Comprehensive Tax & Accounting

From individual T1 filings and CRA NetFile submission to corporate T2 tax strategies, full-cycle bookkeeping, and GST/PST returns. Discover professional solutions tailored to your unique financial profile.

Core Service #2

Business & Corporate Tax Preparation (T2)

Strategic Corporate Tax Planning

Navigating federal and provincial corporate taxes in Canada requires strategic insight. SR Accounting Services INC. handles complete T2 corporate tax filings, compilation of financial statements (Notice to Reader / Compilation Engagement), corporate tax credits, and active tax deferral planning to legally reduce corporate liabilities.

Key Inclusions & Schedules:

T2 Corporate Return preparation & CRA transmission
Compilation / Notice to Reader Financial Statements
Small Business Deduction (SBD) optimization
Capital Cost Allowance (CCA) & depreciation
Shareholder loan reconciliations & balance management
Salary vs. Dividend strategic tax modeling
T5 dividend slips & T5 Summary CRA filings
Scientific Research (SR&ED) tax credit assistance
204-314-0013
Who This Is For:
Canadian-Controlled Private Corps (CCPC)
Small & Mid-Sized Businesses
Professional Corporations (Doctors, Lawyers)
Holding & Operating Company Structures
Real Estate Investment Corporations
Audit-Proof Records: Every statement compiled meets CPA compilation standards for bank financing and CRA reviews.
Core Service #3

Full-Cycle Bookkeeping & Payroll

QuickBooks & Xero ProAdvisor

Keep your financial books accurate, organized, and audit-ready. We provide monthly bank reconciliations, accounts payable/receivable management, chart of accounts structuring, and complete payroll deductions including CPP, EI, and employee tax withholdings.

Key Inclusions & Workflows:

Monthly bank, credit card & loan reconciliations
General ledger maintenance & journal entries
Accounts Payable (AP) and Accounts Receivable (AR)
Bi-weekly / monthly payroll runs with direct pay stubs
Monthly CRA payroll source deduction remittances (PD7A)
Year-end T4 and T4A slips and CRA Summary filings
Records of Employment (ROEs) for departing staff
QuickBooks Online & Xero real-time cloud sync
204-314-0013
Who This Is For:
Retailers, Cafes & Restaurants
Construction, Electricians & Trades
Medical, Dental & Therapy Clinics
Digital Agencies & IT Consultancies
E-Commerce (Shopify, Amazon) Sellers
Zero Shoe-Box Stress: Snap photos of your receipts or email digital invoices; we take care of the entire ledger.
Core Service #4

CRA Certified E-Filing Services & Back Taxes

Direct CRA Encrypted Protocol

Avoid postal delays, paper errors, and lost submissions. As an authorized CRA electronic filer, we transmit individual and corporate returns directly to the Canada Revenue Agency through encrypted secure protocols, receiving immediate electronic confirmation codes.

Key Inclusions & Capabilities:

Instant official CRA submission confirmation number
Direct deposit arrangement with CRA for rapid refunds
Multi-year prior tax filings (up to 10 overdue years)
T1 Adjustment Requests (T1-ADJ) for missed credits
Voluntary Disclosures Program (VDP) penalty relief
100% paperless digital signing and secure portal
CRA Represent a Client authorized representative status
Notice of Assessment (NOA) verification and dispute
204-314-0013
Behind on Taxes?

Haven't filed for 2, 5, or even 10 years? The CRA charges compound daily interest on balances owing. We help you catch up safely and request relief under CRA taxpayer fairness provisions.

Zero Judgment: We have helped hundreds of Canadians clear years of overdue back taxes with complete confidentiality.
Core Service #5

GST / PST Returns & Sales Tax Compliance

Input Tax Credit (ITC) Optimization

Sales tax errors and late remittances can quickly trigger punitive CRA fines and provincial audits. We accurately reconcile your taxable revenues, calculate Input Tax Credits (ITCs) on all eligible business expenses, and submit your federal GST/HST and Manitoba PST returns on a monthly, quarterly, or annual basis on time.

