Raj Bookkeeping & Tax Services

Tax Preparer & Bookkeeper for small businesses in Etobicoke

Raj Baral, Raj Bookkeeping Tax Services, is a highly experienced MBA Accountant/Bookkeeper especially in the field of Small Businesses. Raj already has worked over 20 years in various industries as a Chief Accounting Manager, Assistant Controller, Account Officer, Treasury controller, and Senior Accountant. He started his own practice since 2015.

Our services:

1. a) Prepare Individuals, Self-employed and Business Tax Returns
2. b) Full cycle of Bookkeeping/Accounting
3. c) Payroll: Issuing pay stuffs, T4 slip, T4A slips, T5slips and ROEs
4. d) GST/HST and WSIB filing
5. e) Government remittances: GST/HST, Payroll taxes, Income taxes and WSIB
6. f) QuickBooks & Bookkeeping Training for Job seeker & Small Business Owners
7. g) Company Registration & Consultation for start-up Small Business

 Processes

1. a) Free Consultation in person or by phone:

We provide free consultation services for our clients related to their business especially in Accounting/Bookkeeping and Taxes in person or by phone. We always prefer a personal consultation. We are friendly and we can discuss all your concerns in-depth and putting effort into properly understanding your business activities. We would be very happy to work with you as a business partner.

1. b) Engagement letter and services fees:

We also discuss our services and our fees based on your needs. Based on our discussion and the client's needs, We provide the engagement letter to the clients and get signature and keep in records.

1. c) Collection of financial supporting documents:

We provide the checklist to our clients for collecting your business's financial supporting documents. As per our checklist we collect all necessary documents such as Bank & Credit Cards statements, invoices, receipts, and bills, etc.

1. d) Sorting/Filing:

After getting the required documents, we do the sorting of the documents as needed. We prepare the file and folder and keeping those documents properly and organized manner.

1. e) Bookkeeping/Payroll:

We post all your financial transactions in QuickBooks and Excel spreadsheets. We prepare journal entries, General Ledger, Trial Balance, Income Statement and Balance sheet accurately and timely manner. We do the bank and credit card reconciliation on a monthly basis. We also provide payroll services including issuing pay stuff, T4 slips, T4A slips, and ROEs.

1. f) Initial Financial Statements:

We prepare periodical the initial financial statements accurately and on time as required.

1. g) Analyzing and recommendations:

After preparing the periodical financial statements, we go through it again and review all your incomes and all your operating and capital expenses in detail and analyze it. If need any corrections or adjustment we make corrections and adjustment as required.

1. h) Meeting with Clients & Tax planning:

After our final review, corrections, and adjustments, we present the financial statements to our clients and go through in details We would be very happy to discuss with our clients with their concerns and issues. We also discuss with clients about their personal and family tax situations, payments to the owner, Salary or dividend, family member salary if they work/involve in business, rental income, investment income nationally and globally, etc. We discuss the current corporate tax, GST/HST taxes, Payroll taxes, and WSIB and EHT. As per our discussion, we finalize our tax planning.

1. i) T slips issue and prepare personal and family tax returns:

Based on discussion with clients we issue as required T slips such as T4, T4A, and T5. We prepare personal tax returns and family tax returns as request. We also submit the payroll tax returns to the CRA.

1. j) Corporate tax returns and GST/HST returns:

Based on the clients' approved the financial statements, we prepare the Corporate tax return( T2), getting authorization from the client for filing electronic and submitting the T2 to the CRA. We also prepare the GST/HST returns based on filing period( monthly, quarterly or annually ) and submit to the CRA at the given time.

1. k) Tax packages:

We organize and return back the financial supporting documents with a copy of T2 tax returns, GST/HST return and the unaudited financial statements for your records.

1. l) Represent the clients:

We also represent our client for dealing with the CRA and getting accurate information from the CRA online accounts.

If you require the above services, please contact us now at rajbookkeeping 33@gmail.com or mobile: 647-607-9309 or office: 416-743-2702/289-497-8963 .

Our address is 33 Brookmere Road, Etobicoke, ON M9W2X5.