Frequently Asked Questions About Accounting Services
Filing taxes correctly and promptly can help you receive rebates quickly and keep you on the right side of the authorities. So it’s essential to work with a reliable accountant who can prepare your taxes while guiding you with cash flow and budgeting advice.
However, when it comes to accounting, there are a ton of questions clients have but often find answers difficult to come by. Therefore, Williamson Accounting wants to arm you with the most accurate information available to help you make informed financial decisions. To do this, we’ve answered some of the most frequently asked questions about accounting services.
1. Do you provide free consultation?
We provide a free thirty-minute phone or in-person consultation for most of our services.
2. Do you have any resources to assist with organizing and tax filing?
The resource area of our website provides valuable information and tax forms to assist you in organizing your annual filings.
3. What size companies do you work with?
We primarily work with startups and growing companies.
4. Do you work with non-resident entities?
Yes, under certain situations and structures. Please don’t hesitate to get in touch with us for more information.
5. Can you assist with late arrears/ filing?
We can typically assist and communicate with the reporting agency on your behalf.
6. Do I need more than one HST (harmonized sale tax) account?
No. Commonly, it’s only required if you operate two separate business entities. For example, if you own a bakery and a hair salon.
7. Do I need an accountant?
We live in a busy society that quickly absorbs most of our time. Therefore, hiring an accountant to handle your business preparation and reporting will free up more leisure hours. Alternatively, it can provide you with more time to build your business.
If you have any more questions about accounting, get in touch with the experts at Williamson Accounting. As the best accounting firm in Toronto, Ontario, we provide top-notch solutions. Our services include small business tax preparation/ filing, bookkeeping, business consultation, tax planning, CRA audit assistance, and corporate year-end services.
We serve clients across Toronto, the Greater Toronto Area, and surrounding areas.