Key Inclusions & Remittances:

Accurate tracking of eligible Input Tax Credits (ITCs)
GST/HST return preparation and electronic filing (GST34)
Manitoba Retail Sales Tax (PST) calculation & reporting
Monthly, quarterly, or annual remittance scheduling
Cross-provincial PST/QST rules for out-of-province sales
Zero-rated vs. exempt supply revenue classification
GST/PST registration support for growing businesses
Representation during CRA and Manitoba Finance sales tax audits
204-314-0013
Sales Tax Rules:

In Manitoba, businesses charging GST (5%) and PST (7%) must ensure separate reporting and reconciliation. Many businesses leave thousands of dollars on the table by missing ITCs on operational expenses.

ITC Maximization: We reconcile all sales tax paid on business utilities, supplies, and tools so you claim every penny back.
Strategic Advisory

Business Incorporation & Financial Advisory

Business Growth Architecture

Starting a new business venture or transitioning from sole proprietorship to an incorporated corporation requires solid financial architecture. We provide comprehensive setup assistance, tax structuring, CRA Business Number (BN) setup, and cash flow modeling.

Advisory Solutions:

Federal (Canada) & Manitoba provincial incorporation setup
CRA Business Number (BN) & corporate account registration
Articles of incorporation share class planning
Sole proprietorship to corporate rollover advice
Cash flow forecasting, budget projections & break-even targets
Bank financing business plans and financial compilations
204-314-0013
Ready to Incorporate?

Incorporating can offer significant limited liability protection and substantial corporate tax deferral rates compared to personal tax brackets in Canada.

Tailored Guidance: We ensure your share classes and corporate accounts are structured correctly from day one.
THE CLEAR DIFFERENCE

How We Compare

Why Canadian businesses and individuals prefer dedicated professional accountants over automated software or temporary tax kiosks.

Swipe horizontally to compare all features
Feature & Service Standard SR Accounting Services INC. DIY Tax Software Seasonal Mall Kiosks
CRA Direct Electronic NetFile Certified E-Filer Included Included
Audit Defense & CRA Representation Dedicated Support You're On Your Own Extra Expensive Add-On
Year-Round Office & Phone Access 12 Months / Year Chatbot Only Closed After April
Corporate T2 & Compilation Statements Full In-House Not Supported Very Limited
Full-Cycle Bookkeeping & Payroll Sync Complete Management None None
Prior-Year Back Taxes Filing (Up to 10 Yrs) Full Multi-Year Current Year Only Heavy Surcharges
Transparent Flat-Rate Pricing Upfront Quotes Paywalls for Slips Hidden Form Fees
HAVE QUESTIONS?

Services FAQ

Find quick answers to common questions about filing taxes, deadlines, and bookkeeping in Canada.

For most individuals, the Canadian personal income tax filing and payment deadline is April 30th. If you or your spouse are self-employed, the filing deadline extends to June 15th, although any tax balance owing is still due by April 30th to avoid interest penalties.
A corporation must file its T2 return within 6 months of the end of its fiscal year. However, corporate tax balances owing must generally be paid within 2 months (or 3 months for eligible Canadian-Controlled Private Corporations claiming the Small Business Deduction).
Switching is quick and painless! We can transfer your existing QuickBooks, Xero, or Sage data directly, or establish a brand new clean chart of accounts. We request accountant access to your software and coordinate directly with your bank feeds, ensuring seamless continuity.
Yes! While our main physical office is located in Winnipeg, Manitoba, as an authorized CRA electronic filer, we prepare and e-file federal and provincial returns for individuals and businesses across Alberta, Ontario, Saskatchewan, British Columbia, and other Canadian provinces and territories.

GET A CALL BACK

If you need to speak to us about a specific service, tax estimate, or bookkeeping transition, fill in the form and an SR Accounting advisor will get back to you within the same working day.