investors. There are several types of financial statements prepared for enterprises, including:
Our Chartered Professional Accountants in Toronto will make your business finances easy to understand by compiling straightforward reports. Financial reports have benefits, including:
Thinking about incorporating your business to grow? Let our CPAs and tax experts in Toronto help you through the rigorous and time-consuming incorporation process. There are many benefits of incorporating your business, including:
Call FShad CPA to help you incorporate your business for maximum benefits.
Business valuation is the process of finding out the economic value of a business. You can calculate your business worth by subtracting the value of liabilities from the value of assets. Your business assets include anything that can be converted into money, while a liability is what your business owes other parties. We offer reliable business valuation services in Toronto for small and middle-sized businesses.
Business valuation for small businesses is important because it helps owners know their weaknesses and strengths. It helps them assess their opportunities and opportunity costs as they plan for growth and expansion.
Business valuation in Toronto is not done the same for all businesses. It depends on the size and age of your business to determine the suitable method to use to acquire accurate figures. For instance, startups need a different approach than businesses older than 5 years because of historical earnings. Here are the 5 common ways to calculate a business value or worth.
We offer estate planning services in Toronto to help you rest assured that your assets will be transferred to the beneficiaries of your choosing when the time comes. We ensure that taxes and other fees are greatly reduced during the transfer to reduce the burden on beneficiaries.
Our estate planning services include:
We simplify the long and complex estate planning process for you and your family. Our prices are competitive, and we’re flexible to work around your availability and budget. Choosing us is in your interest. Here are reasons why you should hire us for your estate planning:
We offer reliable budgeting services in Toronto and business forecasting services in GTA. Our CPAs will help you make a reasonable budget to push your goals and objectives and make accurate predictions for your business. A budget will allocate funds for your speculations helping your business to make progress.
For those of you confusing budgeting and financial forecasting, budgeting appraises the projections of incomes that a business wants to get in the near future (maybe a week, month, or year). In contrast, forecasting speculates the amount of revenue that will be attained in a future period.
Budgeting services in Toronto
FShad offers you reliable budgeting to help you plan the future of your business. A budget includes:
A budget serves the 3 most important purposes in your business:
A budget will help you control/minimize your spending, track how you use your income, and discover ways you can save more to increase your profits.
Forecasting services in Toronto
Our Chattered Professional Accounts can make accurate business speculations to help you make informed decisions and get ways to utilize your budget optimally. We formulate detailed forecasting reports for your business and offer data-driven strategies to push it through expected challenges.
Here are the 3 reasons your small business need a forecasting expert in Toronto today: