Professional Accounting Firm in St. John's

Our Accountants, Tax Professionals, and Bookkeepers are St. John's's best resource.

Accountants and tax professionals are key to your business' success. Our accounting firm specializes in providing a comprehensive range of accounting services to businesses in St. John's and across Canada. In addition to tax planning and accounting, we provide a wide range of services.We offer expert financial guidance due to our dedication to providing exceptional accounting services.

Whether you're starting your own business or expanding one, we can help. As a result, we aim to provide you with practical advice and assistance in every circumstance and proactive suggestions and accurate financial reporting.Our services are available to individuals, small businesses, and corporations.

• Accounting
• Corporate tax returns
• Tax consultations
• Personal tax returns
• Financial statements
• Payroll
• Tax audits
• HST Filing
• Bookkeeping
• Incorporation
• Cross-border taxes
• Non-resident taxes, and more.

We are happy to answer any questions you may have.

How can a GTA accountant help you in St. John's?

In addition to taxes, investment proposals, and what percentage of retained earnings you must retain, you will need to consider your business's size and exposure.We provide a number of tangible benefits at our St. John's accounting firm.

Become more cost-effective

A St. John's accountant can greatly reduce your business expenses. You will begin by learning about your company's financial position.Your cash flow reports can be examined in detail in order to identify growth opportunities.We will lay out all your costs, such as rent, insurance, interest rates, salaries, etc. You can improve your business's liquidity and solvency and your peace of mind if you take the time to focus on its challenges.Lastly, our St. John's accounting firm can file your taxes accurately and in an organized manner.

Focus on your core competencies

Keep your accounting books up to date. Get your business on the right track. It would be best to put your business strategy first today more than ever. Financial indicators for a business can be easily analyzed by accounting professionals. With this knowledge, you can create cohesive business strategies.You'd be able to expand your business, create a marketing strategy, and eventually become the CEO if you had more time on your hands.

Minimize losses

Your business must comply with all statutory and regulatory requirements. For example, you may be required to incorporate, file taxes, and keep records. Small business owners who focus more on their clients than on tax legislation updates may find it difficult to keep up with constantly changing tax requirements.A wrong report can cost you money, time, and reputation. If you've spent hours reconciling financial data, tax penalties don't make sense.

Services We Provide in St. John's

Our services include:

Tax Consulting Services

The importance of filing your taxes on time can be attributed to several factors. Taxes may be higher if you file your Canadian taxes late. Taxpayers (including sole proprietorships and partnerships) who failed to file their income taxes on time owe the Canada Revenue Agency (CRA). The following penalty will be assessed:You will be charged an additional 5%A penalty of 1% per month will be assessed for returns that are more than one month late.A penalty assessment can be made in a previous tax year for late filing, and the following formula is used to calculate it:An additional 10% penalty;A late fee of 2% will be charged up to 20 months late.

Tax preparation is much easier if you file early. Your refund will also be faster than those of your competitors.An experienced tax preparer will prepare your taxes within a few hours. He can save you time and money regardless of whether you need a personal or business accountant in St. John's. Identify any deductions or savings you are eligible for as soon as possible after the end of the year by contacting your St. John's tax preparer.You shouldn't have a hard time filling your personal taxes. You can save yourself both time and money by hiring a professional accountant like GTA Accounting in St. John's.

Bookkeeping Services in St. John's

In order to start a business in St. John's, several factors must be taken into consideration. You are more likely to be surrounded by customers and competitors when your business is located in a busy area. This can make it difficult to retain your competitive edge. Your finances must be organized before expanding your business and achieving the professional goals you have set for yourself.When you keep track of profits and losses, you can develop a marketing strategy that will help your business grow.You can achieve this goal with the help of our bookkeeping services in St. John's. Your losses and gains in St. John's can be identified by a good bookkeeper.A successful business depends on understanding and analyzing its numbers. A bookkeeper or accountant with experience can ensure that every detail is handled correctly and no mistakes are made. By utilizing our St. John's bookkeeping services, you will be able to run your business more efficiently.

Accounting Firm in St. John's

Individuals, businesses, and corporations all file tax returns with accountants. Each year, taxpayers are required to file their taxes with the Canada Revenue Agency (CRA). There is no way around this requirement. In case you fail to meet this requirement, you will be fined.GTA Accounting also offers bookkeeping services in addition to tax preparation and accounting. A firm like this takes care of all the heavy lifting, so you don't have to. They also ensure that the advisors you work with are experienced and knowledgeable.St. John's accountants can assist you with your accounting needs. Here are the services we offer:

• Personal Tax Accounting
• Bookkeeping
• HST Filing
• Auditing
• Financial Planning
• Small Business Accounting
• Payroll

It is common for business owners to assume they can handle all their responsibilities independently. Our totals at the end of the day are mixed up despite the amount of time we spend on this. You may think owning a small business is impossible since you have to deal with both the paperwork and the day-to-day operations. You don't need to worry, though, because we can handle all of this for you.For more information about our services, contact our experts today.