Services

 

Audits

An audit is a challenging process for profit and non-profit entities alike. When your business faces the intense financial scrutiny involved in an audit, you need a reliable partner to ensure your accounts are prepared in a way that achieves both accuracy and compliance.

Entrusting this responsibility to SC Corporation, you can be assured that your financial records are carefully analyzed and reported on by experienced professionals. If you need an audit, contact us to find out how we can help.


CRA Audits and Appeals

Let us help you simplify the complicated process of dealing with the CRA. Led by a former CRA Senior Auditor, our resourceful team resolves most CRA audits and appeals without the need of a Tax Lawyer.

We will assign a dedicated expert from our team to work with you, review your accounts and prepare your documentation. As your advocate, our team also assists with all auditor inquiries and files comprehensive objections and appeals. Call us today for more information on our industry-leading CRA Audits and Appeals team.


Accounting

SC Corporation employs an established system that verifies compliance and presents your Review or Notice to Reader financial statements in an organized and meaningful way. Regardless of the complexity of your financial records, our systematic review of historical and current data will strengthen the credibility of your annual financial statements and reduce the risk of a CRA audit.

But at the SC Corporation, we believe accounting services should go beyond providing you with a compliant statement and managing your government, shareholder and bank-reporting requirements. By developing long-term partnerships with our clients, we help you strategically plan your growth. Throughout the year, we act as your advisor in navigating the complexities of your work, identify potential cost and tax savings, generate accurate projections, produce strategic budgets, and mitigate future risks.

The team at SC Corporation is more than just your trusted accountant. We develop lasting relationships that improve operations and increase profitability. Partner with us!


Tax

Protecting your earnings and safeguarding your assets requires a rigorous tax review process that minimizes errors and omissions. Attempting to prepare personal, corporate, or estate taxes without expertise in the complexities of taxation puts your potential savings and profits at risk. Employing a dedicated team that is consistently and proactively trained on tax laws will maximize your tax breaks, minimize your tax liabilities, and keep your money where it belongs.

The tax experts at the SC Corporation are trained and supervised to seek solutions in both routine and non-routine situations. Unlike other CPA firms, we see tax preparation as more than just a computer data entry process. We tailor our services to the diverse and intricate requirements of every client. Through structured questions, our knowledgeable and experienced team often identify adjustments that result in significant tax refunds, which is why many of our clients have chosen us as their partner for over 20 years.

As your partner in tax preparation, SC Corporation asks the questions that result in savings and identify opportunities for planning. How many probing questions did your last tax preparer ask you?  Don’t risk unnecessary tax liabilities. Contact the SC Corporation for the following services:

  • Personal taxes

  • Corporate taxes, including Professional Corporations

  • U.S. tax returns

  • Estates

  • Trusts

  • Partnerships, including limited partnerships

  • Representation on CRA audits and appeals

  • GST/HST New housing rebates

  • SRED:  Scientific Research Expenditure Development tax credit applications

  • Estate planning, personal and corporate tax planning, tax planning for immigrants and emigrants


Non-Resident Taxes

Whether you’re a non-resident of Canada or you live in Canada for less than 183 days of the tax year, the CRA imposes tax obligations on income you receive from Canadian sources. This includes rental income or gains realized on the disposition of property owned in Canada.

The SC Corporation specializes in minimizing those non-resident tax burdens. With careful consideration and accuracy, we assess your individual tax position and responsibilities under Canadian law. We protect your income and assets while ensuring that you meet your Canadian tax requirements.

In over 20 years of service, the experts at SC Corporation have gained a reputation for the quickest and most cost-saving Tax Clearance Certificate applications on the sale of Canadian property. Our consistent success positions us as the primary authority for non-resident property owners needing expert advice and services.

We are the go-to office for lawyers and realtors dealing directly with non-resident property owners and offer these specialized services in English, Cantonese and Mandarin:

  • Non-Resident tax returns

  • Tax Clearance Certificates on the sale of Canadian properties


Pension Plans

Setting up a company Pension Plan is one of the many expert services we do best at the SC Corporation. Through our highly specialized corporate Pension Plan service, we have assisted countless corporate clients in reducing their income taxes and accumulating wealth faster than an RRSP.

Setting up a company Pension Plan is ideal for the employed business owner interested in providing for their key asset – your select employees. Providing a retirement plan for your most valued employees not only encourages productivity and fosters retention, it also reduces your businesses tax burdens and provides for your own retirement. We work with you to build a plan using your discretion and our expertise.

Contact SC Corporation to explore the potential of this valuable tax and estate plan through our expertise and guidance. You’ll gain a powerful wealth accumulation tool for yourself, the loyalty of your key employees, as well as unparalleled tax savings.


Bookkeeping

Bookkeeping is one of the most time-consuming aspects of business finances. Properly managed books require more than keeping daily and monthly records of cheques, deposits and sales. Streamlining and computerizing your bookkeeping process in accordance with best practices can save both time and money when it comes time to file your year-end financial statement and tax returns.

SC CPA Professional Corporation employs an experienced team to accurately and efficiently manage your books. Our professionals are committed to upholding industry standards and ensuring the proper checks and balances are maintained on all your financial records.